, Nakorn Ratchasima. 30380 Tel: (66) 4429 1333, Fax: (66) 4429 1723 Website: www.navanakorn.co.th IR 008/100/2019 October 31,2019 Subject : Progress of the share acquisition of Thai Thanan Company Limited

:09 Report on the progress of a subsidiary company establishment (additional share acquisition in a joint venture company: Sabaijai Money Co., Ltd.) and preparation for the sale of shares of a

well progress in developing its computer system but so far technical issue is the most important problem due to securities companies? different internal software applications. As a result, there are

as follows: - Management must constantly evaluate the progress of construction and compare the results with the plan. - In case there is any signal of incapability to complete the construction

renovation. Liquidity was maintained at healthy level with current ratio over 1, while capital structure was at optimal level with excellent ability to repay debt. 31-Dec-17 31-Dec-16 Chg Profitability ratio

was under monitoring because of the dredging of Nongkho reservoir, while those of Rayong province was in moderate level. Water supply in the reservoirs was approximately lower than the average water

Company’s total SG&A expense level was at 23.2% of sales, slightly higher YoY, mainly due to more marketing and activation programs to support several new product launches during the quarter and the impact of

groups, has decreased in line with the level of production activity of the main industries that have not yet returned to Normal level before the epidemic The sales of company and it subsidiaries mostly

in Q4/2017” Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 • Progress Report on Acquisition of GLOW Energy Public Company Limited (GLOW) On June 20th, 2018, the

consumption across the world, attributed to the COVID-19 outbreak. Furthermore, domestic demand for fuel consumption declined leading the refinery to lower its production level to an optimal levels, average