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

SAFARI WORLD PUBLIC COMPANY LIMITED, located at No 1 TRANSLATION Safari World Public Company Limited Registration No. B.M.J. 0107537000351 Ref. No. 107 /2020 AUGUST 14, 2020 Re. : The explanation and

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condition and other financial products offered at that time. (2) Transaction Size The calculation of transaction size under the Notification of Acquisition and Disposition, is calculated from the interim

condition and other financial products offered at that time. 1.6.2 Undertaking Transaction No compensation paid 1.7 Criteria used to Determine the Consideration Value 1.7.1 Disposition of Assets Transaction

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

100 MB  Capital increased by FVC to HHC at 150 MB The aforesaid funding gained by FVC’s capital increased by Right Offering approved by the shareholders at AGM 2017 10. Condition of Doing the

shall provide evidence on securities trading and maintain such evidence in full and updated condition for at least five years from the trading date, provided that the maintenance of such evidence during

Narongdej (2) Golden Tiger Associates Ltd. (3) Mr. Nuttawut Phowborom and (4) Mrs. Sangduan Ewbamrung (collectively called “Existing Shareholders”) in the number of not less than 14,947,300 shares, at a par