activity , net cash used Baht 13.4 million has essence transaction as follows: - Loss from operating before changing in operating asset and liability of Baht -12.5 million - Trade and other receivables

(decrease) Consolidate financial statement TOTAL ASSET 1,185.22 1,214.62 (29.4 ) (2.42%) TOTAL LIABILITY 701.72 668.88 32.8 4.91% TOTAL SHAREHOLDERS' EQUITY 483.50 545.74 (62.2 ) (11.40%) STATEMENT OF

from the company business. In addition, the Company also had loan from financial institution in the year 2018 amounting to 12.00 THB mn. The non-current liability included lease liability, deferred

due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than

resolution was passed to approve the acquisition of ordinary shares in Kerry Express (Thailand) Company Limited (“Kerry”), a private limited liability company incorporated under the laws of Thailand that

entering the transaction including reporting to the SET as the announcement of the Stock Exchange of Thailand, subject; Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition

for warranty 3.18 0.48% 5.31 0.70% 2.08 0.44% 2.05 0.42% Obligation under finance lease 1.69 0.25% 0.75 0.10% - 0.00% - 0.00% Total Current Liabilities 368.22 55.10% 419.88 55.72% 243.80 52.05% 285.67

2020 (Source: Ministry of tourism and sport) For the second quarter of year 2020, the company suspended all flights since 7 April 2020 according to government orders as well as the announcement from

for the transaction to be in accordance with the connected transaction announcement, the company would like to inform the information of the connected transaction in the contract of land lease with

(%) 11.5% 15.6% Liability to Equity (times) 0.4 0.4 Return on fixed assets5 (%) 87.1% 87.6% Debt to equity (times) 0.0 0.2 Asset turnover (times) 0.6 0.5 (Enclosure 4) 12 5 Earnings before interest and tax