Page 1 from 5 Management Discussion and Analysis Performance for Quarter 2/2020 and the first half WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial

Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

million, a 9 .74% or Baht 37.72 million growing up from the same period of previous year. The hospital revenues grew by 10.04% mainly due to the increase in medical service income from Social Security

the EEC. Three MOUs have already been signed for development of the aviation and logistics industry including MOU for aircraft maintenance center, MOU for air cargo development, and MOU for aviation and

maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3

revenue Cost of sales Cost of goods sold consists of raw material and packaging, salary and wage of production staff, depreciation of property, plant and equipment, transportation and logistics and other

According to WICE Logistics Public Company Limited ( “the Company”)’s Information Memorandum regarding the Proposed Asset Acquisition dated 31 October 2017, the Company shall purchase 80,000 ordinary shares

Mr. Krishna Boonyachai Mr. Krishna, who was responsible for the operation of EuroAsia Total Logistics Public Company Limited (“ETL”) at the time, shall be liable to the penalty under Section 300 in

Mr. Vorapote Uchoepaiboonvong Mr. Vorapote who was responsible for the operation of EuroAsia Total Logistics Public Company Limited (“ETL”) at the time, shall be liable to the penalty under Section

Mrs. Araya Kongsoonthorn Mrs. Araya who was responsible for the operation of EuroAsia Total Logistics Public Company Limited (“ETL”) at the time, shall be liable to the penalty under Section 300 in