the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

: MAT Sep 2017 RTD Fruit Juice Market Value breakdown by Market Segment 1,533 1,741 1,760 1,507 1,515 1,370 1,500 110 143 161 117 118 61 78 0 20 40 60 80 100 120 140 160 180 200 0 200 400 600 800 1,000

16.1% YoY, driven by C-Vitt, a strong No. 1 brand in the category, whose market share successfully booked a new record high of 31.3% (+580 bps YoY). Osotspa anticipated a stronger C-Vitt growth in 2H’20

of Baht 3,254 million from retail business, which is increased by Baht 935 million or 40% compared to the revenue of Baht 2,319 million for 2016. The Group has the top-up value via “Boonterm Kiosk” for

plans were delayed from the original plan, most of which should have been launched since at the end of Q2/2018. Figure 2: MAT Jun 2018 RTD Fruit Juice Market Value breakdown by Market Segment Premium

Ltd. (3) Mr. Nuttawut Phowborom and (4) Mrs. Sangduan Ewbamrung (collectively called “Existing Shareholders”) in the number of not less than 14,947,300 shares, at a par value of Baht 10 per share

“Sale Shares”), at a par value of Baht 10 per share and a selling price of Baht 33.33 per share, equivalent to the total value of Baht 510,000,000 (the “Investment in Ordinary Shares of S-TREK”), where

business, featuring both house brand – separate by Apparel under brand Inco, Cheval, Sleep Mate, ETC brand, Non- Apparel under brand Cherish, Prim, Rollica, Cushy, etc., and other brand products. To date

products that offer well-perceived quality at reasonable prices. We believed that the notable Carabao brand is well imprinted among targeted customers and the positive feedback in term of sales of both the

customers with high purchasing power, DIY, Accessories, Smartphones, and Television. Notably, in 2022, the Company planned to sell a wide range of Apple products to reinforce its brand positioning and