capital increase is to expand the capacity of flexible packaging products, to repay the loans and used as working capital. Details are shown in Capital Increase Report Form (F 53-4) (Attachment 1). 4

: Currently, the Investor does not have any relationship with the Company, the management, the person having control, or major shareholder of the Company. Nevertheless, after the subscription of capital

authorized director and management. As such, The Investment Disposal Transaction is considered as the connected transaction pursuant to Connected Transaction Notifications with the highest transaction value MB

Ref. No. IVL 003/02/2019 26 February 2019 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of

, trader codes/details of the business entities whose financial statements for the latest period have been signed by an auditor in giving opinion or whose working paper has been reviewed by the SEC Office

, trader codes/details of the business entities whose financial statements for the latest financial period have been signed by an auditor in giving opinions or whose working paper has been reviewed by the

consider approving the entering into such transaction. 3.3. Rationale and background of the transaction Due to the policy decisions by the former management of the company last year 2014 in the auction of

V3 22/08/62 0 V3 22/08/62 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Second Quarter of 2019 The Thai economy in the second quarter of 2019

in personnel management and investment in the company very well as individual or / or institutional investors. according to the announcement of the related transaction, in the event that investors

% and 13% YoY, respectively. • Fixed broadband revenue was Bt8,436mn, increasing 21%YoY due to strong subscriber growth from working and studying from home combined with effective churn management despite