acquisition is not considered an entry into the transaction with the Company’s connected person. Thus, it is not regarded as the connected transaction pursuant to Notification of the Capital Market Advisory

summary of the Company’s operating performance in the first quarter of 2018 and 2017 is shown in the following table: 1Q18 4Q17 % Change 1Q17 % Change [Amount in Baht Million] Q-o-Q Y-o-Y [1Q18VS 4Q17

share (totaling THB 74mn). • On 11 February 2019, BOD resolved to approve the cash dividend payment from the operating results for the 2H 2018 of the Company’s performance to shareholders a total not

Sincerely yours (Mrs. Prim Chaiyawat) Company’s Secretary

institution The company’s strategy for 2019 The Company targets to grow 10% in sales from 2018 (929 Million THB) by focusing on both domestic and export markets. The latest announcement in Jan 2019 from The

Hwa Fong Rubber Industrial Company Limited is the major shareholder in The Company, which holds 50.42 % of the company’s total shares. Service providers and service providers have common directors. - Mr

8.07 15 Total 730.98 543.41 187.57 35 In the year 2018, the Company’s cost of sales and administrative expenses are Baht 670.71 million and Baht 60.27 million respectively. - The cost of sales and

important essence as follows: Operating Result Company’s Financial Statement in the Quarter 3/2019 has net profit amount to Baht 10.85 million or Baht 0.62 per share (2018 : at Baht 1.25 per share) compared

lower sales in OEM-Personal care business. Q3’19 the Company’s gross margin improved to 34.6%, +280 bps YoY. This level of gross margin has been sustained since Q4’18 thanks to “Fit Fast Firm” project

of 2018. Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of September 30, 2019 was 1.04 times, down from the end of prior year which was 1.07 times. Still, the