Profit 223 280 26% 583 756 30% EBITDA 111 148 33% 288 396 38% Net Profit (Loss) for the Company 54 83 54% 131 210 60% Gross Profit Margin (%) 66.0% 65.4% (0.6%) 64.8% 66.1% 1.3% EBITDA Margin1 (%) 32.6

. Information Memorandum in relation to the allotment and offering of newly issued ordinary shares to investors in private placement Following NEP Realty and Industry Public Company Limited’s (the "Company

, and reported the Amalgamation between BBP Holding Co., Ltd. (a subsidiary of the company) and KSLGI Co., Ltd. (a subsidiary of Khon Kaen Sugar Industry Plc.) in July 2017. Exploration and Production

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

President The Stock Exchange of Thailand Reference is made to the resolutions of the Board of Director Meeting No. 6/2017 of Carabao Group Public Company Limited (the "Company") held on 11 August 2017 as

. (a subsidiary of Khon Kaen Sugar Industry Plc.) was completed on the 31st of October, 2017; the company holds 60% of share in BBGI Co., Ltd.; the amalgamated company. 5 | Management Discussion and

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and

in additional Startups through BCP Innovation Pte. Ltd. , a subsidiary of the Company, which has increased its investments in Bonumose, a company specializes in the production of healthy sugar from

company and its subsidiaries’ operating result for the 1st quarter ended 31st March 2020 Unit: THB Million Q1/2020 Q4/2019 QoQ Q1/2019 YoY Total Revenue 43,070 50,146 -14% 45,535 -5% Accounting EBITDA