and draft prospectus Amount percent 3. Repayment of loans to financial institutions 50 50 50 - 2018 4. Working capital for business operations 637.24 637.24 368.34 - 2018-2020 Newly – approved of

financial institutions 50 50 50 - 2018 4. Working capital for business operations 637.24 637.24 368.34 - 2018-2020 Newly – approved of purpose of use of proceeds 5. Expansion of production capacity for

when the Board of Directors Meeting was and will be proposed to the Shareholders Meeting for the approval further. The Company would like to clarify the operating results of the Company and its

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 080/63 August 7, 2020 Subject: Clarification of the Operating Result for the significant change Attention: The

working capital in the operation business. The Company has loan principle of Baht 94 million, interest payable of Baht 4.09 million (calculated until September 30, 2017), totaling of Baht 98.09 million

working capital in business operation, sourcing raw materials, and increase Company’s production capacity. The interest rate of this loan can be divided into 3 categories as follow; 1. Funded portion at 12

fund as working capital in business operation, sourcing raw materials, and increase Company’s production capacity. The interest rate of this loan can be divided into 3 categories as follow; 1. Funded

appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as working capital within the Company. This transaction

. Working capital in production - Improvement of machine and equipment production line and also used as working capital for the production of plastic bags including operating expenses 96.36 - Year 2017 - 2019