Glass Public Company Limited Page 4/4 Management Discussion and Analysis Statements of Financial Position as of June 30, 2019 June 30, 2019 (Million Baht) December 31, 2018 (Million Baht) Change

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Change Engineering 523 495 28 42 15 27 8.0% 3.0% 5.0% Management 635 570 65 49 44 5 7.7% 7.7% 0.0% Solar energy 94 94 - 44 46 (2) 46.8% 48.9% -2.1% Trading 40 74 (34) 7 11 (4) 17.5% 14.9% 2.6% 1,292 1,233

%.  Distribution costs for the 4th quarter 2018 represented 21.2% of revenue from sales, increased from the same period last year Baht 2.39 million or 2.7%. The change was due to increasing of rental expense. 1/2

2019_Q3_MDA_ENG Ocean Glass Public Company Limited Page 1/4 Management Discussion and Analysis Operating Results 3rd Quarter 2019 Ocean Glass Public Company Limited and its subsidiaries (“the Company