. Cost & Expense In 2Q23, the cost of service was at Bt22,334mn, increasing 3.3% YoY due to higher network OPEX costs from utility price (FT rate) and expenses from NT’s partnership. It increased minimally

resumed spending in ICT solutions. Cost & Expense In 3Q23, the cost of service was Bt21,789mn, relatively flat -0.3% YoY due to lower depreciation cost offset by the increased network cost. It decreased

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 04/19 February 27, 2019 Subject: The clarification and analysis of the

Taksin 12/1, Taksin Road, Bukkalo, Thonburi, Bangkok 10600 Tel: (662) 473-7330-40 Tax: (662) 473-7329 บริษัท เอน็ซีแอล อินเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY

หนา้ 1 จาก 5 November 13, 2018 Subject : Management Discussion and Analysis Quarter 3 Ending 30 September 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security based on total 9 kilns in operation, continuous improvement of quality, services in logistics and

the new iPhone13 in the previous quarter. However, the sales margin grew from +0.9% in 4Q21 to +1.4% in 1Q22 due to an increased sales mix of higher-margin handsets. Cost & Expense In 1Q22, the cost of

increasing demand for Cloud services and ICT solutions in line with the digitization trend. However, it declined by -9.0% QoQ as a result of large projects closed in 4Q22. Cost & Expense In 1Q23, the cost of

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 12/18 May 10, 2018 Subject: The clarification and analysis of the management

that towards the end of the year and into 2021 demand should increase. In other segments, disruption in cross border logistics is the key concern and once mitigation efforts are in place we should return