importance on maintaining strong financial health and flexibility to pursue future growth. Our dividend policy is to pay a minimum of 70% of net profit . By preserving cash flow, we ensure that we have the

, recognizing that flexibility is required in corporate governance as „one size does not fit all‟. Such analysis should be viewed as an important tool in the process of developing an effective corporate

by 4.8% from the same period of previous year; where China alone had crude steel production for June 2017 was 73.2 million tons, as top rank of the world, increase by 5.7% compared to June 2016. The

crude steel production for September 2017 was 71.8 million tons, as top rank of 4. Industry Overview and Outlook Flat Steel Product ($/T) Management’s Discussion and Analysis (MD&A) For Q3/2017 4 the

most production in 2017 was Asia (including China, but not including the Middle East) 1,162.5 million tons; where China alone had crude steel production for 2017 was 831.7 million tons, as top rank of

million tons, as top rank of the world, increase by 5.7% compared to 2016. The second and Third most producing countries were Japan with 104.7 million tons and India with 101.4 million tons respectively. 4

crude steel production for 2018 was 928.3 million tons, as top rank of the world, increase by 6.6% compared to 2017. The second and Third most producing countries were India with 106.5 million tons and

Middle East) 1,271.1 million tons; where China alone had crude steel production for 2018 was 928.3 million tons, as top rank of the world, increase by 6.6% compared to 2017. The second and Third most

In 2019, the Global Health Security Index ranked Thailand as the sixth of the countries with the highest public health security, with three sub- elements in the top five rank such as disease prevention

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...