wishes to submit herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2019 2018 2017 Increase (decrease) 2019-2018 1.1

showed of 25.1% in the same quarter of last year. Excluding TBSP of 22.6% GP, Company’s %GP represented at 19.4%, primary by lower Gross Profit of High-Valued Document and Flexible Packaging. THB million

find further information in the consolidated financial statements. 2 Summary of Performance For Q2 2020, the Company and its subsidiary recorded net profit of 308 MTHB, decreased by 362 MTHB or 54.1

Ref: CIG029/2020 August 14, 2020 Subject: Profit and loss reporting for the first half of 2020 and explanation of more than 20 percent fluctuation in profit and loss compared to that of last year

Ref: CIG 040/2020 November 16, 2020 Subject: Profit and loss reporting for the period of 9 month of 2020 and explanation of more than 20 percent fluctuation in profit and loss compared to that of

Company hereby clarifies the performance as follows: During 3 months ended the third quarter of 2019, the Company had the net profit of THB 569.6, which increased by 56.9% compared to the same period of

performance of the Group Unit: Million Baht 2018 2017 Increase (decrease) Variance (%) Total revenues 8,080 7,165 915 13% Net profit 526 272 254 93% The Group has total revenues of Baht 8,080 million for 2018

Company still has the EBITDA profit margin equal to the same period of the previous year at the rate of 12. 5 percent because of its better capability to control the manufacturing costs, despite that the

(183.82) -35.69% Cost of rendering of services (355.37) (238.78) 116.59 -32.81% Gross profit 159.63 92.40 (67.23) -42.11% Other income 0.69 2.90 2.21 320.40% Services expenses (6.83) (5.10) 1.73 -25.35

the communication system 4G is coming to the end of the investment period. 2. Gross profit : The total gross profit of the 1st quarter of year 2019 was Baht 123.29 million representing an decreased of