บริษัท สำนักกฎหมายธรรมนิติ จำกัด Page 1 of 2 No. NDR006/2018 Date: 23 February 2018 Subject Management Discussion and Analysis (MD&A) Report for Q4/2017 Attention Directors and Manager, The Stock

Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the year 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Net sales 212.16

At Hor-For 0126/2550 November 7th, 2017 At Hor-For 0133/2560 Subject Notification of the performance of 3rd quarter ended September 30, 2017 Attn Directors and Manager, The Stock Exchange of Thailand

At Hor-For 0126/2550 February 23th, 2018 At Hor-For 0020/2561 Subject Notification of the performance of 2017 Attn Directors and Manager, The Stock Exchange of Thailand We, Hwa Fong Rubber (Thailand

performance for 3-month period ended September 30, 2017. To Managing Director The Stock Exchange of Thailand The Operating results of the company and its subsidiaries for the 3-month period ended September 30

performance for 3-month period ended June 30, 2017. To Managing Director The Stock Exchange of Thailand The Operating results of the company and its subsidiaries for the 3-month period ended June 30, 2017 as in

synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price situation. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols were tight which were impacted by the

prices while in 1Q2017, Natural FA prices were higher than Synthetic FA prices. However, the company recorded stock loss & NRV of THB 216 million, pressured by downward trend of CPKO prices. As a result

May 25, 2017 Subject: Notification on the Acquisition of Assets of AAPICO Hitech Public Company Limited To: The President The Stock Exchange of Thailand Enclosure: Information Memorandum Concerning the

August 15, 2017 Subject: MD&A for the financial statements of the 2nd quarter of fiscal year 2017 ended as of June 30, 2017 To: The President The Stock Exchange of Thailand Aapico Hitech Public Company