-Translation- 25 February 2019 Subject : The establishment of Vanachai Logistics Company Limited To : President The Stock Exchange of Thailand According to the meeting of board committee of Vanachai

outsourced warehouse and logistics. The gross profit grew from THB 602.8 Mn in 2017 to THB 703.6 Mn in 2018, an increase of THB 100.8 Mn or 16.7%. The gross profit margin decreased slightly from 24.3% in 2017

logistics. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 The gross profit (after deduct costs of sales and service) decreased from THB

Napoleon Logistics Co., Ltd. During 2017, Napoleon Logistics Co., Ltd., a trading partner of Energy Earth Public Company Limited (“EARTH”), assisted or facilitated EARTH’s seven ex-directors and ex

choice when it comes to advertising today. The expansion of OOH and online media is mainly driven by lifestyle changes, whereby urban population nowadays tend to spend more time outside their homes; the

growth in all major segments together with gross margin expansion. - Q1’20 Revenue from sales grew by 5.0% YoY, amounting to THB 6.7 billion, driven by the growth in all major segments particulary

plans to open approximately 8 additional branches, which 7 branches are in Bangkok and 1 branch is in other provinces, consisting of 3 new dessert cafés and 5 new After You Marketplaces. The expansion is

from increase in the number of staff to serve the business expansion. 3. The finance costs in the second quarter of 2017 was THB 418.9 mm, which decreased by THB 198.0 mm or 32.1% from the same period of

Page 1 of 5 26 February 2019 Subject Management Discussion and Analysis for the year ended December 31, 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

contribute to 80% of RTD coffee sales. The capacity expansion projects to support the growth in accordance with business plan for over the next 2-3 years, yet not being fully utilized nor gaining benefit from