ทดสอบกระดาษหัวจดหมาย IRC 5 -Translation- November 22, 2019 Subject: Management Discussion and Analysis Fiscal Year 2019 To: Managing Director The Stock Exchange of Thailand Inoue Rubber (Thailand

of 1,020.5 million baht and 2,054.4 million baht respectively, an increase of 1,033.9 million baht, or 101.31% compared on the same period from last year. Details below, 1. Total Income from Sales of

3344 Fax. 66 2 654 3323 No. PACE IR2018/010 Date: 28 February 2018 Subject: Explanation of the Operating Results for the year ended 31 December 2017 changing over 20% To: The President The Stock Exchange

had refinancing expense of SOE long term loan amounting to Baht 140 Million but no such transaction in this year. Financial Position (Unit: Million Baht) Description 30 Jun 19 31 Dec 18 Changes Amount

No. CAZ 1/2019 21st January 2019 Subject: Management Discussion and Analysis year ended 2017 ending 31 December 2017 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public

/2017 was at 1.71 million metric tons, decreasing 29.07% compared to the same period of previous year consisting of the long finished steel production of 1.09 million metric tons, decreasing 39.47% and

amount of Baht 52.61 million, comparing with the same period of previous year, the net loss at the amount of Baht 65.41 million. In the second quarter of 2020, the net loss was decreased by Baht 12.80

2.11 million baht when compare to the same period of last year. This mainly came from the fact that the Company made repayments to both short-term loan in quarter 4 of 2018 and long-term loan in January

3344 Fax. 66 2 654 3323 No. PACE IR2018/018 Date: 14 November 2018 Subject: Explanation of the Operating Results for the third quarter of the year 2018 ended 30 September 2018 changing over 20% To: The

amount of 3,876.3 million baht from other non-current financial assets compared with other long-term investments at the end of year 2019, was resulted from the mark to market of long-term investments in