”), with 51.0% and 49.0% of registered and paid-up capital of CVHLUX as of 30 September 2017, respectively. CVHLUX is a holding company which invests in 100% share of the registered and paid-up capital of

PTT group’s policy in renewable energy investment. This investment will be either in the form of joint venture or share of returns on investment. Currently, GPSC is studying in more detail with PTT

Share subscription received in advance - 130.48 - - Ratained earnings (deficits) Appropriated-legal reserve 9.62 9.62 9.62 9.62 Enclosure 1 Page 9 Unit: THB December 31, 20181/ (Audited) December 31

newly issued preferred shares, with a par value of Baht 1 per share, at an offering price of Baht 0.031 per share, totaling Baht 2,172 million, and (2) Bangkok Bank Public Company Limited (“BBL”) in the

) & NRV -233 -33 606% -62 276% Adjusted EBITDA(1) 444 345 29% 449 -1% Adjusted EBITDA Margin (%) 9.6% 8.1% 1.5% 8.6% 1.0% Net Profit 64 145 -56% 251 -75% EPS (Baht/share) 0.06 0.20 -70% 0.24 -75% Note : (1

possessed 22.6% volume share, ranked the 2nd largest among energy drink brands in Thailand according to the Nielsen’s final sales data to consumers. For the domestics, nonetheless, the Company still places

declined by 11.3% YoY to 26,185mn in 1Q 2017/18. The TV sector with the highest market share at 66.3% fell 13.7% YoY to THB 17,359mn and Traditional media (Newspaper, Magazines and Radio) with a 13.1% market

(0.37) (0.06%) Issued and fully paid-up common share (Million Share) 565.14 517.82 47.32 9.14% Par (Baht) 0.50 0.50 0.00 0.00% Management's Discussion and Analysis and operating results for the Quarter 2

79.51% Shareholders' equity 656.40 663.70 (7.30) (1.10%) Issued and fully paid-up common share (Million Share) 565.14 517.82 47.32 9.14% Par (Baht) 0.50 0.50 0.00 0.0% Statement of Financial Position

loss of THB 66.5mn in 3Q18. Net profit per share in 3Q19 was THB 0.01. Management Discussion and Analysis ( - translation - ) For operating result of 3Q19, ended 30 September 2019 Raimon Land Plc. | 14