○  Merger    ○  Notifications of the Association of investment Management Companies    ○  Others ​• Private Fund Management     ○​  Execution of Agreements for Management and Management of Private Fund

the factors mentioned above, the company had Adjusted EBITDA Margin in quarter 3/2017 of 355 MB increased from quarter 3/2016 which was 239 MB and had Adjusted EBITDA margin for the period of 9M/2017 of

% 4,581 6,722 47% Non-controlling interests (407) (392) (201) (50%) (49%) (1,665) (672) (60%) Net profit for the Company 893 1,896 2,574 188% 36% 2,916 6,050 107% Adjusted Net Income3 1,265 2,264 2,937 132

increased Baht 2,839 million or 134% from Q1/2019. For Q1/2020, the Company’s Adjusted Net Income, which is the net profit excluding the fair value of intangible asset from the acquisition of GLOW was Baht

. บรษัิท โกลบอลกรนีเคมคิอล จํากดั (มหาชน) Management’s Discussion and Analysis | 3 Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating Performance Table 1

Debentures from the Buyers, and as a result, the debts in respect of the Convertible Debentures shall be extinguished by way of merger under the law. In such case, the Company, as the issuer of the Convertible

the Convertible Debentures from the Buyers, and as a result, the debts in respect of the Convertible Debentures shall be extinguished by way of merger under the law. In such case, the Company, as the

the Convertible Debentures from the Buyers, and as a result, the debts in respect of the Convertible Debentures shall be extinguished by way of merger under the law. In such case, the Company, as the

the Convertible Debentures from the Buyers, and as a result, the debts in respect of the Convertible Debentures shall be extinguished by way of merger under the law. In such case, the Company, as the

2015 strategic plan adjusted to align with his vision presented before the SEC Board in the candidacy for the SEC Secretary-General post. The adjusted framework will focus primarily on understanding