Q4/17 Q1/18 Sales Revenue Net Profit Unit: Million Baht Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q1/2018, domestic RTD fruit juice market continued to decrease 10

Osotspa Public Company Limited Q3’19 and 9M’19 Management Discussion & Analysis 13 November 2019 Q3’19 and 9M’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Overall Q3’19 Net

either increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market At the end of Q3/2019, domestic RTD fruit juice

- Translation - Page 1 of 6 CBG 006/2020 20 February 2020 Subject Management discussions and analysis for the fiscal year ended 31 December 2019 To President The Stock Exchange of Thailand We

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: Q4’19 and FY2019 26 February 2020 FY2019 Management Discussion & Analysis Page 1/6 Financial

- Translation - Page 1 of 6 CBG 042/2017 11 August 2017 Subject Management discussions and analysis for the 3-month and 6-month periods ending 30 June 2017 To President The Stock Exchange of Thailand

- Translation - Page 1 of 6 CBG 042/2017 11 August 2017 Subject Payment of interim dividend and management discussions and analysis for the 3-month and 6-month periods ending 30 June 2017 To

) 1,259MB 10% Economy Market (20- 39% RTD Fruit Juice) 2,656MB 20% Super Economy Market (

10 บมจ.0107537002109 Page 1 of 6 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลขท่ี 191/43 อำคำรซีทีไอ ทำวเวอร ์ชัน้ 21 ถนนรชัดำภิเษก แขวงคลองเตย เขต

- Translation - Page 1 of 6 CBG 052/2017 14 November 2017 Subject Management discussions and analysis for the 3-month and 9-month periods ending 30 September 2017 To President The Stock Exchange of