Microsoft Word - Oishi MDA - Year End 2018_EN_v2_Sud.docx Ref. SorNor. 040/2018 November 20, 2018 Subject: Clarification of Operating Results and Financial Status for the year 2018, ended September

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conclude any progress. As preliminary discussions, NPSI expects the Ministry of Energy, Philippines will finish the review of documents by end of October 2017. After the license is completed. The investment

respectively in which the main current assets held by the company accounted for 64. 2% and 80. 1% respectively of the total assets. The company current assets as of year- end of 2016 and 2017 was the finish

33.8% of the total assets. Secondly, the finish goods inventory as of year-end 2016 and Q3/2017 equal to THB 216.6 MB and THB 271.7 MB respectively or equivalent to 34.6% and 24.4% of the total assets

was THB 1,026.4 MB and THB 783 MB respectively, equivalent to 80.1% and 64.3% of total assets. The company current assets as of year-end of 2017 and Q1/2018 was the finish goods inventory in which

respectively or equivalent to 30.7% and 23.9% of the total assets. Secondly, the finish goods inventory in which accounted to THB 501.8 MB and THB 196.9 MB respectively as of year-end 2017 and Q2/2018 or

year-end of 2017 and Q3/2018 was THB 1,026.4 MB and THB 512.5 MB respectively, equivalent to 80.1% and 51.6% of total assets. The company current assets as of year-end of 2017 and Q3/2018 was cash and