1 No. LorBor. 11/2019 May 13, 2019 Re: Joint Venture in Pulp Mold Manufacturing Project Attn.: President The Stock Exchange of Thailand Kaset Thai International Sugar Corporation Public Company

necessary to let Mitsubishi Electric Corporation – Nakatsugawa (MELNAKA), who design and develops mold by buying through MT. 4) Total value of the transaction Total amount Baht 19,490,223 Baht (1 Yen

compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 47.83 million mainly from deposit paid for mold of new model in

the previous year. The main reason was the increasing sales of mold, accounting for 1,620% (The sales of the year 2017 and 2016 were 4.74 million Baht and 0.28 million Baht, respectively.) 2. Selling

increased compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 32.41 million mainly from the deposit payment for mold of new

hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged

addition, the Company had higher current liabilities of Baht 7.82 million which mainly caused by deposit of mold for new model. Whereas long-term loans reduced by Baht 43.37 million. As of 31 March 2018 the

plastic automotive part customers, sales decreased because revenue recognition from mold and tooling lower than same period of last year. However, the Company is in the development phase for new models

goods from steel bumper grille and lamp, Other non-current assets increased due to account receivable from fixed asset property, plant and equipment increased from investment injection mold, land

Baht 1.5 million in 6M18 from sale scraps and mold supplies. Ocean Glass Public Company Limited Management Discussion and Analysis Consolidated Financial Results For the period ended June 30, 2018 Ocean