November 13, 2018 Subject: MD&A for the financial statements of the 3rd quarter of fiscal year 2018 ended as of September 30, 2018 To: The President The Stock Exchange of Thailand Aapico Hitech Public

year, due to the delay approval process of budget expenditure of the government for the 2020 fiscal year. - Revenues from sales and beauty treatment services in Q2/2020 were THB 4 million decreased by 92

During the year ended 31 December 2019, the Group has adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses

Company’s total cards reached 8.92 million cards, increased by 5% from the end of fiscal year 2018 (including 2.82 million credit cards, increased by 8% from the end of last year and 6.1 million member cards

2% of total turnovers. The consolidated revenues from hire purchase were 91 million baht, a decrease of 6 million baht or 7% from last year. This was mainly contributed from hire purchase income from

half of the fiscal year 2019 through the transmission system of the Stock Exchange of Thailand within the period specified in the notification. However, the reviewed financial statements for Q2/2019 were

preparation and submission of the first half of the fiscal year 2019 together with an interim management discussion and analysis within the period as specified by the notification of the Capital Market

G Steel Public Company Limited G Steel Public Company Limited ("GSTEEL") had duties to prepare and submit a financial report for the first half of the fiscal year for the year 2018

half of the fiscal year 2020 together with an interim management discussion and analysis ("MD&A") to the SEC office within the period specified by the notification of the Capital Market

half of the fiscal year 2021 together with an interim management discussion and analysis ("MD&A") to the SEC office within the period specified by the notification of the Capital Market