the fourth paragraph of Section 25. (4) “Work experience relating to gold” means experience of working in the business relating to buying or selling gold or gold derivatives. Clause 2. An applicant for

increased loss of the year 2018 at 3.27 million baht from retired payment following laboring protection laws that increased to 400 days and company have more employees with more than 20 years working services

value The book value per share is THB 13.26. The total value of the shares is THB 29,180,000. c. By considering the market value The market value considered by the average trading price 15 working days

Director Ratio Analysis : Consolidated Financial Statements 1Q 1Q Unit : THB million 2019 2018 Returns (%) Return on Assets * 4.4% 3.1% Return on Equity * 5.6% 3.6% Working Capital Management (Days) Trade

utilisation and lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups

received from the project based on the percent of shares. No. WHAUP-CS014-2562 5 9. Source of Funds The Company plans to use the working capital and/or internal cash flow and/or loan from financial

 Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Major Factors which could have an Impact on the

August 2019 which approved this connected transaction. 4 5. Sources of fund (if any) Working capital of the Company. 6. The opinion of Company’s Audit Committee and Board of Directors of the Company The

* 12% 10% Return on Equity * 14% 12% Working Capital Management (Days) Trade Receivable Period 62 67 Inventory Period ** 40 35 Trade Payable Period 36 44 Leverage Ratios (x) Interest Coverage 350.60

 existing plant. Source of Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Page 2 of 3 Major