Bt170.3 million or 10.3%(y-o-y), mainly due to 1) the increasing in the direct labor costs 2) the depreciation from the FPT’s multi- products fuel pipeline expansion project to the northern of Thailand

THB 0.40 million or +46.52% YoY due to the increase in marketing activities in line with the expansion of digital content via telecommunication channels service. In 9M2021, selling expenses were THB

Securities and Exchange Commission 3 Appendix Definitions “IT assets” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

Securities and Exchange Commission Appendix Definitions “ IT assets ” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

, especially through efficient cost management and expansion of their customer base and income from financial transactions and services via digital platforms. Close attention should be paid to the overall

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

Jan-Dec 2019 Million Baht % Million Baht % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing services 237.36 45.4% 257.09 41.9% 1.2 Income from software and human resources system 159.63 30.5

Million Baht % Million Baht % 1. HR solutions 1.1 Human Resources and Payroll Outsourcing services 60.16 45.8% 64.97 49.0% 1.2 Income from software and human resources system 45.58 34.6% 43.62 32.9

Jan-Mar 2020 Million Baht % Million Baht % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing services 64.97 49.0% 68.92 38.5% 1.2 Income from software and human resources system 43.62 32.9

which will support the Company’s business expansion. Moreover, having a well- known business partner, as a major shareholder will promote the Company’s image, and attract investor attention considerably