change to the market condition and conduct a full validation of such model at least once a year. Clause 6 The derivatives clearing house shall apply effective measures and methods for monitoring and

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 021/2563 February 27, 2020 Subject: Clarification of the Operating Result for the significant change Attention

Business categories Operat ed by For the three-month period ended 30 June % Change Increase (Decrease) For the six-month period ended 30 June % Change Increase (Decrease) 2017 2016 2017 2016 THB mm % THB mm

2019 which was mainly due to (1) change in sales mix with more contribution from brands with higher food cost (2) negative same-store sales growth and (3) increased cost of branch staff, rental and

Unit : million baht Service income Q3/ 2020 % Q3/ 2019 % Change 9M/ 2020 % 9M/ 2019 Change Sea freight 162.62 18% 168.23 28% -3.33% 435.87 16% 502.43 30% Air freight 436.33 47% 214.80 35% 103.13

market therefore, their sales has no affect to a significant change to the total sales in this quarter. As for the nine month-period ended September 30, 2019 the Company and its subsidiary still has a

fee and 3) impact from political unrest in Hong Kong created change in plans for some Chinese tourists to visit Thailand instead. For the last quarter of 2019, the Thai economy is expected to continue

3) impact from political unrest in Hong Kong created change in plans for some Chinese tourists to visit Thailand instead. For the last quarter of 2019, the Thai economy is expected to continue to

accelerating collaboration with its sources of coconut water in order to develop more qualified coconut water through the new quality check, which should be completed by the end of 2016. We expect that the

291.75 mn with the purpose to acquire the land sublet right in order to support the business expansion in Si Racha district, Chonburi. After the transaction, shareholding proportion in Dara Harbour Co