(Translation) NEP-AC 003/2563 13 Aug 2020 Subject: Management Discussion and Analysis for Q2 end of 30 June 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Quarter 3 Year 2020 Ended September 30, 2020 Note: This Management Discussion and Analysis (MD&A

golf course and property management were in the same level. Even though, revenues were not significant but growth rates were satisfactory. (2) In this quarter, the Company recorded total costs and

equity holders of the Company (59.7) (280.9) 221.2 78.67% Revenue and Profit Sales revenue year 2019 amounts to Baht 1,171.8 Million, Increased by 9.2 Million Baht or 0.8% compared to the previous year and

 are well known and have good reputation in the IC, and electronics industry.    Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful.  Accounts

 reputation in the IC, and electronics industry.    Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful.  Accounts receivable days were 59 days in Q317

27 February 2018 At: ACC/HO 011/61 Re: Management Discussion and Analysis for the year ended 31 December 2017 To: President The Stock Exchange of Thailand In the first half of 2017 the Thai economy

Company Limited ( the “ Company” ) would like to submit the Management’ s Discussion and Analysis ( MD&A) of the Consolidated Financial Results for the first quarter of 2019 ending March 31, 2019, as

management believe may be doubtful. Accounts receivable days were 66 days in Q119 and 65 days in Q118. Trade Receivables 31-Mar-19 31-Mar-18 THB '000 Less than 3 months 3,638,692 3,601,360 3 - 6 months 19,982