MD&A Y2019 (E) - Final RATCH Group Public Company Limited Management Discussion and Analysis For the Year Ended December 31, 2019 Management Discussion and Analysis For the Year Ended December 31

Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish

MD&A Q2Y2019 (E) - 07.8.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2019 Management Discussion and Analysis For

10 years and a maturity date in 2028, and bear a fixed interest rate of 4.50 percent per annum. Payment under the notes is guaranteed by the Company. The net proceeds from the issue of the new notes

a number of measurements to control selling and administrative expenses as mentioned above. 3/5 Oishi Group Financial Performance for the nine-month period ended June 30, 2020 Revenue Total sales and

S11_009_2563 MD&A 1Q2020 E บริษัท เอส 11 กรุป จํากัด (มหาชน) ทะเบียนเลขท่ี 0107556000698 S 11 GROUP PUBLIC COMPANY LIMITED 888 ซอยจตุโชติ 10 ถนนจตุโชติ แขวงออเงิน เขตสายไหม กรุงเทพฯ 10220 โทร. 0

MD&A Q3Y2019 (E) - 11.11.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Management Discussion and

manager shall also have the qualifications specified under Sub-clause (2) and (3). In case where shareholder under the first paragraph is a commercial bank under law on undertaking of finance business

Committee of ADAM at the time of committing the offense), and a group of five other persons, namely (4) Mr. Nithamon Hadsadin Na Ayudhya; (5) Mr. Apichart Chansakulporn; (6) Miss Bongkorn Chansakulporn (or

analyze the causes of the crisis stemming from rapidly decreasing digital assets’ value, which is affecting the confidence of global investors and financial institutions. The impact on digital asset