1 --Translation- Sor Gor 75/2017 July 21, 2017 Subject: Management Discussion and Analysis for the second quarter ended June 30, 2017 (Unaudited) To: The President The Stock Exchange of Thailand

1 --Translation- Sor Gor 85/2017 August 24, 2017 Subject: Management Discussion and Analysis for the second quarter ended June 30, 2017 (Audited) To: The President The Stock Exchange of Thailand

1 --Translation-- Sor Gor 106/2017 October 20, 2017 Subject: Management Discussion and Analysis for the third quarter ended September 30, 2017 (Unreviewed) To: The President The Stock Exchange of

1 --Translation-- Sor Gor 113/2017 November 9, 2017 Subject: Management Discussion and Analysis for the third quarter ended September 30, 2017 (Reviewed) To: The President The Stock Exchange of

1 --Translation-- Sor Gor 7/2018 January 19, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Unaudited) To: The President The Stock Exchange of Thailand

1 --Translation-- Sor Gor 11/2018 February 22, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Audited) To: The President The Stock Exchange of Thailand

modeling. In 1Q19, DI focusing on long-term investment with value based investment philosophy recorded loss on investment including gain on re-measuring available-for-sale securities totaling Baht 14 million

. HF focuses on equity and derivatives trading with less than 1 year investment horizon, applying Market Neutral strategy and advanced statistical modeling. In 1Q18, DI focusing on long-term investment

strategy and advanced statistical modeling. In 1Q18, DI focusing on long-term investment with value based investment philosophy recorded loss on investment including loss on re-measuring available-for-sale

structured products. HF focuses on equity and derivatives trading with less than 1 year investment horizon, applying Market Neutral strategy and advanced statistical modeling. In 2018, DI focusing on long-term