1 - TRANSLATION - KT/PB (Q-Con) 007/2020 May 15, 2020. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the first quarter ended 31 March 2020

operate by itself. Before that the subsidiary rent out to third party. The company sold Land and Property Factory in Bangpoo Industrial Estate since January 18, 2018. 1.6) Other revenue increase THB 165.40

Ref. MD 115/2017 August 25, 2017 Re: Clarification on the Financial Performance of the Company and its subsidiaries as of Year 2015 Attn: President The Stock Exchange of Thailand We, K. C. Property

connected persons Investing in ordinary shares of Pek Industries Co., Ltd. To : Managing Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company

connected persons Investing in ordinary shares of Pek Industries Co., Ltd. (Additional) To : Managing Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public

August 14, 2019 Subject: Managing Discussion and Analysis for Q2/2019 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

May 15, 2020 Subject: Managing Discussion and Analysis for Q1/2020 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

November 13, 2019 Subject: Managing Discussion and Analysis for Q3/2019 To: Managing Director The Stock Exchange of Thailand The company would like to report to operation results for the company and

as income from property rental dropped 12% or 4.1 mil. baht to 30.7 mil. baht due to the decline in occupancy rate. Income from Chemical Distribution business increased marginally from 226.3 mil. baht

to the increase in interest income and gain on exchange rate. Income from property rental fell 11% from 30.7 million baht to 27.5 million baht. Dividend income decreased 3.8 million baht from the