% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

resulted in continuous drop in price announced by Department of Internal Trade (CPO-DIT) to 22.4 Baht/Kg in quarter 3/2017 down from quarter 2/2017 which was at 25.8 Baht/Kg and from quarter 3/2016 which was

demand. As a result of crude palm oil price drop, the company realized Stock Loss & NRV of THB 56 million, a decrease of 74%. However, the company has been improving the inventory management to be more

revenues and sale volumes increased in significantly, which can summarized as follow: - Sale volumes (Coil tons) and production volumes in the second quarter of 2018 were significantly higher than last year

2018, Sales revenue of the Company was recorded at THB 1,256.44 million and THB 983.36 million respectively or equivalent to a drop of 21.73% which is considered a consecutive decline from the last

THB 74.997 and THB 66.345 million respectively. Such THB 8.6 million or 13% increase was from rental and staffs’ cost at new branches open. However, the selling expense portion from total income drop 7

which the main customers are in the automotive industry. The decrease in revenues came from subsidiaries in Malaysia, which had a drop in sales from one of its main customer in the HDD industry; and

decrease due to drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

(3.38) (13.32) (0.89) (6.37) EBT 5.92 (13.59) 24.24 3.60 Net Profit (Loss) 5.54 (14.61) 21.54 0.32 Total Revenues: EASON recorded a 10% drop in revenues for the second quarter of 2020 compare to the same

drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer