launch of ?The Pride in Thai Innovative and Creative Businesses? Project, aiming to promote raising fund through capital market for innovative and creative businesses. The application period will last

revised in 2004 to take into account inter alia, the experience in Asia with concentrated ownership. The Asian Roundtable therefore decided that a review of the White Paper was warranted. This Report is

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Eng_MD&A Final Q3'19 November 13, 2019 Ref: SET-2019-011 Re: Management Discussion and Analysis for Quarter 3’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company

MD&A Q1_2019 (Eng ) May 2, 2019 Subject : Interim Management Discussion and Analysis of Q1/2019 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements of

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SHR MD&A 3Q19_EN Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 1 of 8 Management’s

MD&A Q4_2019 (Eng ) February 19, 2020 Subject : Yearly Management Discussion and Analysis of 2019 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

MD&A Q2_2020 (Eng ) July 31, 2020 Subject : Interim Management Discussion and Analysis of Q2/2020 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

MD&A Q3_2020 (Eng ) November 2, 2020 Subject : Interim Management Discussion and Analysis of Q3/2020 Attention : President of The Stock Exchange of Thailand We attach herewith the financial