Padaeng Industry Public Company Limited and its subsidiaries _______________________________________________________________ Management Discussion and Analysis (MD&A) For the three-month and six

August 10, 2018 Re: Management Discussion and Analysis for the period 3 months June 30 ,2018 To: The Registrar, Stock Exchange of Thailand Patkol Public Company Limited : Management Discussion and

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2017 MDA_ENG (revised 19Feb18) Ocean Glass Public Company Limited Page 1/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance

Discussion and Analysis (MD&A) for year 2017 21 Table 6: Consolidated Statement of Cash Flow Unit: Million Baht 2017 Cash flows from operating activities Gain (loss) for the years 366 Adjustments for

%) Gain (loss) for the years 366 (1,048) 135% Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 17 Table 4: Summary of Consolidated Financial Results Unit: Million Baht 2017 2016

concession agreement and gain on fair value adjustment of investment. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2019 8 (Translation

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additional changes to existing projects and maintenance projects that was completed the previous year. Some of contracts cost had been recognized last year. Another contributing factor is the gain from change

2018_Q1_MDA_ENG Ocean Glass Public Company Limited Page 1/2 Management Discussion and Analysis Operating Results In the 1st quarter of 2018, Ocean Glass Public Company Limited and Subsidiaries (“the