224.69 34.74 Gross margin increased by 728 basis point from 34.74% to 42.02%. Gross margin in HR Solution improved by 709 basis point from 37.15% to 44.24% attributing to higher productivity and

information on the financial support to G Steel Public Company Limited (“GSTEL”), the Company’s major shareholder. This financial support was deemed as a connected transaction according to the Notification of

No. 4/2020 of Indorama Ventures Public Company Limited (“IVL” or the “Company”) held on 13th May 2020, has approved the granting of financial support by way of providing guarantee or Standby Letter of

Held Before Acquisition/ Disposition 2 % Group of Held Acquisition/ Disposition 2 % Group of Held After Acquisition/ Disposition 2 Remark 3 File No TURTLE POINT OF VIW ( POV ) MEDIA GROUP COMPANY LIMITED

. Operations of Support Groups 38 5.1 Human Resource Management 38 5.2 IT Management 40 1 1. Overview of Operating Environment 1.1 Global and Thai Economy in the First Quarter of 2020 The global economy saw a

the financial support to G Steel Public Company Limited (“GSTEL”), the Company’s major shareholder. This financial support was deemed as a connected transaction according to the Notification of the

”) Retail Finance 100% General characteristics of transactions: 1. AEONTS provides the support on the business operation including marketing research and support as well as system support to ACS Capital, and

) Paid in Capital 300,000 USD Shareholding Proportion - 50% owned by AEONTS, in the amount of 150,000 - 50% owned by AFS, in the amount of 150,000 Objective To support further expansion of the retail

management and system development to support the work of sales channels in the future by hiring International Commercial Coordination Co., Ltd., who is a connected party to be responsible for sales management

2019 to support the work of sales channels in the future in the amount of Baht 6,000,000 from the original amount of Baht 17,000,000 to the new amount of Baht 23,000,000 by hiring International