page1 from 4 13 May 2020 Subject : Management Discussion and Analysis Quarter 1 Ending 31 Mar 2020 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited would like

Dollar during the year of 2019. As a result, the Company has increased distribution channels to export content and there were account receivables in the ending balance, resulting in loss on exchange rate

volumes at 187,650 tons and 190,097 tons in accordingly) - Gain on exchange rate was achieved of THB 50 million in Q2-2017, which higher than the last year quarter of THB 34 million due to the strengthen in

million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity conversion scheme. - Gain on exchange rate

conversion scheme. - Gain on exchange rate was achieved of THB 311 million in year 2017, which higher than last year of THB 257 million due to the strengthen in THB as compared to US dollar. In Q1/18, the

and gain form exchange rate which those non-cash revenues were high at Baht 1,045 million while this year the company has such non-cash gain only Baht 224 million. From the above reason, the Company has

portion of trade debts into equity and gain form exchange rate which those non-cash revenues were high at Baht 1,045 million while this year the company has such non-cash gain only Baht 225 million. From

Meeting No. 1/2019 To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Asset Acquisition (Addendum 1) regarding acquisition of shares of S-TREK (Thailand) Co., Ltd. in the

February 17, 2020 To: The President The Stock Exchange of Thailand Re: 2019 operating results We, Delta Electronics (Thailand) Public Company Ltd, would like to report the Company’s 2019 operating

becomes bankrupt. However, the case has currently been considered by the Central Bankruptcy Court and the progress will be announced and informed through the Stock Exchange of Thailand on due course. In