Development Company Limited. 5. Expected Benefit 1. Supporting the company’s policy to diversify in to Property Business 2. To enable continuous growth in the Company’s assets, profits, and cash flows. 6

, and dividend payment during the year. - The decrease in inventory amounted Baht 120.82 million or 12.17% due to the increment of sales volume during the year and inventory management policy. - The

of 2018 to approximately 12.0% in the second quarter of 2019 as a result of the change in the company’s pricing and inventory management policy for steel products in the second quarter of 2019. 3

accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy

from furniture as the core business decreased 7.59 from the previous year. That caused from the management policy of some distribution channels in domestic to enhance the efficiency of expenses. Such

economic slower expansion indicated risk of soften retail trade sector. (Source: BOT Press Release No.56/2019 on Monetary Policy Report and Monetary Policy Committee’s Decision 7/2019) 2 Performance Analysis

และ fund of funds และนโยบายในการป้องกันผู้ลงทุนซื้อขายหน่วยลงทุนถี่เกินไป (Excessive Trading Policy)   28/03/2554 11. หนังสือเวียน ที่ กลต.น.(ว) 48/2550 การดำเนินการในระหว่างที่ตลาดหลักทรัพย์แห่ง

immediately; 6. The SEC Office’s privacy policy requires that the Applicant’s information be kept confidential. The SEC Office may consider disclosing such information in compliance with the authority and

Protection Act B.E. 2562 (2019). The Applicant has studied, acknowledged and understood the Personal Data Protection Policy for internal administration (as disclosed on the SEC Office’s website) as well as the

Personal Data Protection Policy for internal administration (as disclosed on the SEC Office’s website) as well as the SEC Office’s methods for collecting, using and disclosing personal data. (To view the