) (745) (38%) Net financial costs (16) (72) (20) (19%) (190) (127) 50% Dividends and PERP interest (74) (134) (128) (43%) (286) (254) 12% Proceeds from issue of ordinary shares due to warrants exercised

sold shares in Permata (Series A and B shares having equal rights on voting and dividends, and both being listed and traded on the Indonesia Stock Exchange (“IDX”) at the same price and using the same

assets (2) (147) 0 99% - Maintenance capex (48) (55) (39) 13% (22)% Cash Flow After Strategic Spending 186 (1,858) 244 - (24)% Net financial costs (72) (75) (72) 5% 1% Dividends and PERP interest (69) (7

financial costs (75) (98) (33) 23% (131)% Dividends and PERP interest (7) (75) (10) 91% 32% (Increase)/Decrease in Net Debt on cash basis3 (1,867) (150) (296) (1,148)% (531)% 1 Includes inventory gains

. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES ..................................... 12 XI. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS ..................... 12 XII. INTERESTS OF EXPERTS AND COUNSEL

mini (New Model) and Automotive parts. 2. Dividends received 0.022 million baht, Decrease from the same period a year before, 0.33 million baht. 93.71 percent because dividends received from Thaitakaya

proceeds received from sale of the shares of the Business or the sale of the shares of the Business’ subsidiaries, dividends received from the Business, the restructuring the structure of the Business, the

September 9, 2018, resolved to approve that the Company adjust the exercise ratio and the exercise price under the said Warrants to be in line with the payment of stock dividends to the existing shareholders

stock dividends to the existing shareholders of the Company whereby the exercise ratio was adjusted to be 1 unit of the Warrant for 1.5 newly issued ordinary shares of the Company (1:1.5 ratio) and the

and efficiency. In addition, the Company and its subsidiaries have recognized the share of loss of non- controlling interests of the subsidiaries in the amount of 1.77 million baht, a decrease of 11.95