channel to communicate with the customers promptly as well as to increase pleasant level and top impression for keep maintain the existing customer base together with the increase of new customers. ▪ Risks

results of the low base in the previous year, the launch of new car models, new car purchase from the end of the first car scheme, overall growth in the economy and the marketing promotions of car

still from the results of the low base in the previous year, the launch of new car models, new car purchase from the end of the first car scheme, overall growth in the economy and the marketing promotions

range target of 1-3% to be in line with the changes in financial conditions and structurally lower inflation stemming from 1) aging society 2) growth of e-Commerce and 3) technological advancement

lower than 50 percent in accordance with the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal

transaction having a value of more than 15 percent but lower than 50 percent in accordance with the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551, Re: Rules on Entering into Material

equal to 15 percent or more but lower than 50 percent, in accordance with the Notification on Acquisition or Disposal of Assets. Therefore, the Company is required to disclose the information memorandum

oil (CPKO) prices were lower than that of 3Q/2018. Under these circumstances the government has continuously maintained the biodiesel mandated at B7. Also, the government has promoted B20 and B10 as

lower occupancy rate as a result of COVID-19 pandemic and economy slowdown impacted to overall Tourism and Hotel Business. Loss sharing from Investments In 1Q20, the Company had loss sharing from

applying Net Operating Profit after tax deduction criteria and is considered a class 2 transaction under the Announcement of the Acquisition or Disposal, being 15 percent or higher but lower than 50 percent