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Global QMR Q2 2022

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79 July 2022 Work Force Statistics 3% Trade Union Membership in 2019 General protests were held by workers in March to improve working conditions Recent Industrial activity ▪ Garment industry Age & Gender Profile - Employed Population Q1 2022 Inflation and Wage Growth Q2 2022 Total Labor Force (000s) 38,700 Employed Workers (000s) 38,108 Unemployed Workers (000s) 592 Unemployment Rate 1.5% Thailand 4 28 24 2 0 2 20 24 24 2 4 4 0 0 emales Change Males Change Q2 2022 Change in Labor Force compared to Q1 2020 Compared to Q1 2020, Employment in Thailand has increased by 3.5%. ▪ Despite increases in all other age groups, the Youth were impacted the most with 177K fewer people employed compared to 2020. Industrial Action , 4 4,0 0 , 4 , 4 2, 2,00 4, 48 ,0 4, 2,4 24 2 4 4 0 0 emales 2022 Males 2022 % 20% % 0% 2 % 0% % Employer Tax rofit Tax T Thailand Regional verage 420 8 . 8 0 0 20 0 2, 00 ,000 , 00 verage Wage Manufacturing Wage Minimum Wage Thailand Regional verage Indicative Wages (in USD) Other Cost Considerations ▪ Year on Year inflation as at June '22 was . % ▪ Wage Inflation (Year on Year) as at Q1 2021 was 0.3% Change in Employed Population Compared to Q1 2020 Monthly Hourly Sources: https://wageindicator.org/ https://ilostat.ilo.org/data/ https://data.worldbank.org/ https://tradingeconomics.com/ http://statbbi.nso.go.th/analytics Minimum wage varies by region.

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