by the trade war between U.S.A and China. China is hit by a tariff wall which affected Thai Rubber wood exports to China. Another reason came from China with strict environmental regulations which

hit by tax barriers, causing the export of Thai rubber woods to China to be affected. 2. in addition China also implemented strict environmental regulations, which caused many factories in China to stop

Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A of 4th quarter of 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Income 216.43 213.57

Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the year 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Net sales 212.16

the Stock Exchange of Thailand Attachment: Copy of financial statements dated on 30th June 2017 Thai-English each. Union Pioneer Public Company Limited would like to clarify the net profit for the 2nd

Directors’ meeting No. 5/2017 of Inoue Rubber (Thailand) Public Company Limited on August 11th, 2017, 4.00 p.m. at meeting room R8, 5th Floor, Renaissance Bangkok Ratchaprasong Hotel, 518/8, Ploenchit Road

Page 1 of 3 บริษทั เอน็.ดี.รับเบอร์ จํากดั (มหาชน) N.D. RUBBER PUBLIC COMPANY LIMITED 129 หมู่ 3 ถนนหนองชาก-พนสันิคม ตาํบลหนองอิรุณ อาํเภอบา้นบึง จงัหวดัชลบุรี 20220 129 Moo 3 Nongchak-Phanasnikom Rd

foreign. The global and Thai economy are slowdown, which impacts on the decrease in the production of Thai automobiles and motorcycles. The Company, as the 1st Tier and 2nd Tier rubber part manufacturer

of rubber which is the main raw material for production and the continuous appreciation of the Thai baht. Transaction For the Year ended 31st December Unit 2017 2016 Gross Profit Ratio % 15.60 21.05

Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China