within December 2017. Industry Overview In term of the retail industry in 3Q17, there has been constant low growth from the previous quarter due to the weakness in buying power especially for low-income

recurring revenue remains constant at around 77.8% (Q3 2018: 78.2%) versus a non-recurring revenue of 22.2% (Q3 2018: 21.8%). We have a growth in non-recurring revenue in HR Solution of 17.72mb due to the

corporate and operational goals, and to launch projects in response to problems and demands in various dimension of the public on a constant basis, with concrete evaluation and reporting, for positive

from the previous year (in 2018: THB 16.60 million), which is line with the greater irradiation. - Service income In 2019, SAAM Group’s service income, representing stable income generation from long

personal care in March, resulting in overall Q1’20 growth at 0.8% YoY. Overall international business grew 4.8% YoY at constant FX. - Q1’20 Functional drinks market maintained double-digit growth momentum of

respectively, stable at 3.7% of total revenue during both years. This was an increase of THB 13.4 Mn or 19.7% and the main factor for the increase was increased marketing expenses Administrative Expenses For the

stable. SG&A The Company selling expense for the year ended 31 December 2019 and 2018 were THB 256.71 and 207.62 million respectively. Selling expense had risen by THB 49.09 million or 23.64% due mainly to

Competitive Environment In 4Q17, the mobile competitive landscape was stable in terms of both handset campaigns and pricing. Postpaid segment continued to be a key focus with handset campaigns to gain new

sale still stable. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No. 0107554000208 Tel. (66) 02-150-5988, (66) 0-3483-9130-1 Fax. (66) 02-150-5987

selling and administrative expenses in proportional to sale still stable. Please be informed accordingly Sincerely yours (Mrs. Prim Chaiyawat) Company’s Secretary