SAFARI WORLD PUBLIC COMPANY LIMITED, located at No 1 TRANSLATION Safari World Public Company Limited Registration No. B.M.J. 0107537000351 Ref. No. 108 /2020 AUGUST 14, 2020 Re. : The explanation and

73 1 / 5 (Translation) Pef. MD 033/2020 14th August 2020. Subj Management Discussion and Analysis (MD&A) Q2/2020 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary

Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No. 0107554000208 Tel. (66) 02-150-5988, (66) 0-3483-9130-1 Fax. (66) 02-150-5987, (66) 0-3483

from interest of trust receipts from the purchase of raw materials. The Company therefore earned net profit in Q3/2019 and year 2018 amounting THB 2.4 MB and THB 1 1 .9 MB respectively. Net profit of the

from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for

Baht 0.46 per share decreased from last year that showed Baht 0.69 per share. Statement of Comprehensive Income For the three-month period ended 30 June 1/4 Unit: Million Baht YOY % Revenue from sales

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13 AUG 2020 U CITY PCL 2Q 2020 - MD&A (for three-month and six-month period ended 30 June 2020) 1 U CITY PCL 2Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue

1 Ref FN. 007/2020 Management Discussion and Analysis For operation of the year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

Services 800 759 5 Selling and Administrative Expenses 87 99 (12) Share of profit (loss) from investments in joint ventures (1) 2 (150) Finance Cost 10 15 (33) Net Profit 88 54 63 - 2 - Total Revenues In the

759 5 Selling and Administrative Expenses 43 48 (10) 87 99 (12) Share of profit (loss) from investments in joint ventures 1 1 - (1) 2 (150) Finance Cost 5 8 (38) 10 15 (33) Net Profit 48 29 66 88 51 73