office” means a governmental office which is classified to be a part of central government under the Law on State Administration1. “significant shareholder” means a person holding shares of any

system for obligation repayment under derivatives and delivery of the underlying goods under derivatives (if any) by an approved person for operation under a regulatory sandbox in the same manner as a

or through a third party. In the case where the approved person for operation under a regulatory sandbox in the same manner as a derivatives exchange arranges a system for obligation repayment under

เครดิตอนุพันธ์” (reference obligation) หมายความว่า ทรัพย์สินหรือสัญญาที่สัญญาเครดิตอนุพันธ์อ้างอิงกับเหตุการณ์ที่มีผลต่อการชำระหนี้ของทรัพย์สินหรือสัญญานั้น หรือของผู้ออกทรัพย์สินหรือคู่สัญญาดังกล่าว (ฉ/3

-measurement of employee benefit obligation amounted Baht 3.76 million. Ocean Glass Public Company Limited Page 4/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s

amount of 1.04 million baht and the decreased in employee benefit obligation payment at 0.98 million baht. 3. Shareholder equity as of December 31, 2019 with amount of 731.23 million bath decrease from

1,912.16 1,823.65 -4% 0% Trade payable 122.27 116.41 114.71 5% 7% Interest-bearing debts 2.07 200.28 81.69 -99% -97% Employee Benefit Obligation 28.58 32.31 25.46 -12% 12% Other liabilities 59.52 36.79 60.75

-bearing debts 1.80 81.69 -98% Employee Benefit Obligation 38.35 25.46 51% Other liabilities 80.83 60.75 33% Total liabilities 234.86 282.61 -17% Total shareholders' equity of the Company 1,590.99 1,490.24 7

liabilities, employee benefit obligation, current liabilities and other non-current liabilities.

58 million, because the Company have paid for the loan. - Other liabilities consisted of bank overdrafts, deferred tax liabilities, employee benefit obligation, current liabilities and other non