Global Green Chemicals Public Company Limited Management Discussion and Analysis For the operating results of 3Q/2019 Global Green Chemicals Public Company Limited Management Discussion and Analysis

manipulating share price of Thai Plastic and Chemicals Plc. (TPC). With the referral from the Stock Exchange of Thailand on irregular trading of TPC shares by a group of persons, the SEC probed into the case and

Global Green Chemicals Public Company Limited Management Discussion and Analysis | 1 Management Discussion and Analysis For the operating results of 1Q2019 Global Green Chemicals Public Company

Management’s Discussion and Analysis For the operating results of 2Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

Management’s Discussion and Analysis For the operating results of 3Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

)% Specialty Chemicals 40 158 (74)% 2 16 22 (90)% Core EBIT 598 1,000 (40)% 54 136 190 (72)% Core Net Profit after Tax and NCI4 387 789 (51)% 8 92 121 (93)% Core Net Profit after Tax and NCI (THB m) 12,002

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 3 2017 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the operating results of FY2019 Global Green Chemicals Public Company Limited Management Discussion and Analysis

Management’s Discussion and Analysis For the operating results of 1Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

Oxides and Derivatives 16 26 52 (69%) 94 234 (60%) Specialty Chemicals 16 3 44 (64%) 61 172 (65%) Core EBIT 136 231 292 (54%) 735 966 (24%) Core Net Profit after Tax and NCI4 92 159 260 (65%) 498 786 (37