., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th No. NDR003/2020 27 February 2020 Subject: Management Discussion and Analysis (MD&A) Report for Business

) Project Development A) Immigration Department Office B) Customs Department Office C) Office of the relevant government agencies and others that are necessary for the project 3) Other relating to services

1 Ref FN. 047/2019 Management Discussion and Analysis For operation of the third quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

cloud services of National Telecommunications Public Company Limited, the Project to procure an application management system and automated platform of the Social Security Office, the Project to provide

(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED

Quarter , dialysis machines was increased to accommodate more patients. In addition, on February , , dialysis unit was inaugurated in a government hospital to provide hemodialysis services (The nd branch

Management Discussion and Analysis for Interim Business Operations Investment in Subsidiaries In the 3rd quarter of 2018, Hydrotek Public Co., Ltd. has additionally invested in the following

for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Gain on exchange rate from USD Loan to related parties at WUPIN

economy and price competition Mobile revenue was Bt28,847mn, decreasing -1.7% YoY and -2.5% QoQ impacted by low spending amidst Omicron’s spread and relatively high base of 1Q21 from government stimulus

.) Government spending and investment in infrastructure despite a lower rate of growth due to the delay of government establishing and pending promulgation of 2020 capital expenditure 3.) growth in private