. To: President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (the "Company") would like to clarify the description and analysis of the

May 14, 2020 Re: Clarification of the operating results of company and its subsidiaries for the three months period end March 31, 2020 To: President The Stock Exchange of Thailand K.C. Property

1 Translation CEN 012-2020 May 15, 2020 Subject : Management discussion and analysis for business operation Quarter 1-2020 To : The Manager and President The Stock Exchange of Thailand Summarization

same period last year with sales in the first quarter of 2020 decreasing. Due to the decrease in sales of mobile distribution business In part due to the closing of branches of mobile phone shop and

same period previous year is decrease of Baht 30.90 million or 66.04% due to the company recognized the share of loss from investment in an associated company in the amount of Baht 33.08 million. The

(Translation) 1/4 November 16, 2020 Re: Clarification of the operating results of company and its subsidiaries for the nine months period end September 30, 2020 To: President The Stock Exchange of

October 3, 2019 Re: Clarification of the operating results of company and its subsidiaries for the 1 st quarter of year 2018 To: President The Stock Exchange of Thailand K.C. Property Public Company

in the same period of the previous year. This was mainly due to an increase of approximately Baht 12.26 million in fee for product distribution, for which the Company has since September 2018 engaged

contractor installing solar panels. 3. The company has distribution costs and administrative expenses of 17.00 million baht, decreased 18.96 million baht representing 52.72 percent mainly due to the same

administrative expenses of 38 . 5 1 million baht, a decrease of 18.24 million baht or 32.14% due to 3.1 Cost of distribution decreased in the amount of 1.95 million baht, a decrease of 2.55 million baht or 56.62