group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Page 2 of 3 Major Factors which could have an Impact on the Company's

2. The parties involved: Name Relationship with the company Lessee : Vanachai Group Plc. - Lessor : Firstwood Co., Ltd. some shareholders and directors of VNG are also the Firstwood of shareholders

: Woodtek International Co., Ltd. a subsidiary company Lessor : Firstwood Co., Ltd. some shareholders and directors of VNG are also the Firstwood of shareholders and directors. 3. The general characteristics

Liabilities 2,643.05 50.16% 2,440.58 48.20% (202.47) -7.66% Total Shareholders’ Equity 2,626.60 49.84% 2,622.69 51.80% (3.91) (0.15%) Page 4 The Company’s total assets as of 30 June 2019 decreased by THB 206.39

. (043) 333-555 Fax. (043) 236-835 Ratchaphruek Hospital As of December 31, 2018 and September 30, 2019, the shareholders’ equity was valued at Baht 1,277.90 million and Baht 1,298.19 million, respectively

liabilities were short-term loans from financial institutions, bank overdrafts, and trade accounts payable. Shareholders’ Equity: As of 30 September 2019, the portion of shareholders’ equity amounted to Baht

September 2021) under the budget approved by the general meeting of shareholders 07/10/2021 08:01 Progress on the Purchase of Newly Issued Shares and the change of the name of High Shopping Company Limited 21

business2; (2) financial institution established under specific law; (3) securities company; (4) private or public limited company established under Thai law having one or more shareholders, which are

first quarter of 2017.  The increased debt resulted in a decrease of the shareholders’ equity of THB 10,349 million to become minus THB 15,651 million.  In addition, in July 2017 the Board of

remain accountable to their shareholders and investors. These practices not only affect listed companies’ strategic management, but also enable companies to better address their strengths, weaknesses