Derivative Warrants | GGC08C1906A | DERIVATIVE CALL WARRANTS ON GLOBAL GREEN CHEMICALS PUBLIC COMPANY LIMITED ISSUED BY ASIA PLUS SECURITIES COMPANY LIMITED LAST TRADING IN JUNE 2019 # A | Stock in

Derivative Warrants | GGC23C1901A | DERIVATIVE CALL WARRANTS ON GLOBAL GREEN CHEMICALS PUBLIC COMPANY LIMITED ISSUED BY SCB SECURITIES COMPANY LIMITED LAST TRADING IN JANUARY 2019 # A | Stock in

production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and

Management’s Discussion and Analysis For the operating results of 3Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

excise tax and some higher fixed cost per unit from lower production according to green tea market. Food business Food cost of sales in the fiscal year 2018 was Baht 3,667 million, slightly increased Baht

year. For Ethanol production and sales business, performance was also better than last year, as in 2018, KSL Green Innovation Co., Ltd.’s performance was realized for the full year, resulting in the

production after they temporarily reduced their operation due to feedstock price volatility in 2017. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 6 Operating Performance

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the operating results of 3Q/2019 Global Green Chemicals Public Company Limited Management Discussion and Analysis

production to capture the market which resulted in higher sales volume than both quarter 2/2017 and quarter 3/2016. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Due to

Management’s Discussion and Analysis For the operating results of FY2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and