Common use of COMMITMENTS AND CONTINGENT LIABILITIES Clause in Contracts

COMMITMENTS AND CONTINGENT LIABILITIES. 24.1 Commitments relating to lease and service agreements commitments As at June 30, 2020 and December 31, 2019, the Company had commitments on lease and service agreements were as follows: Thousand Baht As at June 30, 2020 As at December 31, 2019 Not later than one year 1,169 23,437 Later than one year and not later than five years 603 35,343 Later than five years - 2,720 Total 1,772 61,500 As at June 30, 2020, the Company had no obligations under lease agreements as a result of the adoption of the TFRS 16 as at January 1, 2020. The Company recognized the lease liabilities previously classified as operating lease at the present value of the remaining lease payments, discounted incremental borrowing rate, as described in Note 4.2 to the interim financial statements. 24.2 Commitments relating to forward foreign exchange contracts As at June 30, 2020, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 2.64 million (equal to Baht 83.35 million) with maturity date in November 2020. As at December 31, 2019, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 3.00 million (equal to Baht 90.83 million) with maturity date in May 2020. 24.3 Commitments relating to outstanding letters of credit As at June 30, 2020 and December 31, 2019, the Company had commitments for the outstanding letters of credit amounting equivalent to U.S. Dollars 0.83 million (equal to Baht 25.77 million) and U.S. Dollars 0.54 million (equal to Baht 16.39 million), respectively. 24.4 Commitment relating to capital expenditure As at June 30, 2020 the Company has commitment to pay under the purchase of land agreement totaled Baht 71.84 million. The Company has an outstanding commitment under the agreement amounted Baht 64.66 million. 24.5 Commitment relating to purchase of raw material agreements As at June 30, 2020 and December 31, 2019, The Company entered into memorandum and agreements to purchase raw materials from several unrelated companies, at prices and per conditions as stipulated in the memorandum and agreements. The terms of the memorandum and agreements are between 4 and 6 months. The Company has an outstanding commitment under the agreement amounted U.S. Dollars 2.04 million (equal to Baht 63.37 million) and U.S. Dollars 2.03 million (equal to Baht 61.49 million), respectively. 24.6 Contingent liabilities relating to electricity usage agreement As at June 30, 2020 and December 31, 2019, the Company had contingent liabilities in respect of electricity usage agreements with the Provincial Electrictity Authority in the amount of Baht 1.40 million and Baht 1.02 million, respectivly.

COMMITMENTS AND CONTINGENT LIABILITIES. 24.1 22.1 Commitments relating to lease and service agreements commitments As at June 30March 31, 2020 2021 and December 31, 20192020, the Company had commitments on lease and service agreements were as follows: Thousand Baht As at June 30, 2020 As at December 31, 2019 Not later than one year 1,169 23,437 2,225 1,351 Later than one year and not later than five years 603 35,343 34 58 Later than five years - 2,720 - Total 1,772 61,500 2,259 1,409 As at June 30, 2020, the Company had no obligations under lease agreements as a result of the adoption of the TFRS 16 as at January 1, 2020. The Company recognized the lease liabilities previously classified as operating lease at the present value of the remaining lease payments, discounted incremental borrowing rate, as described in Note 4.2 to the interim financial statements.December 24.2 22.2 Commitments relating to forward foreign exchange contracts As at June 30March 31, 2021, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 2.47 million (equal to Baht 76.45 million) with maturity date in August 2021. As at December 31, 2020, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 2.64 3.12 million (equal to Baht 83.35 96.85 million) with maturity date in November 2020. As at December 31, 2019, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 3.00 million (equal to Baht 90.83 million) with maturity date in May 2020April 2021. 24.3 22.3 Commitments relating to outstanding letters of credit As at June 30March 31 , 2020 2021 and December 31, 20192020, the Company had commitments for the outstanding letters of credit amounting equivalent to U.S. Dollars 0.83 2.92 million (equal to Baht 25.77 91.62 million) and U.S. Dollars 0.54 2.65 million (equal to Baht 16.39 79.91 million), respectively. 24.4 Commitment relating to capital expenditure As at June 30, 2020 the Company has commitment to pay under the purchase of land agreement totaled Baht 71.84 million. The Company has an outstanding commitment under the agreement amounted Baht 64.66 million. 24.5 22.4 Commitment relating to purchase of raw material agreements As at June 30March 31, 2020 2021 and December 31, 20192020, The Company entered into memorandum and agreements to purchase raw materials from several unrelated companies, at prices and per conditions as stipulated in the memorandum and agreements. The terms of the memorandum and agreements are between 4 and 6 months. The Company has an outstanding commitment under the agreement amounted U.S. Dollars 2.04 1.27 million (equal to Baht 63.37 39.87 million) and U.S. Dollars 2.03 2.05 million (equal to Baht 61.49 61.85 million), respectively. 24.6 Contingent liabilities relating to electricity usage agreement 22.5 Commitment on capital expenditure 22.5.1 As at June 30, 2020 and December 31, 2019, 2020 the Company had contingent liabilities in respect of electricity usage agreements with has commitment to pay under machine purchase contract totaled Baht 36.97 million. The Company has an outstanding commitment under the Provincial Electrictity Authority in the amount of agreement amounted Baht 1.40 million and Baht 1.02 25.79 million, respectivly.

COMMITMENTS AND CONTINGENT LIABILITIES. 24.1 33.1 Commitments relating to lease and service agreements commitments As at June 30December 31, 2020 and December 31, 2019, the Company had commitments on lease and service agreements were as follows: Thousand Baht As at June 30, 2020 As at December 31, 2019 Not later than one year 1,169 23,437 1,350,625.00 23,437,089.00 Later than one year and not later than five years 603 35,343 58,500.00 35,342,400.00 Later than five years - 2,720 2,720,000.00 Total 1,772 61,500 1,409,125.00 61,499,489.00 As at June 30December 31, 2020, the Company had no obligations under lease agreements as a result of the adoption of the TFRS 16 as at January 1, 2020. The Company recognized the lease liabilities previously classified as operating lease at the present value of the remaining lease payments, discounted incremental borrowing rate, as described in Note 4.2 5.2 to the interim financial statements. 24.2 33.2 Commitments relating to forward foreign exchange contracts As at June 30December 31, 2020, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 2.64 3.12 million (equal to Baht 83.35 96.85 million) with maturity date in November 2020April 2021. As at December 31, 2019, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 3.00 million (equal to Baht 90.83 million) with maturity date in May 2020. 24.3 33.3 Commitments relating to outstanding letters of credit As at June 30December 31, 2020 and December 31, 2019, the Company had commitments for the outstanding letters of credit amounting equivalent to U.S. Dollars 0.83 2.65 million (equal to Baht 25.77 79.91 million) and U.S. Dollars 0.54 million (equal to Baht 16.39 million), respectively. 24.4 Commitment relating to capital expenditure As at June 30, 2020 the Company has commitment to pay under the purchase of land agreement totaled Baht 71.84 million. The Company has an outstanding commitment under the agreement amounted Baht 64.66 million. 24.5 33.4 Commitment relating to purchase of raw material agreements As at June 30December 31, 2020 and December 31, 2019, The Company entered into memorandum and agreements to purchase raw materials from several unrelated companies, at prices and per conditions as stipulated in the memorandum and agreements. The terms of the memorandum and agreements are between 4 and 6 months. The Company has an outstanding commitment under the agreement amounted U.S. Dollars 2.04 2.05 million (equal to Baht 63.37 61.85 million) and U.S. Dollars 2.03 million (equal to Baht 61.49 million), respectively. 24.6 33.5 Commitment on capital expenditure 33.5.1 As at December 31, 2019 the Company has commitment to pay under the service contractor contract of solar rooftop with a local company totaled Baht 9.90 million. The Company has an outstanding commitment under the agreement amounted Baht 9.90 million. 33.5.2 As at December 31, 2020 the Company has commitment to pay under machine purchase contract totaled Baht 36.97 million. The Company has an outstanding commitment under the agreement amounted Baht 25.79 million. 33.5.3 As at December 31, 2020 the Company has commitment to pay under contract for the construction of a new factory totaled Baht 2.40 million. The Company has an outstanding commitment under the agreement amounted Baht 2.16 million. 33.6 Contingent liabilities relating to electricity usage agreement As at June 30December 31, 2020 and December 31, 2019, the Company had contingent liabilities in respect of electricity usage agreements with the Provincial Electrictity Authority in the amount of Baht 1.40 million and Baht 1.02 1.40 million, respectivly.

COMMITMENTS AND CONTINGENT LIABILITIES. 24.1 21.1 Commitments relating to lease and service agreements commitments As at June 30March 31, 2020 2023 and December 31, 20192022, the Company had commitments on lease and service agreements were as follows: Thousand Baht As at June 30March 31, 2020 2023 As at December 31, 2019 2022 Not later than one year 1,169 23,437 2,933 1,777 Later than one year and not later than five years 603 35,343 169 240 Later than five years - 2,720 - Total 1,772 61,500 As at June 30, 2020, the Company had no obligations under lease agreements as a result of the adoption of the TFRS 16 as at January 1, 2020. The Company recognized the lease liabilities previously classified as operating lease at the present value of the remaining lease payments, discounted incremental borrowing rate, as described in Note 4.2 to the interim financial statements.3,102 2,017 24.2 21.2 Commitments relating to forward foreign exchange contracts As at June 30March 31, 20202023, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 2.64 1.97 million (equal to Baht 83.35 66.33 million) with maturity date in November 2020within July 2023. As at December 31, 20192022, the Company had forward exchange contracts with financial institutions totaling U.S. Dollars 3.00 2.89 million (equal to Baht 90.83 104.35 million) with maturity date in within May 20202023. 24.3 21.3 Commitments relating to outstanding letters of credit As at June 30March 31, 2020 2023 and December 31, 20192022, the Company had commitments for the outstanding letters of credit amounting equivalent to U.S. Dollars 0.83 2.02 million (equal to Baht 25.77 69.24 million) and U.S. Dollars 0.54 2.08 million (equal to Baht 16.39 72.34 million), respectively. 24.4 Commitment relating to capital expenditure As at June 30, 2020 the Company has commitment to pay under the purchase of land agreement totaled Baht 71.84 million. The Company has an outstanding commitment under the agreement amounted Baht 64.66 million. 24.5 21.4 Commitment relating to purchase of raw material agreements As at June 30March 31, 2020 2023 and December 31, 20192022, The Company entered into memorandum and agreements to purchase raw materials from several unrelated companies, at prices and per conditions as stipulated in the memorandum and agreements. The terms of the memorandum and agreements are between 4 and 6 months. The Company has an outstanding commitment under the agreement amounted U.S. Dollars 2.04 1.52 million (equal to Baht 63.37 51.97 million) and U.S. Dollars 2.03 1.00 million (equal to Baht 61.49 34.64 million), respectively. 24.6 Contingent liabilities relating to electricity usage agreement 21.5 Commitment on capital expenditure 21.5.1 As at June 30March 31, 2020 2023 and December 31, 20192022, the Company had contingent liabilities in respect of electricity usage agreements with the Provincial Electrictity Authority in the amount of has commitment to pay under machine purchase contract totaled Baht 1.40 15.76 million and Baht 1.02 19.15 million, respectivlyrespectively. The Company has an outstanding commitment under the agreement amounted Baht 11.03 million and Baht 13.40 million, respectively.