domestic spending o Branded domestic sales of canned fruit dropped by over 40% since the crop of the Company’s major agricultural raw materials such as rambutan, longan and lychee were declining last year

ending month for the soil prepartation period thus, the Company placed less purchase orders for raw materials to oversea suppliers in this period. As of June 30, 2019 the Company and its subsidiary had a

again. This resulted in an increase in the labor cost and raw materials for the past 2nd quarter. Even though this resulted in the Company had the production cost and the cost of goods sold increased, but

(raw material), COGs/revenue ratio of Q1/2019 are at high level. This is because of high stock level carried over Q4/2018.  Increase in cost of sales of are main impact to minus in bottom line. 3 / 4

สรุปผลการดำเนินงานของบจ -Translation- February 13th, 2018 Subject: Management Discussion and Analysis for the Quarter 1/2018 To: Managing Director The Stock Exchange of Thailand Inoue Rubber

1 8 August 2019 Subject: Explanation of operating result in the financial statement ended 30 June 2019 To: President The Stock exchange of Thailand With reference to the financial statement of Q1

สรุปผลการดำเนินงานของบจ -Translation- August 10, 2018 Subject: Management Discussion and Analysis for the Quarter 3/2018 To: Managing Director The Stock Exchange of Thailand Inoue Rubber (Thailand

August 11, 2020 Subject : Management Discussion and Analysis for Six-month and 2nd quarter ended June 30, 2020 Attention : President The Stock Exchange of Thailand Operating Performance 1. Revenues

Ref. APURE 005/2022 February 24, 2022 Subject : Financial Position and Operating Performance of year 2022 Attention : The Director and President of the Stock Exchange of Thailand Financial Position

Public Company Limited Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 11/14 The main raw materials (Pig iron, shredded scrap) the price movement of