: Management Discussion and Analysis for Yearly Ending 2017 (Edited) To: President The Stock Exchange of Thailand Pursuant to JAS Asset Public Company Limited (the “Company”) Board of Meeting No.1/2018 on 22

Stock Exchange of Thailand The Company wishes to present the Management Discussion & Analysis (MD&A) on the operating and financial status for the year 2017. The MD&A would enable the investors to better

: Management explanation and analysis for the year ended 31 December 2017 Attention : The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“the Company”) would like to clarify

Law on Derivatives ; (17) derivatives business operator under the Law on Agricultural Futures Trading; (18) international financial institution; (19) Deposit Protection Agency; (20) Stock Exchange of

; (17) derivatives business operator under the Law on Agricultural Futures Trading; (18) international financial institution; (19) Deposit Protection Agency; (20) Stock Exchange of Thailand; (21) juristic

) Stock Exchange of Thailand; (21) juristic person in the category of statutory corporation; (22) juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy

limited to units which: 1. has securities portfolio; 2. provides services of trading investment units , registered as listed securities, for clients through a member of SET . (9/1) “ SET ” means the Stock

listed securities, for clients through a member of SET. (9/1) “SET” means the Stock Exchange of Thailand; (10) “Office” means the Office of the Securities and Exchange Commission; (11) “units” means

. (9/1) “SET” means the Stock Exchange of Thailand; (10) “Office” means the Office of the Securities and Exchange Commission; (11) “units” means investment units of mutual fund, certificate of pooling

(Translation) NEP-AC 001/2562 28 February 2019 Subject : Management Discussion and Analysis for year ended 31 December 2018 To : The President The Stock Exchange of Thailand Operating Result NEP