page1 from 5 9 May 2019 Subject : Management Discussion and Analysis For the first quarter of 2019 ended March 31, 2019 To : The President The Stock Exchange of Thailand WICE Logistics Public Company

Asset Acquisition WICE Logistics Public Company Limited (WICE) would like to announce the resolution of the Board of Directors' Meeting No. 2 2020 on February 27, 2020. The Board of Directors has approved

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

capability and the domestic supply chain, the focus on technological and innovation development, and upgrading labor skills to support the new targeted industries. V3 27/02/63 4 3. Digital disruption - Digital

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

Manufacturing Co., Ltd. ("ACM"), the aluminum can production facilities as a part of supply chain management plan, which had reached 100% utilization rate since 4Q/2019 after its first commercial run in November

expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by

and canning plants which enabled the economies of scales. In additions, Asia Can Manufacturing Co., Ltd. ("ACM"), the aluminum can production facilities as a part of supply chain management plan, which

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