1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of...

activities has been arranged with sales plan improvement and promotion efficiency spending. 3. Selling and administrative expenses Selling and administrative expenses for Y2019 was Baht 465.90 million which

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

increase sale. Aside from this, MK also focused on improving the work efficiency of its employees which, in turn, provided good services to customers. As a result, MK incurred expenses on training, retain

16,553.01 million baht and 1,419.84 million baht respectively, increasing 4.10% and 13.73% from the previous year. Furthermore, the company has continued to focus on both operational efficiency improvement

at the same rate as the financing cost of the Lender. Therefore, it is reasonable to increase the efficiency of capital management and reduce financial costs; including the risk of non-payment

Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and

industrial sector, the infrastructure sector, and the transportation sector due to the spread of COVID-19. As such the International Energy Agency anticipates that demand for oil in Q1/2020 may decline for the

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to

investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future.  Q3/2017 net profit rebounded remarkably by 27% QoQ