Group mainly came from revenue from transmission and telecommunication tower accounted for 97.25% of total revenues. 2020 2019 MB % 419.58 644.63 (225.05) -34.91% Other Revenues 54.19 18.21 35.97 197.49

1 - Translation – Ref: JKNGB-002-05/2018 May 11, 2018 Subject Management’s Discussion and Analysis for the quarter ended March 31, 2018 To The President The Stock Exchange of Thailand Management’s

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percent. To : President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (the "Company") would like to clarify the description and analysis of the

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2020 Subject Management Discussion and Analysis for the second quarter ended 30 June 2020 Attention President The Stock Exchange of Thailand According to the resolution of the Board of Directors of JMT