4,900,000 shares at 10.00 Baht per share (par value) in total not more than 49,000,000.00 Baht is proceeded when Vanachai Logistics Co., Ltd. has approval to increase capital and to require share payment

Baht in Year 2019. 4.2 Payment term According to general trade terms and conditions. - 2 - 5. Transaction Volume 5.1 The above transactions are considered as related transactions in regular business

% 60.0 2.6% -16.3 -21.4% Trade and other payables 123.6 5.0% 102.7 4.5% -20.9 -16.9% Long-term loan within 1 year payment 115.4 4.6% 122.4 5.3% 7 6.1% Short-term loan 39.6 1.6% 0.0 0.0% -39.6 -100.0% Long

, 2019 in amount of 40.2 million baht. Significant transactions were from the dividend payment 22.4 million baht and repayment of long-term loans from financial institutions 17.5 million baht. Date

profit of the 9 month of year 2019 earned of THB 34.7 MB and decrease from the dividend payment according to the resolution of the general meeting 1 / 2019 in the amount of THB 41.6 MB. The company plan to

from the defaulted date onwards (April 11, 2017) until the payment is completed. The appeal costs had to be bear, other than the modified decision to be conformed to the Court of First Instance’s

relating to severance payment in case of retirement of employees in accordance with the amended Labor Protection Act which was recorded during 4Q18. Cost-to-income ratio excluding loss from sale and

provisions for employee benefits due to the change of severance payment policy following the amended Labor Protection Act. Analysis of Shareholders’ Equity As at 31 December 2019, the shareholders’ equity was

stock of Baht 103 million, and dividend payment of Baht 134 million. Please be informed accordingly. Yours sincerely, Mr. Sompol Tanadumrongsak Managing Director

business performance after deducting dividend payment. From above Statements of Financial Position, D/E Ratio as of December 31, 2019 was 1.15 times, decreased from ratio as of December 31, 2018 (2.15 times