Structure after transaction: After first and second additional share purchase 3.2 Transaction Size Calculation for the transaction size Rules Calculation Transaction Size(%) Note 1. Asset Value % x NTA in the

restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed by the Department of Royal Forest of 53.57MB.  Finance costs increased by 54.44MB in year 2018

the Company. The Company cooperates with the Department of Royal Forest (“RFD”) to forestry restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed

recognition of a provision of forestry restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed by the Department of Royal Forest of 47.42MB  Finance costs

in 2017 compared to higher cost of goods sold from imported zinc in 2018.  The recognition of a provision of forestry restoration compensation after the cessation zinc operation as stipulated by law

of Thailand and notify its shareholders by letter within 21 days from the date disclose information to the Stock Exchange of Thailand. Old Rules Calculation Transaction Size(%) Note 1. Asset Value % x

ratio of the Company and subsidiary companies Unit: Million THB Type of Income Q2/2019 Q2/2018 %variance First Half 2019 First Half 2018 % variance Note 1. Income from Sale of Real Estate 1 1,366.28

cooperates with the Department of Royal Forest (“RFD”) to forestry restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed by RFD. In 2019, it needs to be

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The