บริษัท เอบิโก้ โฮลดิงส์ จํากดั (มหาชน) / หมู่ อาคารเอบโิก้ ชัน ถ.พหลโยธิน ต.คคูต อ.ลําลกูกา จ.ปทมุธานี โทร - - โทรสาร - - Management Discussion and Analysis (MD&A) ABICO HOLDINGS ABICO HOLDINGS

Acc. 004/2019 August 8, 2019 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 2/2019 Dear Sir, S. Khonkaen Foods Public Company Limited

-TRANSLATION- 14 August 2019 Subject : Management Discussion and Analysis for Q2/2019 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

Ref. No. 1805/025EN May 14, 2018 Subject Management Discussion and Analysis for Q1/2018 (Ending March 31, 2018) To Director and Manager of the Stock Exchange of Thailand Ubis (Asia) Public Company

-TRANSLATION- 15 May 2018 Subject : Management Discussion and Analysis for Q1/2018 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

Limited would like to submit the report of Management Discussion and Analysis for the 3-month period ended June 30, 2018 which has been unaudited but reviewed by the auditor this is caused by followings

increased at a rate of 3.2% over same period of last year which, in accordance with the policy, demonstrated the efficiency of Company cost control management. - Nevertheless, Company had incurred somewhat

-TRANSLATION- 14 August 2018 Subject : Management Discussion and Analysis for Q2/2018 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

caused the change of the lessor of the MahaNakhon Cube Building from the Company’s subsidiary to a new lessor. The lease agreements were terminated prior to the expiry date and there have been some

-TRANSLATION- 14 November 2019 Subject : Management Discussion and Analysis for Q3/2019 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance