3344 Fax. 66 2 654 3323 No. PACE IR2019/010 Date: 14 November 2019 Subject: Explanation of the Operating Results for the three-month period ended 30 September 2019 changing over 20% To: The President The

Company has set strategic directions to further develops complete Omni-channel services that deliver new and superior retail shopping experiences that fit changing lifestyles of consumers in the era of NOW

our staff and customers remains our top priority. The Company constantly evaluate the situation and take proactive action to manage up-to-date under condition that are changing rapidly by aware of the

and quickly. And work together with the entire WICE branch network to deal with various logistics issues for customers. Keep up with changing situations Customer transportation must be handled. The

- launched coffee stands has greatly benefited from the changing behavior and the sales of take-away coffee beverage went far-exceeded our expectation. Currently, the company is in the process of developing

oil cannot be stored separately. As a result, the production cost fluctuates according to the raw material price during the changing period.  For 1st quarter of 2022, Refined Glycerine’s ratio of cost

shareholder attending the meeting, and has voting rights, excluded the vote of shareholders who has conflict of interest. Furthermore, there is a resolution passed to confer the power regarding (1) the

consumption remains reliant on the purchasing power of certain groups such as high income earners , the majority of consumers are still hindered by high household deb while agricultural household incomes still

debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The

value of Commodity Polymer business unit as a result of shrinking in purchasing power. Financial Operating Results In Q2/2017, total cost of sales and operating expenses were Baht 934.0 million, decreased