Management discussion of three-month operating result ending March 31, 2020 To The President of the Stock Exchange of Thailand Matching Maximize Solution Public Company Limited (the Company) would like to

Page 1 Date 13 May 2020 Re: Management Discussion & Analysis for the 3-months period Ended 31 March 2020 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN PUBLIC COMPANY

the auditors of the company for the year 2020 (Revise) Attn: President The Stock Exchange of Thailand Please find the reviewed Financial Statement for the Quarter 1/2020 ending 31 March 2020 which had

percent. To: President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (the "Company") would like to clarify the description and analysis of the

Page 1 Date 11 November 2020 Re: Management Discussion & Analysis for the 9-months period Ended 30 September 2020 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN PUBLIC

Page 1 No. CMC Sor Lor.013/2019 Date 12 November 2019 Re: Management Discussion & Analysis for the Period Ended 30 September 2019 To The President of the Stock Exchange of Thailand (SET

Page 1 of 2 AC6305/006 May 14, 2020 Subject Clarification of the operating results for the quarter 1/2020 ended March 31, 2020 To Director/ Managing Director The Stock Exchange of Thailand According

-1 - Translation - Ref. LPN/SorKor/386/2562 7th November 2019 Re: Consolidated Financial Statements Analysis Q3/2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall

-517-0109-14 Fax 66-2-5170529 February 27, 2017 Subject Management Discussion and Analysis for the year ended December 31, 2016 To Managing Director of Stock Exchange of Thailand Table of Financial Ratio