(Microsoft Word - MPIC - 4150514765052264 E) -Translation – MPIC 013/2018 August 8, 2018 Subject: Notification of the investment in the distribution company in Cambodia Attn: The President The Stock

was 18 the same as last year. The second quarter in 2020, the company distribution costs and administrative expense 41.5 Million Baht and 56.7 Million Baht in 2019, compared with last year were

of 2020 the gross margin was 22% and 21% in the first quarter of 2019. The first quarter in 2020, the company distribution costs and administrative expense 45.1 Million Baht and 46.9 Million Baht in

from the date that the Board of Directors’ Meeting approved the establishment of a new subsidiary Name of the Company Forth Smart Distribution Company Limited Type of business To sell goods and services

. The company had increased distribution costs of Baht 85.43 million or 64.67% due to the company changing the sales management structure with distributor. The company is responsible for marketing and

quarter of 2018. As the result of the company’s gross profit increased 7% compared with the last period. The third quarter in 2019, the company cost of distribution and administrative expense were 56.6

year. In 2017, the company cost of distribution and operating expense 192 Million Baht and 189 Million Baht in 2016, compared with last year were increased 2%. Because of the company was higher cost of

result of the company’s gross margin increased 7% compared with the last period. The first quarter in 2019, the company cost of distribution and administrative expense were 46.9 Million Baht compare with

person under the Social Security Scheme from one of the subsidiaries to the Company. Distribution costs and selling & administrative expenses increased in the amount of Baht 16.8 million or 10.3%. On the

effect is decrease in other income. Distribution Cost An increase of distribution cost compares to the same period last year due to increase in sales volume that mentioned above. The Company incurred