(Translation) Re: BOD.SET 003/2020 February 25, 2020 Subject: Clarification on the Change in operating results for the twelve month ended 31 December 2019 over 20% compared with the same period of

mpany’s net Company’s 7 showed a 016 at 31.5 subsidiary ails on the Change MB 870.3 13 584.6 77 136.3 35 1,591.2 21 874.0 16 172.3 63 101.7 31 443.2 31 % 3.8% 7.9% 5.3% 1.3% 6.0% 3.7% 1.4% 1.9% Sale Sell

expenses control. Other Transaction In year 2017 there were Baht 6.2 million from loss on change in fair value less costs to sell of biological assets, Baht 26.3 million and Baht 16.2 million from new office

Bearing Debt to Equity Ratio was 2.31 times increase from 2016 which was 2.00 times. Forward Looking The Company believed that Fintech Business and Technology Disrupt will soon change a landscape of

. The Company through Environment Pulp and Paper Co., Ltd. (the Company’s wholly-owned subsidiary) holds 85 percent; 2. EAMC holds 15 percent. Project Value THB 1,300,000,000 divided into: 1. Equity in

(Translation) Re: BOD.SET 008/2019 May 13, 2019 Subject: Clarification on the Change in operating results for the three month ended March 31, 2019 over 20% compared with the same period of the

(Translation) Re: BOD.SET 011/2019 August 8, 2019 Subject: Clarification on the Change in operating results for the six month ended June 30, 2019 over 20% compared with the same period of the

situations. The Company's profitability in the third quarter of 2018 decreased from the same period of previous year, the return on total assets (ROA) decreased from 1.58% to 1.46% and the return on equity

(Translation) Re: BOD.SET 013/2019 November 12, 2019 Subject: Clarification on the Change in operating results for the nine month ended September 30, 2019 over 20% compared with the same period of

) Q1/FY2020 Q1/FY2019 change %YoY Total Revenues 1,245.17 1,439.49 (194.32) -13.50% Cost of Sales and Services 1,074.00 1,251.00 (177.00) -14.15% Selling and Administrative Expenses 99.63 103.61 (3.98