above is the main factor of the losses recorded. 58.7% drop in Total Industry Production (“TIP”) in Thailand for the period of May – July 2020 as compared with the same period in 2019 causing the Thailand

75.19 million baht, decreased by 37.82 million baht or 33.47% of the same period of sales in 2019. Most of the Company’s products had a drop of sales in this quarter, especially ‘Disc plough’ that

the previous year. Because the distant for transportation to customer increased 258,575 kilometers, or 24.78% compared to the previous year, transportation expense increased 4.89 Million Baht, or 27.18

expense for the Group increased amounting to 1.65 Million Baht, accounting for 31.85 % from the previous year. Because the distant for transportation to customer increased 154,505 kilometers, or 58.94

2018, Sales revenue of the Company was recorded at THB 1,256.44 million and THB 983.36 million respectively or equivalent to a drop of 21.73% which is considered a consecutive decline from the last

THB 74.997 and THB 66.345 million respectively. Such THB 8.6 million or 13% increase was from rental and staffs’ cost at new branches open. However, the selling expense portion from total income drop 7

which the main customers are in the automotive industry. The decrease in revenues came from subsidiaries in Malaysia, which had a drop in sales from one of its main customer in the HDD industry; and

decrease due to drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

(3.38) (13.32) (0.89) (6.37) EBT 5.92 (13.59) 24.24 3.60 Net Profit (Loss) 5.54 (14.61) 21.54 0.32 Total Revenues: EASON recorded a 10% drop in revenues for the second quarter of 2020 compare to the same

drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer