provision for employee benefits from the new labor protection act. Please be informed Yours sincerely, (Ms. Sineemas Sotpiparpnukul) Chief Executive Officer Authorized Director

stores and new stores and come from recognized the service cost in the past from employee benefit according to The Labor Protection Act (No. 7) B.E. 2562 has been announced in the Royal Gazette on April 5

shortage and provision for employee benefits from the new labor protection act. Please be informed Yours sincerely, (Ms. Sineemas Sotpiparpnukul) Chief Executive Officer Authorized Director

result from the company has additional long-term employee benefit liability of baht 12.5 million in accordance to the labour protection Act BE 2562 that stipulates additional legal severance pay rates for

and administrative expenses increased from the same period of last year to 33.29 million Baht mainly due to marketing expenses and the increase in set up of employee benefits. Finance costs slightly

of the fiscal year 2019, according to an actuary hired by the company to review the calculation of employee accrued benefits, and the Labor Protection Act (No.7), B.E.2562 (2019) issued in the

which was operated by the subsidiary company since June 2018. • Selling and administrative expenses increased 27.81% due to salary and employee benefit of subsidiaries which was operated since last year

that, operating expenses rose by Baht 5.42 million because of the increase of the amount of employee benefit obligations in according with the accounting standard. The ratio of net claim expense over

Plc. (LH) holds 100% shares, as “Employee” 2. Siam Retail Development Co., Ltd. (SRD) as “Employer” Connected parties Mr. Anant Asavabhokhin is a major shareholder of LH, holding 24% shares, and also a

price difference was recognized as an employee benefit expense of the Company in amount of THB 22.50 million. Kindly be informed accordingly. Yours sincerely, Malee Leelasiriwong (Mrs. Malee Leelasiriwong