Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

characteristics under Chapter 3, the SEC Office may stipulate a period of time or condition to accept the application of the appraisal company or personnel to be the lead appraiser, as the case may be, in the next

and reduce the financial burden. 10. Opinion of the Board of Directors concerning a decision to enter into the transaction Considering the current economic condition, Government land appraisal Price

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

been approved by the Securities and Exchange Commission (SEC) as follows; - Thai Property Appraisal Lynn Phillips Company Limited: 215 baht/sq.m./month - Future Appraisal Company Limited: 220 baht/sq.m

buy land without interest) Sale and Purchase contract ordinary shares agreed to as per condition payment as follows; • Baht 10,000,000 at Contract Date as Deposit which is considered as part of the

borrow to buy land without interest) Sale and Purchase contract ordinary shares agreed to as per condition payment as follows; • Baht 10,000,000 at Contract Date as Deposit which is considered as part of

the transaction together with the reviewed appraisal reports for such property to the shareholders meeting for their consideration in accordance with the relevant laws and regulation. The Board of