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Translation - ✔GULF Gulf Energy Development Public Company Limited MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY'S PERFORMANCE For the First Quarter Ended March 31 , 2021 The Management Discussion and Analysis of the Company's Performance ( the " MD & A ” ) is intended to present and analyze the Company's results of operations and financial position at the end of the accounting period . Such information may change in the future . The MD & A is primarily prepared in Thai . In cases where the content in the translation contains any conflict or is interpreted differently from the Thai version , the Thai version shall prevail . For questions or queries , please contact our Investor Relations Department : Tel : +66 ( 0 ) 2080-4488 or Email : ir@gulf.co.th