, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th • There is no substantial change in both liabilities and assets. Please be informed accordingly, Yours faithfully

Baht As of 30 Sept 2020 % As of 31 Dec 2020 % Change %YoY Assets Cash and cash equivalents 198.27 30.8 34.69 7.8 163.58 471.5 Trade and Other receivables, net 64.29 10.0 105.71 23.9 (41.42) (39.2

. September 30 December 31 2018 2017 Change Current assets 928.99 945.33 (16.34) Non-current assets 1,206.94 1,334.99 (128.05) Total assets 2,135.93 2,280.32 (144.39) Current liabilities 691.29 692.25 Non

decreased by Baht 119 million and income tax expenses decreased by Baht 250 million. Page 5 of 5 VI. Financial Position (Unit: Million Baht) 30 Sep 2019 31 Dec 2018 Change Change (%) Total assets 51,117

Discussion and Analysis for the 1st quarter of year 2024 3 2) Financial Position Analysis (Unit : Million Baht) March December Change 2024 2023 Amount % Change Total Assets 25,477.5 25,293.3 184.2 0.7% Total

) Financial Position Analysis (Unit : Million Baht) December December Change 2021 2020 Amount % Change Total Assets 22,722 22,346 376.44 1.68% Total Liabilities 13,908 14,605 -697.07 -4.77% Total Equities 8,815

0.8 0.8 (Unit : Million Baht) September December Change 2022 2021 Amount % Change Total Assets 25,485 22,722 2,763 12.2% Total Liabilities 15,631 13,908 1,723 12.4% Total Equities 9,855 8,815 1,040 11.8

Position Analysis (Unit : Million Baht) September December Change 2023 2022 Amount % Change Total Assets 26,242.4 25,469.0 773.3 3.0% Total Liabilities 15,050.7 15,539.5 -488.9 -3.1% Total Equities 11,191.7

2022, representing a 3.5 % increase year-on-year. 3) Financial Position Analysis (Unit : Million Baht) December December Change 2023 2022 Amount % Change Total Assets 25,293.3 25,469.0 -175.7 -0.7% Total

% Allowance (reversal of allowance) for impairment of assets 5.6 0.8% -3.6 0.0% -9.2 -163.6%   JAS Asset’s Management Discussion and Analysis for FS2018 Page2/5 2017 2018 Change MB % MB % MB % Profit before