June 30, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2019 Overall Group Performance Table 1

Management Discussion and Analysis 1 Ref: AC.017/2020 18 May 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange

Extraordinary General Meeting of the Shareholders No. 1/2561, Plans for listing CAZ (Thailand) Co., Ltd. on the Stock Exchange of Thailand Attention The President The Stock Exchange of Thailand Enclosure

. Management Discussion and Analysis For the Year Ended December 31, 2017 Page 5 2. Operation performance according to consolidated financial statement Unit : Million Baht Revenue from sale and rendering of

) (185.2%) Adjusted items Net unrealized loss on exchange rate 52.9 3.0% 49.2 4.3% (3.7) (7.0%) Non-recurring items1 - - (419.3) (36.4%) (419.3) - Adjusted EBITDA2 373.6 21.3% (296.8) (25.8%) (670.4) (179.4

Page 1 of 4 GEL.CS.005/2561 27 February 2018 Subject Management Discussion and Financial Analysis for the operating results as at December 31, 2017 To Director and Manager The Stock Exchange of

วันที่ 10 พฤษภาคม พ -Translation- 1 Ref. LPN/SorKor/109/2561 10th May, 2018 Re: Report on Financial Analysis in Q1/2018 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co

-1 -Translation- Ref. LPN/SorKor/053/2562 14th February 2019 RE: Financial Statements Analysis Report 2018 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd. would

Ref: UWC 025/2562 November 13, 2019 Subject: Management Discussion and Analysis 3rd Quarter ended September 30, 2019 To: President The Stock Exchange of Thailand Ua Withya Public Company Limited

RP-AC 003/2017 August 10, 2017 Subject: Clarification of Q2/17 Operating Results To: Directors and Managers of the Stock Exchange of Thailand Richy Place 2002 Public Company Limited (RICHY) would