November 12, 2019 Subject: Notification of the Resolution of the Board of Directors Meeting Re: the Investment in N.E.X.T Company Limited (additional) To: President Stock Exchange of Thailand Enclosure

1 --Translation-- Sor Gor 7/2018 January 19, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Unaudited) To: The President The Stock Exchange of Thailand

1 --Translation-- Sor Gor 11/2018 February 22, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Audited) To: The President The Stock Exchange of Thailand

, several commercial banks may continuously set aside high provisions and focus mainly on debt restructuring in order to control loan quality, even though the Bank of Thailand’s leniency in asset

); the Fuel Ethanol Business EBITDA is THB 41 million (-29% QoQ). In June 2017, the company has informed the Stock Exchange of Thailand of the changes in shareholing structure of Bio-based Product business

15%, chiefly from the company’s stock management in preparation for the refinery’s turnaround maintenance, under the intensifying competition situation in the industrial market. While in the late of Q1

(Translation) No. CK-19-0000-PO-L-0008 February 28, 2019 Re: Scheduling of the 2019 Annual Ordinary General Meeting of Shareholders and Declaration of Dividend Payment Attn: President of the Stock

the Stock Exchange of Thailand CH. Karnchang Public Company Limited hereby informs the resolutions of the Board of Directors’ Meeting No. 1/2019 which was held on February 28, 2019 as follows: 1

. 5. General Characteristics of the Transaction Transaction Type: Acquisition or Disposal of Assets of Category 2 as classified following the Notification of the Stock Exchange of Thailand Consideration

seen in both public and private investment. Nonetheless, commercial banks may still adopt a cautious stance in their business operations amid the lingering debt quality problem, which still needs some