1 No. 3/2020 November 25, 2019 Re: Notification on the subscription of the newly issued shares in Thai Identity Sugar Factory Company Limited, a subsidiary of the Company Attn: The President of the

with factory building and the Machinery purchase agreement (Additional) Attention President of the Stock Exchange of Thailand According to the Board of Directors Meeting No.10/2020 of UBIS (Asia) Public

stemmed from the decrease in sugar prices and cost of production. Since the 1st quarter of 2017, the Company had been relocating its production lines of sauces and condiments to the new factory, such

666.73 million which increased by Baht 60.62 million or 10% from the previous year. Such change was in line with the sales volume and additional overhead expenses from the new factory located at Amata City

(Asia) Public Company Limited (“the Company”) held on July 16, 2019, it was resolved that the Company enter into a connected transaction of the contact of land lease with factory building and office

of UBIS (Asia) Public Company Limited (“the Company”) held on July 16, 2019, it was resolved that the Company enter into a connected transaction of the contact of land lease with factory building and

labor between the two (2) factories which are located at Laem Chabang and the new factory at Amata City. Such costs incurred during relocation of the production lines of sauces and condiments to the new

and garlic prices and an increase in selling price. Moreover, in 1H17, there was the duplicated cost of labor between two factories at Laem Chabang and the new factory at Amata City provided that such

effective January 10th, 2020. 2. Approval on the acquisition of Dried Fruit business from Vita Food Factory (1989) Company Limited with Fruity Dry Company Limited (“FD”) as its operator along with the

decrease in gross profit margin was due to the depreciation of the U.S. dollar currency and an increase of the fixed cost per unit of products produced at Laem Chabang factory while the production decreased