Public Company Limited (“the Company”) would like to clarify the operating results of the Company and its subsidiary for the 4th quarter ended December 31, 2019 which has been audited by the independent

Public Company Limited ( “ the Company” ) would like to clarify the operating results of the Company and its subsidiary for the 3rd quarter ended September 30, 2019 which has been audited by the

increasing of 13 mainly due to the increase of Trade and other receivables. Liabilities and Shareholder’s Equity As for the period ending 31 March 2018, the Company had total liabilities equal to 1,540.0

1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654

revenues EMS business The Company had revenue from EMS business for the second quarter of 2019 amounting to Baht 387 million. There was no significant change compared to the same period of the previous year

business The Company had revenue from EMS business for the third quarter of 2019 amounting to Baht 346 million, a decrease of Baht 43 million or a decrease of 11% compared to that of the previous year

%) Other income 80 5% 70 4% 10 14% Total revenues 1,572 100% 1,677 100% (105) (6%) 2 EMS business The Company had revenue from EMS business for the first quarter of 2020 amounting to Baht 338 million, a

result, the trade and other receivables increased. Contract assets decreased by 149.9 million baht or a decrease of 13.3%. This is because in the end of Q3- 2023, the Company issues invoices for work

has also expanded payment options, including payments via True Money, installment payments using only an ID card, and trade- ins of old products for new ones. Additionally, the company held the Advice

period ended June 30, 2017 of Capital Engineering Network Public Company Limited (“Company”) and its subsidiaries as profit 0.13 Million Baht as 103.62 Million Baht increased when compared to the same