. Kazumasa Oshima was connected person who had conflict of interest on this transaction. He had no right to vote for the connected transaction and did not attend the meeting during approval of this transaction

interest expenses of long-term loan. Ocean Glass Public Company Limited Page 3/3 Management Discussion and Analysis Statements of Financial Position as at March 31, 2020 March 31, 2020 (Million Baht

2 0 1 9 and 2020 of 2019 were 0 . 2 % and 1.2% respectively. The main reasons were interest expenses from financial instituion which occur from intercompany transactions. Tax Expense For the 1st

186.0 million, increased of cash paid for lease liabilities by Baht 15.2 million, increased of cash paid for interest expenses by Baht 6.6 million. Please be acknowledged for your information. Sincerely

financial institution as guarantee declined of 95.42 Million Baht due to Rayong Wire Industries Public Company Limited has withdrawn in order to purchase raw materials in order to decreased interest

summarized as follows: Consolidated FS Quarter 1/2019 Quarter 1/2020 Change MB. % MB. % MB. % Revenue from contracts with customers 1,943.6 70.9% 1,714.0 64.3% -229.6 -11.8% Interest income from loans from the

in 2019, the Company using the cash received from the Initial Public Offering (IPO) buy land for the construction a warehouse with an area of approximately 9 rai, resulting in a decreased in interest

that the entry into this transaction did not have any conflict of interest with Thai Solar Energy Public Company Limited (TSE) of which the Company held certain number of shares in TSE due to the

lease liabilities by Baht 34.8 million, increased of cash paid for interest expenses by Baht 6.8 million and decreased of dividend paid by Baht 156.7 million. Please be acknowledged for your information

segment 17,189 41.5% 19,153 36.4% (1,964) (10.3%) Revenue from rental services 880 2.1% 1,746 3.3% (865) (49.6%) Revenue from rendering of services 197 0.5% 382 0.7% (186) (48.6%) Interest income and