Bangchak Petroleum Plc. was of Bt13.5 million. 2.2.5 The Employee benefit obligations was of Bt900.1 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3 Shareholders’ Equity As

strengthen business confidence both in the manufacturing and the service sectors. However, cost of manufacturing tended to rise following to the labor coat and material prices, while increasing prices of good

shareholders’ meeting till to the completed process of newly issued shares registration 8 - Specialized business review & advisory fees 5 - Compensation under labor law 6 - Others 5 24  Financial costs The

. - Employee benefit obligations were 193.53 million Baht, rose by 43.07 million Baht from the end of year 2018 mainly due to the effect from the labor law Note: According to the debentures and long-term loan

Co., Ltd. in this information memorandum. 9 Cost Estimates : It comprises of 95% of raw materials, labor and other costs of the Self-operate Restaurants and 8% of selling and administrative expenses of

provisions of a new Labor Protection Act which came into effect in 2019. The increase was partially offset by a decrease in provisions of shrinkage and obsolescence and bad debt by THB 109 million and THB 310

Baht 568.3 million in Q4/2019, decreased by Baht 126.7 million or 18.2% from Q4/2018. The decrease was mainly due to lower number of non-sales workforce employees at Index Living Mall stores, lower

3 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 5 IX. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 6 X. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 7 XI. INTERESTS OF EXPERTS AND COUNSEL 8

Translation (Translation) PAGE (Translation) -9- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC

(UNOFFICIAL TRANSLATION) Codified up to No. 5 As of 3 July 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 2