= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

- ร่าง - 1 August 14, 2018 Subject Management Discussion and Analysis for the period of three months ended 30th June 2018 To President of the Stock Exchange of Thailand Secretary of the Office of

% Administrative expenses (109.5) (15.3) (512.5) (29.3) 368.0% Finance costs (Interest expenses) (68.6) (9.7) (205.5) (11.7) 200.0% Other income 83.8 11.7 83.8 4.8 0.1% Share of profit (loss) from investment in an

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the First Quarter ended 31 March 2020 1. Q1/2020 Highlights Figure 1: Quarterly results  In Q1/2020

Translation Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2019 (Unit : M ill ion Baht) 2019 2018 Inc./(Dec.) % ( R es tated

ordinary shares with a par value of Baht 1 per share as follows: 1) To capital increase by the General Mandate of Baht 666,332,580.00 from the exceeding 666,332,580.00 newly issued ordinary shares with a par

issuing and allocating not more than 888,443,440.00 new ordinary shares with a par value of Baht 1 per share as follows: 1) To capital increase by the General Mandate of Baht 666,332,580.00 from the

R&B Food Supply Public Company Limited 24 February 2020 Re Management Discussion and Analysis for the year 2019 (Revised) Attn. The President The Stock Exchange of Thailand (SET) R&B Food Supply

1 Ref: AC.008/2020 25 February 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

R&B Food Supply Public Company Limited 24 February 2020 Re Management Discussion and Analysis for the year 2019 Attn. The President The Stock Exchange of Thailand (SET) R&B Food Supply Public Company