prices were mixed up-down trend between THB 2.00 – THB 4.00 / KG, so the Company realized net gross profit and net loss for THB 3.07 million. During the months of March – April 2018, the Department of

., the subsidiary of the Company, and change in the accounting policy regarding the record of the land appraisal To: President The Stock Exchange of Thailand Attachment: Information Memorandum on the Asset

) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

depreciation and amortization expenses Financial Performance Project UpdatesExecutive Summary Change QoQ YoY +/(-) Operating revenue 5,553 5,366 5,459 2% (2%) 11,037 10,825 (2%) Gross profit 1,251 1,098 1,256 14

ต้นทุนค่าเสื่อมราคาและค่าตัดจ าหน่าย Operating highlight in Q2/2018 Q2/17 Q1/18 Q2/18 Change +/(-) 1H/17 1H/18 Change +/(-) (THB million) QoQ YoY YoY Operating revenue 5,459 5,716 6,563 15% 20% 10,825

increase in Ft rate. Q3/2018 Financial and Operating Highlights * ไม่รวมต้นทุนค่าเสื่อมราคาและค่าตัดจ าหน่าย Operating highlight in Q3/2018 Q3/17 Q2/18 Q3/18 Change +/(-) 9M/17 9M/18 Change +/(-) (THB

increased since May 2017 with the upward trend expected until the end of 2017. Well-managed finance cost CPN was able to lower cost of debt to 2.65% p.a. from 3.24% p.a. in 2Q16, mainly from the use of

of HRC price: the average selling price of HRC in year 2018 was THB 20,663/ton, increased by 11% as compared with last year (THB 18,690/ton) according to HRC market price worldwide trend. - HRC cash

trend. - HRC cash margin (excluding depreciation) in year 2018 was achieved at THB 886/ton, lower by 58% from last year due to the increase in the cash conversion cost which has increased by 18% from the