Inform the Board Resolution to register a subsidiary company in SET - Translation - UAC.CS/006/2018 March 23, 2018 Subject: Plan to spin-off Subsidiary Company to be listed in mai To: The President

(English Translation) Page 1 Date : 5 February 2018 Subject : Notification of the Board of Directors’ Resolution Concerning the Plan to Spin Off its Subsidiary and to List Shares on the Stock

Sri Ayutthaya, Chachoengsao, Rayong and Diana Hat Yai Branch. In addition, the Company has expanded new channels especially e-commerce through owned official platforms, Facebook: FN Outlet, Line

of cash equivalents from paid-off loans. Total liabilities as at 31 March 2018 was Bt2,611.09mn, decreasing 10.8% compared to total liabilities last year, mainly from increasing current liabilities

_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No. OCMSET/1805/001 (translation

_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No. OCMSET/1708/001 (translation

PMC, and PMC holds 99.9965% shares of PLC. Pattaya Lamphun Co., Ltd. has already registered its dissolution with Ministry of Commerce on December 25, 2017. Such dissolution does not have any effect to

21.8 1.4 2. Media and Agency 19.2 6.0 13.2 17.9 4.4 13.5 1.3 1.6 (0.3) 3. E-Commerce 2.7 13.4 (10.7) 2.6 12.6 (10.0) 0.1 0.8 (0.7) Total 96.4 65.7 30.7 71.7 41.3 30.4 24.7 24.3 0.4 1. Revenue from event

50.9% when compared with the first six-month of last year. This was resulting from a project with one customer to promote the application for a certain period of time last year. 3. Revenue from Commerce

% increase, due to the increase in revenue from sale of goods and rendering service E- commerce in the same period of last year. However, the cost of goods sold and rendering services of E-commerce increased