plan. Plus, there were also sales compensation for branded product as well as selling expenses recognition from LQSF which recorded selling expenses to sales of 26.7%. 2018 Selling Expenses The Company

disputes affecting margins. This is expected to normalize as end demand continue to grow. We will be sharing the plan and specific actions of this business transformation in the upcoming Capital Markets day

the Debt Settlement Agreement.  Liabilities from terminated rehabilitation plan and compromise decreased by Baht 171 million. Resulted from entered into compromise agreement with some creditors. The

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

expanding construction business group supporting the EEC project. In terms of economic stability, employment rate decreased following to the economic situation while the cost of production reduced, especially

growth in business operations. In addition, such increase in total asset also resulted from our investments in expanding production capacities at Bangpakong, Chacheungsao province. Total liabilities were

expanding production capacities at Bangpakong, Chacheungsao province. - Translation - Page 6 of 6 Total liabilities were THB 4,436 million, up by THB 1,757 million or 65.6% from THB 2,679 million as of 31

operating cost by adding value to their products and expanding selling channels instead. With anticipate the Thai economy to grow by 3.8 percent in 2017, revised upward from the previous forecast and higher

also resulted from our investments in expanding production capacities at Bangpakong, Chacheungsao province. Total liabilities were THB 5,628 million, up by THB 2,949 million or 110.1% from THB 2,679

exports which rose by 5.3% YoY as well as continued recovery in private consumption which expanding by 3.1% YoY. Nevertheless, Thailand's advertising industry reported a decline of 6.0% YoY to THB 101,445mn