Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

of service 1.56 2.26 -0.69 -30.97% Total cost 2,007.11 1,786.69 220.43 12.34% Selling and administrative expense 534.91 458.92 75.99 16.56% Share of profit from investment in associates 43.08 63.12

Industrial Indonesia Date of Establishment : 15th November 2019 Type of Business : Manufacture and supply of various finished and semi- finished automotive stamping components for automotive industry. Share

-8.68% Gross Profit 396 533 -137 -25.72% Gross Profit Margin (%) 9.34% 11.24% -1.90% SG&A Expenses 310 300 10 3.48% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 275

13.06% Loss on exchange rate 31 126 -95 -75.43% Expected credit losses (reversal) -10 -15 5 -31.23% EBIT before share of profit (loss) from investment in associates and joint venture 187 150 37 24.49

cash paid-in for share capital increase of subsidiary in China during late of September. In addition, property, plant and equipment increased by Baht 78 million which were new machines that ordered since

, divided into 1,000 ordinary shares with a par value of USD 1 per share. Board of Directors 1. Mr. Manickam Mahalingam 2. Mr. Lalit Kumar Shareholders Sakthi Automotive Group USA, Inc. ("SAGUSA", as the sole

capital of USD 1,000, divided into 1,000 ordinary shares with a par value of USD 1 per share. Board of Directors 1. Mr. Manickam Mahalingam 2. Mr. Lalit Kumar Shareholders Sakthi Automotive Group USA, Inc

ended as of December 31, 2019, which can be summarized as follows: Thailand Automotive Industry Total vehicle production volume for the year 2019 dropped by 7.10% to 2,013,710 units, compared to 2,167,694

statements of the Company for the 2nd quarter of fiscal year 2019 ended as of June 30, 2019, which can be summarized as follows: Thailand Automotive Industry Q2 January – June 2019 2018 % Change 2019 2018