purchasing power of mid-to-low labor segment. Furthermore, the drought season also decreases incomes of agriculture workforces, and as a result, FSMART (or the “Company”)'s total usage amount decreased

employee benefit according to new labor law, consultant fee for new Credit Agreement of the Company and others fee and reorganization during December 2019 resulting in reduced Salary for the current year. 5

measures to maintain profitability; namely controlling operational costs such as marketing expenses, utility expenses, over-time compensation, associate’s commission and outsourced labor cost. The

33.96 62.84 61.80 73.38 27.84 81.98 Labor costs 5.69 10.53 6.41 7.61 0.72 12.65 Depreciation costs 4.91 9.08 5.58 6.63 0.67 13.65 Freight expenses 0.22 0.41 0.60 0.71 0.38 172.73 Others/1 9.26 17.14 9.82

institutions for project development and business operation increases 3,360.56 Million THB or 64% i.e. from 5,250.47 million THB to 8,611.03 million THB. 2. The new Labor Protection Act is enforced on 5th April

กระทรวงพาณิชย์ หรือที่คำนวณโดยหน่วยงานราชการต่างประเทศ เช่น ดัชนีเงินเฟ้อ (CPI) ประเภท consumer price index all urban consumer (CPI-U) ที่รายงานโดย U.S. Department of Labor ประเทศสหรัฐอเมริกา

ภายนอก (external fraud) 3. ความเสี่ยงจากการจ้างงาน และความปลอดภัย ในสถานที่ท างาน (employment practices and workplace safety) 4. ความเสี่ยงจากลูกค้า ผลิตภัณฑ์ และวิธีการ ด าเนินธุรกิจ (clients, products

registered. 9. the Seller and high-level executives of NEXT have entered into employment agreements with NEXT for the period agreed by the parties but not less than 48 months from the completion of the

the patent has been registered. 9. the Seller and high-level executives of NEXT have entered into employment agreements with NEXT for the period agreed by the parties but not less than 48 months from

amounting to THB 91 million, which are consist of accrued payable for labor regulation amendment of the employee’s latest wage rate for an employee who has worked for 20 consecutive years or more, the