. 0107536001133 Ref. MD 124/2017 September 25, 2017 Re: Clarification on the operating performance of the Company and its subsidiaries for the three-month period (1st quarter) of 2016 (amendment) Attn: President

August 12, 2019 Subject: Management Discussion and Analysis For the three-month period ended June 30, 2019 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited (“The

and its subsidiaries had the operation results for the three-month period ended March 31, 2018 with the following details: unit: THB million 2018 2017 Change (THB million) Change (%) Revenue from Sales

subsidiary have the total revenue for three-month period and nine-month period ended 30 September 2018 in the amount of Baht 180.30 million and Baht 567.78 million respectively. When compared to the same

financial statements for the three-month period ended 31 March 2019 and 2020 Revenues Q1/20 Q1/19 Change +/(-) Revenue from hotel operations 232 367 (36.9) Revenue from property development operations 238 115

revenue for three-month period and six-month period ended 30 June 2020 in the amount of Baht 22.67 million and Baht 49.99 million, respectively. When compared to the same period of the year 2019, that had

Company Limited would like to clarify the operating results of the Company. For the three-month of the third quarter ended on March 31ST, 2020 the details are as follows: Comparison of operating results for

three-month periods ended March 31, 2020 and March 31, 2019 were 646.34 million baht and 480.92 million baht, respectively, increased by 165.42 million baht or 34.40% due to increased page2 from 4 revenue

profit in the last three years. SEC Act S.241 Settlement Committee Meeting No. 4/2013 Settlement Committee Order No. 35/2013 Dated 20/06/2013

. (Pace One) and Pace Project Three Co., Ltd. (Pace Three) and submit to the SEC as well as publicly disclose the information within 14 days.PACE's auditor issued a disclaimer of conclusion on the