No. CAZ 015-2019 13 August 2019 Subject: Management Discussion and Analysis 2nd Quarter ended 30 June 2019 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 8 August 2019 Re: To clarify the financial statements as of 30 June 2019 To: President The Stock Exchange of Thailand WHA Corporation Public Company Limited (the

increasing in export volume of cooked chicken products to our main market which is Japan. Additionally, sales volume of domestic products increased by 6.41% from 3Q2016. GFPT Public Company Limited Interim

บมจ.0107537002109 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลขท่ี 191/43 อำคำรซีทีไอ ทำวเวอร ์ชัน้ 21 ถนนรชัดำภิเษก แขวงคลองเตย เขตคลองเตย กรงุเทพฯ

ASIA’S BOUTIQUE AIRLINE Remark: (1) Other revenue includes revenue from BAC Gourmet House Company Limited, the subsidiary of BAC which main activity is to provide food services in business district and

BAC which main activity is to provide food services in business district and major tourist attractions in Bangkok. Bangkok Air Catering Company Limited (BAC) The operating performance of BAC in the

Acquisition Transaction is reasonable in which the Company will receive the expected return. The share premium will be the asset of Hero Experience for construction cost and investment in the project. The main

consideration on the disposal of investment in NINE, an associated company of the Company, is not the disposal of the Company’s main business so that it does not affect the Company’s business operation in the

in a complete stoppage of the plant. Using this opportunity, the Company preponed its Annual Maintenance Shutdown, which was earlier planned for May, 2019, by working strategically to align all