Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

are as follows: (1) The Stock Exchange of Thailand or; (2) Limited company or public limited company established by the Stock Exchange of Thailand and hold shares not less than seventy-five percent of

the Office, if the service providers are as follows: (1) The Stock Exchange of Thailand or; (2) Limited company or public limited company established by the Stock Exchange of Thailand and hold shares

(-Translation-) Ref. No. Sor. Nor. 065/2019 August 9, 2019 Dear The President The Stock Exchange of Thailand Re: The Incorporation of a New Subsidiary Company in Thailand The Board of Directors

Limited) and Global Cargo (Thailand) Limited (amendment) To President The Stock Exchange of Thailand As the Board of Directors’ meeting of Namyong Terminal Public Company Limited (the “Company”) No. 2/2018

Ref Ref. HF 0110 / 2018 August 6th, 2018 Subject : Notification of the resolution of the Board of Directors No. 7/2018. To : President, The Stock Exchange of Thailand. We, Hwa Fong Rubber (Thailand

661 6664-5 www.indoramaventures.com Ref.No.IVL001/03/2020 9th March 2020 President The Stock Exchange of Thailand Subject: Formation of a 70:30 Recycling Joint Venture with Coca-Cola Philippines

Terminal Public Company Limited) and Global Cargo (Thailand) Limited To President The Stock Exchange of Thailand As the Board of Directors’ meeting of Namyong Terminal Public Company Limited (the “Company

disclose to the Stock Exchange of Thailand. 5. Details of Related Parties Mrs. Nalin Mongkhonaripong is the Company’s major shareholder (hold 144,000,000 shares or 15% of the total shareholders) 6. Reasons

November 29, 2018 Subject Change of payment method for investment in acquisition and sale of tap water in some areas of Phuket and some areas of Phangnga. To Director and Manager The Stock Exchange