to the first 9 months of 2019. This is due to the fact that businesses in the banking and insurance sectors began to bring technology into their business operations, resulting in a significant increase

activities are better than the rest quarters. The Company still closely monitored and manage risks that might occur and affect company operations. The Company expected to grow its transaction amount from

-1- AIT (VP-SEC) 022E/2021 November 9, 2021 Subject: Management's Discussion and Analysis of Operating Results for Q3-2021 To: The President of the Stock Exchange of Thailand Summary of Operations Q3

partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020

Profit from Operations (Net profit from operations of disposed companies x Proportion) x 100 Net profit of listed companies Western U Company Limited = 129.64 x 3,299,998/3,300,000 x 100 422.98 =30.65 % WP

-1- AIT (VP-SEC) 035E/2023 November 7, 2023 Subject: Management's Discussion and Analysis of Operating Results for Q3-2023 To: The President of the Stock Exchange of Thailand Summary of Operations Q3

incurred the increased selling and administration expenses as aforesaid mentioned. In consideration of the net profit from operations in 1Q18, the Company's net profit margin to total revenue was 4.5% which

revenues from operations by business segment. Page 3 of 4 IV Expense First quarter (Unit: Million Baht) 2018 2017 Change Change (%) Selling expenses 189 228 (39) (17) Administrative expenses 370 435 (65) (15

3,265.92 million, increased by 6.99% as following details. - The decrease of cash and cash equivalent amounted Baht 4.76 million or 5.01% due to manage cash inflow from operations to support investment in

1 / 5 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year at the end of 31 December 2018