Section 112 Securities and Exchange Act B.E. 2535 Section 112. In operating the business of securities brokerage, a securities company shall enter into a written agreement with the customers who

high-technology products, an increase in price of the Company’s core raw material, copper foil, due to an unbalanced demand/supply in the market, as well as the appreciation of the THB in a short period

1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of

materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency

procurement thanks to a decrease in the cost of copper, implementing artificial intelligence technology (AI) in the workplace to improve the production process and efficiency, and reducing the Company’s

20.7% increased Q-o-Q from 18.9% but decreased Y-o-Y. In principle, the cost of production is influenced by factors such as the capacity utilization rate, product mix, a change in LME copper price and

follows: 1. Approved the entering into two transactions with connected persons which can be summarized as follows: 1.1 Approved the entering into the Master Service Agreement between S Hotels and Resorts

Copper, Copper Foil, Laminate and Fiber glass. However, an increase in capacity and efficiency gained from Phase 3 of the new plant that supported volume growth helped lessen the effect of the above on

-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper

resulting from a higher cost of raw materials Copper, Copper Foil, Laminate and Fiberglass. However, an increase in capacity and efficiency gained from the latest investment that supported sales volume growth