labor. The Company will increase production capacity and selling higher gross profit margin products, including Gravure Coated Sacks. In addition, the selling price of the machinery is reasonable. As the

its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to

utility costs, maintenance cost, and outsourced labor cost of space rental business. As a result of full stores operating in the 1st quarter of 2021 when compared with the temporary close during end of

period of twenty years or more. Such employees are entitled to receive compensation of not less than 400 days at the employees’ latest wage rate according to The Labor Protection Act (No. 7) B.E. 2562. 3

Safeguards" (Section 5.2) MSS implies that the activity must also do no harm with social aspects. Social aspects include, but not limited to, complying with labor laws and providing good conditions to the

Development of youth potential as well as pursuit of environmental, public, and social activities Fairness of labor relations management and development of employee skills, knowledge and welfare Respect for

million due to the new labor law effective in the second quarter of 2019. As a result, it stipulated compensation for employees who have worked continuously for 20 years with their rights to receive

amount of approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. Beside, company and its subsidiaries recorded the profit sharing to non-controlling

current Labor Protection Act (LPA), with effective in Q2/2019. The key amendment to the LPA was that the law included a new and higher severance entitlement of 400 days’ wages for employees with over 20

provision in first quarter of the year for the additional employee benefits at the amount of approximately 7.7 million baht in order to comply with the Labor Protection Act, revised and announced in 2019. 1.1