principle of widespread distribution to general subscribers without specific allocation to any particular individual (cherry picking), and must not be an arbitrage in evasion of regulatory compliance

Offeror : SS NATIONAL LOGISTIC COMPANY LIMITED | Date of submission of the Statement of Intention : 28/10/2010

Offeror : SS NATIONAL LOGISTIC COMPANY LIMITED | Date of submission of the Statement of Intention : 11/11/2010

SS National Logistic Company Limited On October 28, 2010, SS National Logistic Company Limited (SSNL) filed the inaccurate tender offer report (Form 247-4) of SSNL’s holding of Sermsuk Public

Mr. Narin Usanawarong Mr. Narin Usanawarong, as the director responsible for the operation of SS National Logistic Company Limited (SSNL) shall be liable for SSNL’s failure to disclose the

expenses represented at THB 8 mil. (1.2%), 31.8% decremental primary by lower logistic expenses which came from more effective management in logistic & distribution. Net Profit Statements of Financial

Mr. Sakchai Thanaboonchai Mr. Sakchai Thanaboonchai, at the time he was holding the position of the director responsible for the operation of SS National Logistic Company Limited (SSNL) shall be

% q-q which came from more effective management in logistic & distribution. Mil THB 56 53 6 42 55 Q2 18 Q2 19 105 +0.6% 17.7% 9.0% 9.2% TBSP TKS %SG&A Extra Exp TKS 1.1% 9.6% 7.0% 104 17.7% (0.5%) 6M19

effective management in logistic & distribution. Mil THB 56 55 1 6 43 40 Q3 18 Q3 19 101 +1.1% 16.2% 8.8% 6.5% 0.2% 9.3% 7.1% 100 16.6% 0.9% +389.3% -7.2% TBSP TKS Extra Exp TKS %SG&A to Sales Conso -1.3

last year which came from more effective management in logistic & distribution. Statements of Financial Position and Selling and Administrative expenses Financial cost Unit : THB million Change Y2019