2017 Consolidated Profit & Loss of NIPPON PACK (THAILAND) PCL., Unit : Million Baht Year 2017 Year 2016 Change %YoY Revenue from sales and services 621.1 540.2 80.9 15% Revenue from food and beverage

profit THB 200.5 mn represents an increase of net profit margin 25.7% when compared to the previous quarter and increase of 33.1% when compared to the same period of last year regarding the change of cost

% Y o Y - 1 7 % Y o Y -10% YoY Page 3  Domestic Contract Manufacturing (CMG) sales increased by c.35% YoY, supported by new products launch, growth from some existing products as well as change of the

. - Biological assets – dairy cow increased for Baht 0.16 million, because gain from change in fair less estimated point-of-sale cost dairy cow - Other assets were cash and equivalent transactions to cash

ended 31st December July - Sept 2018 July - Sept 2017 Change % Change Apr - Dec 2018 Apr - Dec 2017 Change % Change Revenue from sales & service 791.59 793.67 -2.08 -0.3% 2,489.75 2,531.58 -41.83 -1.7

226.28 (24.55) 226.22 (24.62) Shares of gain (loss) from investments in an associate and a joint venture 2.83 25.08 0.00 0.00 Gain from change in a joint venture proportion 0.00 (9.87) 0.00 0.00 Gain on

million in 2017 which did not reoccur in 2018. The decline in gain on sales of investment was partially offset by an increase in gain on change in fair value of investment property amounting to Baht 45

in the previous year. The Company would like to clarify the reasons for the change in profits for 2018 compared to the previous year, as follows: 1. Revenue In 2018, the Company had total revenues, as

) Consolidated * 2018 2017 Increase / (Decrease) % Change Revenues from sales 666.36 387.35 279.01 103.38% Other revenues 6.76 1.21 5.54 458.11% Total revenues 673.12 388.56 284.55 73.23% Cost of sales 256.50

Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the