. Expenses : (Unit: Million Baht) Consolidated Separate Y2019 + Increased Y2019 + Increased / -Decreased / -Decreased Employee benefits expenses 570.90 (93.96) 541.98 (99.57) Fees and service expenses 158.92

Bt1,120.9 million according to Labor Protection Laws as TAS no.19 on employee benefits. Page 8 of 8 2.3 Shareholders’ Equity As at September 30, 2019, total shareholders’ equity was of Bt7,756.3 million

million baht in year 2017, 2018, and 2019 respectively. SG&A ratio is 14.64%, 13.83% and 14.35% for year 2017, 2018, and 2019 respectively. In the year 2019, there are additional reserve for employee

Baht; - an additional provision for long-term employee benefit of 165 million Baht (as shown under Administrative Expense, to comply with the Labor Protection Act, effective on 5 May 2019); - an

for employee benefits under the Labor Protection Act (the 7th revision) B.E.2562, effective on May 5, 2019. The law states that employees who have worked for the company for 20 years or longer shall

the corresponding period of the previous year, derived from an increase of provision for long-term employee benefits according to The Labor Protection ACT ( no.7) B.E. 2562 was announced in the Royal

administrative expenses in Quarter 2/2019 increased by Baht 22.3 Million or 16.4% from Q2/2018 due to past services cost for long-term employee benefit (Labor Protection No. 7, B.E.2019) and IT system improvement

16.49 million or 225.58%. The major reason as follows. 6.1 Employee benefi ts expenses increased by Baht 5.47 million because (1) increasing in the improvement of employee benefit provision according to

support the investment of new machines, and provisions for employee benefits increased in accordance with an amendment of the Labor Protection Act since 2Q19. As of December 31, 2019, Net Interest-bearing

122.46 82.73 97.44 80.72 (25.02) (20.43) Labor costs 14.46 9.77 9.68 8.02 (4.78) (33.06) Depreciation costs 3.94 2.66 4.44 3.68 0.50 12.69 Freight expenses 0.24 0.16 0.01 0.01 (0.23) (95.83) Others 6.92