uninterrupted period of 20 years or more is entitled to receive payment of not less than his/her last rate of wage for 400 days, this law is effective since 5 May 2019. Despite such change, for 3 months period of

HONDA ENGINEERING ASIAN CO No WICE 002/2018 4 January 2018 Subject: The payment of share acquisition of Universal Worldwide Transportation ( “UWT”) To President The Stock Exchange of Thailand

Act (No.7), B.E. 2562 stipulates additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive

S Holding Co., Ltd. (“All S”), which aim to invest in automobile assembly business, public transportation services, supported technology and related application to public transportation business. In

HONDA ENGINEERING ASIAN CO เลขท่ี WICE 002/2561 วนัท่ี 4 มกราคม 2561 เร่ือง ขอแจง้การเขา้ท ารายการและช าระเงินค่าหุน้สามญั Universal Worldwide Transportation ( “UWT”) เรียน กรรมการผูจ้ดัการ ตลาดหล

business in automobile assembly, public transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 300 million

employees who have worked for an uninterrupted period of twenty years or more. Such employees are entitled to receive compensation at a rate of not less than that of the last 400 days’s compensation at the

expenses increased by severance pay rate for employees who have worked for an uninterrupted period of 20 years or more are entitled to receive compensation at a rate of not less than the last 400 days from

baht which is greater than the same quarter in the previous year which the net loss was 2.76 million baht due to the income derived from providing consulting service regarding domestic transportation

(Decreased) Percentage Remark Sales and Services Income 563.95 485.78 78.17 16.09% - LPG Trading 189.70 178.97 10.73 6.00% 1 - Transportation 4.72 3.29 1.43 43.47% 2 - Conversion Kit Installation 1.34 1.74