(Translation) NEP-AC 001/2563 26 February 2020 Subject: Management Discussion and Analysis for year ended December 31, 2019 To : The President The Stock Exchange of Thailand Operating Result NEP

operating result (%) Y2019 Y2018 %YoY Gross profit margin (%) 43.44% 40.90% 2.54% Selling expenses and administrative expenses to total revenue (%) 44.67% 40.49% 4.18% Net profit margin (%) 0.83% 2.64% -1.81

payment extension. Therefore it is a result to the additional of debt which overdue exceeded 181-365 days. Overdue - Overdue 1-90 days amount 6.70 million Baht - Overdue 91-180 days amount 58.00 million

Liabilities 956 930 797 Shareholder’s Equity 422 431 445 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,646 3,979 3,727 Gross Profit 229 258 247 Operating Profit 113 131 126 Profit for the year 79 93 90 Other

(Translation) NEP-AC 001/2562 28 February 2019 Subject : Management Discussion and Analysis for year ended 31 December 2018 To : The President The Stock Exchange of Thailand Operating Result NEP

compensation of not less than 400 days at the employees’ latest wage rate. This caused a onetime expense of THB 39. 60 million in this quarter. As a result, EBITDA from the performance in Q2/2019 decreased from

margin of 36.97%, decreased by 5.03% as a result of the following 2.1 A decrease of gross profit margin by 1.28% due to the practice to comply with Thai Financial Reporting Standard No. 15: Revenue, which

Page 1 of 4 May 11, 2018 Subject : Operating Result Quarter 1 Ending March 31, 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited would like to clarify the

1 Ref: CK-18-0000-AFD(AC)-L-0022 May 15, 2018 Subject: Clarification on Operating Result and Financial Position for the three-month ended March 31, 2018 Attention: President The Stock Exchange of

Liabilities 914 784 835 Total Liabilities 930 797 845 Shareholder’s Equity 431 445 445 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,979 3,727 1,887 Gross Profit 258 247 146 Operating Profit 131 126 65 Profit