August 12, 2019 Subject: Management Discussion and Analysis For the three-month period ended June 30, 2019 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited (“The

discounted pricing and other promotions to attract customers for increase in market share. (2) Pastry and bakery industry have a lot of new players each year result from low barriers to entry due to low start

is above the minimum requirement by the Bank of Thailand with the capital adequacy ratio as of end of 3Q20 at 18.16%. For Capital market business, the market share (SET and mai excluding proprietary

Limited To: Director and Manager The Stock Exchange of Thailand As the Board of Directors Meeting of Wiik & Hoeglund Public Company Limited ("the Company") No. 5/2018 on October 12, 2018, approved Wiik

much and still focus on maintaining our market share in domestic market by improving our sales strategy as well as developing new products to meet customer demand and driving to expand the export market

of Food Chain which should not be affected much and still focus on maintaining our market share in domestic market by improving our sales strategy as well as developing new products to meet customer

amount of Baht 94. 3. A decrease in investment in available-for-sales securities (MILL) at amount of Baht 8 million due to market price was decreased from 0.69 Baht/share at 31 December 2019 to 0.68 Baht

% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

business - Securities borrowing and lending service - Sales and redemption representative Overview of the Stock Exchange of Thailand Thai Stock Market in the third quarter of 2017 rallied to mark another

representative Overview of the Stock Exchange of Thailand Thai Stock Market in the third quarter of 2017 rallied to mark another year to date high at 1,673.16, gain 3.38% from last month or increased 7.01% YTD