Acknowledg Committee a 1.1 Ms.Pi 1.2 Mr.Su Effective fro Approved t replace the 2.1 Ms. Comm 2.2 Mr. S tion on the Directors, a nd Manager Exchange o orm for Re Audit Comm nformation M amended No ectors’ meet

management have handled the situation prudently and carefully. We have been focusing mainly on the financial health of the company including managing fixed and variable cost as well as liquidity management

TFRS 15, whereas the foreign exchange and deferred tax asset effect decreased. As a result, NNP increased even when there is the rise in finance cost from interest payment and short-term loan financing

Quarter of 2020 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our management discussion and analysis for the 1st

-1- AIT (VP-SEC) 005E/2022 21 February 2022 Subject: Management's Discussion and Analysis of Operating Results for the year 2020 and Q4-2020 To: The President of the Stock Exchange of Thailand

-1- AIT (VP-SEC) 005E/2022 21 February 2022 Subject: Management's Discussion and Analysis of Operating Results for the year 2021 and Q4-2021 To: The President of the Stock Exchange of Thailand

. 1/2018 (Amendment No.2) To The President The Stock Exchange of Thailand Attachment 1. Information Memorandum regarding the Offering and Allocation of the Newly Issued Shares of Ocean Commerce Public

received the Top Innovative Organization Award 2018, which was arranged by National Innovation Agency (Public Organization), The Stock Exchange of Thailand (SET), Market for Alternative Investment (MAI) and

estimation of cost causing loss in such project due to various factors i.e. change of materials suppliers causing higher cost, extension of contract causing higher fixed cost as well as its underestimate cost

) -26.5% -139.2% EBIT 37 (236) (217) -8.1% -679.6% Interest expenses 5 40 40 -1.6% 660.1% Tax (1) (13) (2) -82.2% 364.8% Net profit (loss)* 41 (179) (161) -10.1% -497.1% Gross profit margin 35.5% 11.4% 8.0