“Company”) would like to notify the Stock Exchange of Thailand regarding the business operation for the 2nd Quarter of the year 2019 ended 30 June 2019 as follows; Total Revenue The Company has the total

Attention: President The Stock Exchange of Thailand CH. Karnchang Public Company Limited (“the Company”) and its subsidiaries would like to clarify the consolidated operating result and financial position for

Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company Limited (the “Company”) No. 1/2020 held on 26 February 2020 has resolved approval of

as the normal business transactions. Also, the price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of

of the Company For the Year ended December 31, 2018 2017 (Restated) Changes % Revenues : Revenues from sales and services 987.27 930.88 56.39 6.06 Gain on purchase price lower than fair value 130.98

connected persons(Additional) To : Managing Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company Limited (the “Company”) No. 1/2019 held on 27

: Million Baht Operating results of the Company For the Year ended December 31, 2018 2017 (Restated) Changes % Revenues : Revenues from sales and services 987.27 930.88 56.39 6.06 Gain on purchase price lower

-9320 1 Ref: PCL 2019/008 May 8, 2019 Subject: Management Discussion and Analysis Quarterly Ended 31 March 2019 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

Meeting No. 3/2019, held on August 5th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. That approved to buy Molds, Machinery and equipment. With Hwa Fong Rubber (China) Co., Ltd. "HFC". When

mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be