Management Discussion and Analysis 1 Ref: AC.017/2020 18 May 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange

Management Name : Mr NIRAN CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 12/03/2018

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 06/09/2016

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 08/09/2016

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 09/09/2016

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 14/10/2016

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 07/03/2017

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 23/03/2017

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 24/03/2017

Management Name : Mrs WANNEE CHOURKITTISOPON | Type of securities : Common share | Methods of Acquisition / Disposition : Buy | Transaction Date : 29/03/2017