: The Operating results of the company and its subsidiaries Explanation of the operating performance for the 3-month period ended March 31, 2019 as in the consolidate financial statement has net profit

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the First Quarter ended 31 March 2019 1. Q1/2019 Highlights Figure 1: Quarterly results  Thai Financial

Financial Reporting Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand

1 27 May 2019 Subject: Explanation of operating result in the financial statement ended 31 March 2019 To: President of the Stock Exchange of Thailand With reference to the financial statement of FY

Ref: No 18/2005 Ref: No 32/2019 June 27, 2019 Subject : Promissory note from connected persons and granting financial assistance To : The President The Stock Exchange of Thailand The Board of

: The Operating results of the company and its subsidiaries Explanation of the operating performance for the 3-month period ended June 30, 2019 as in the consolidate financial statement has net Loss 19.86

management of NCL International Logistics Public Company Limited and its subsidiaries (the "Company") on the Company's financial statements for the 6 months ended June 30, 2019 that changed more than 20

Analysis Consolidated Financial Statements For the three-month period ended 31 March 2018 Operating performance Revenues Type of Revenue Jan-Mar 2018 Jan-Mar 2017 THB (m) % THB (m) % 1. HR Solutions 1.1

financial statement, the Company booked a net loss amounting to 10.26 million baht, representing a smaller loss of 6.10 million baht or 37.27% from the net loss of 16.36 million baht booked in the same period

months ended June 30, 2018 To The President The Stock Exchange of Thailand Management Discussion and Analysis Consolidated Financial Statements For the six-month period ended June 30, 2018 Operating