-Translation- 25 February 2019 Subject : The establishment of Vanachai Logistics Company Limited To : President The Stock Exchange of Thailand According to the meeting of board committee of Vanachai

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No. NCL-M 21/61 November 8, 2018 Subject: The clarification and analysis of the

business in automobile assembly, public transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 300 million

Offeror : Thai Beverage Logistics Company Limited | Date of submission of the Statement of Intention : 14/09/2011

Offeror : Thai Beverage Logistics Company Limited | Date of submission of the Statement of Intention : 21/09/2011

Offeror : Thai Beverage Logistics Company Limited | Date of submission of the Statement of Intention : 28/09/2011

land transportation services In addition, the major customers changed the use of services from the sea freight service to the land transportation service. Revenue from logistics management services has

Logistics Management 82.51 69.45 13.06 18.80 Total Service Revenue 385.75 329.23 56.52 17.17 1. Revenue from shipping management. For three months As of March 31, 2018 and March 31, 2017, the Company and its

section Compared to the previous Page 3 of 4 year, an increase of 125 .90 million baht or 100% is due to the recognition of Euroasia Total Logistics Co., Ltd., which has cross-border land transportation

S Holding Co., Ltd. (“All S”), which aim to invest in automobile assembly business, public transportation services, supported technology and related application to public transportation business. In