EXPANSION OF PAYMENT SERVICES  VGI PUBLIC COMPANY LIMITED Rabbit card  Rabbit LinePay  3) LOGISTICS – ENHANCING KERRY’S DELIVERY SERVICES ACROSS BTS STATIONS 1Q 2019/20 SNAPSHOT & ANALYSIS CONSOLIDATED P&L

CLEAR FUNCTION OF DOMESTIC MEDIA ASSETS MANAGEMENT    2) PAYMENT – CONTINUE TO EXPERIENCE STRONG USER GROWTH Rabbit card  Rabbit LinePay  3) LOGISTICS – EXTRACTING SYNERGIES WITH KERRY TO DELIVER

license (Digital TV : NOW 26) in the general SD (standard definition) offering popular variety shows and international television series, sports etc. (2) Krungthep Turakij Media Co. Ltd. (KTM) (being a

หน้า 1 จาก 4 February 27, 2020 Subject Management Discussion and Analysis for the year 2019 ending December 31,2019 To : The President The Stock Exchange of Thailand WICE Logistics Public Company

(ECF-P) as the Company’s subsidiary holds 20 percent of total shares of GEP. At present, the project has operated commercially for the 1st phase with installed capacity 50MW since 27 September 2019. Now

area could be developed and improved into the center of transportation and logistics, cultural tourism and important processing industry of the country. As a result, the Company has an idea of developing

1 บริษัท เอน็ซีแอล อนิเตอรเ์นช่ันแนล โลจสิตกิส ์จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No. NCL-M 21/62 November 12, 2019 Subject: The clarification and analysis of the

earned primarily from promotional, advertising income and logistics and distribution income, income earned from one-off events, etc. (2) Percentage margin is calculated by dividing Gross profit from sales

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