., 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

, which was, the government issued the Labor Protection Act (No. 7 ) B.E. 2019, prescribing the rate of severance pay that increased from 300 days to 400 days Such change resulted in an increase of the

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

respectively, an increase of THB 43.5 Mn or 3.1%. This was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees, (3) increased sales of retail merchandise and (4

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

of the assets underlying a structured finance product change materially. Where feasible and appropriate for the size and scope of its credit rating business, this function should be independent of the

Trust for Transactions in Capital Market Act; (3) the offer for sale of the newly issued debt securities may cause damage or unfairness to investors, or the investors may not have received material

margin was declined from the higher raw material price. The Denatured Ethanol Business saw performance improved from last year following the amalgamation, however gross profit was affected by the declining

found the material adverse effect to the business transfer transaction and as of the business transfer date and there is no any event, circumstance or change that has or reasonably likely to have a

Ocean Commerce Public Company Limited (the “Company”) would like to inform that the Board of Directors’ Meeting No. 3/2018 held on June 12, 2018 at 14.00 p.m. has resolved the following material matters