Business The COVID -19 virus pandemic situation has had a wide impact on all types of businesses and industries. In the first quarter of 2020, the negative impact on revenue to the Company and its

steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. As well as, the epidemic of Covid 19 have severe negative impacts on the

NML’s assets to decrease by ten percent or more or by more than Baht 5,000,000 is considered an event having a significantly Enclosure Page 3 adverse impact. 4. The debt restructuring agreement between

quarter of 2020, the negative gross margin of hotel operations was THB 4.89 million, equaled to -26.71% of the total revenues from operations. The hotel operations had the negative gross margin increased of

unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the

the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later

same period of the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2

an unfavorable condition of the Company’s traditional trade channel because of the terminated contract with the distributor, which was effective since 30 June 2019. Further in this year, the period

the delay in the budget year 2020, which makes public investment "negative", as well as the drought problem, Thai Baht appreciation, the impact of the US trade war with China and Epidemic problems

Baht 100.55 million was caused by (i) the settlement of a dispute in a lawsuit with one hirer in the amount of Baht 94.83 million in order to stop the risk which may have a negative impact to the