Director Authority List of sh Duangkamol Apiradee Pitc Sittiporn Sena Next Vision C Total number 2/2019 (Recor newly issued onate to the f the Compan ved to approv ny holds 99.99 s in Happy P products and a

acquisition of the newly-issued ordinary shares totaling 50 percent of the total sold shares in Happy Products and Service Co., Ltd., which the highest transaction value equals to 2.09 percent based on the

business as follows: (a) Inbound revenue is estimated to be 10.00 percent from inbound revenue of Happy Shopping, which is estimated from the growth of inbound revenue according to Happy Shopping’s business

follows. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2018 expanded by 3.3%, decreased from 4.6

According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the second quarter of 2018 expanded by 4.6%, decreased from 4.8% in the previous

2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance

Company. The water utilities business in Vietnam will create the growth to the Company and expand the investment base to foreign countries to serve the business expansion of the Company in foreign countries

of the newly-issued ordinary shares totaling 50 percent of the total sold shares in Happy Products and Service Co., Ltd., which the highest transaction value equals to 0.41 percent based on the total

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

-1 1 Ref. LPN/SorKor/053/2563 13rd February 2020 RE: Financial Statements Analysis Report 2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd. would like to submit