_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No. OCMSET/1902/001 (translation

Acc. 006/2018 August 9, 2018 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 2/2018 Dear Sir, S. Khonkaen Foods Public Company Limited

the Stock Exchange of Thailand For the Q3/2017 period ended of September 30, 2017 operating result of S.Pack & Print Public Company and Its Subsidiary in Statement of Comprehensive Income net loss Baht

, Tambol Ban Lane, Amphur Bangpa-in, Ayuthaya Province 13160, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com บริษัท อาปิโก ไฮเทค จํากดั (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED

Manager of the Stock Exchange of Thailand For the Q2/2020 period ended of June 30, 2020 operating result of the company net profit Baht 37.97 Million comparison with the previous Q2/2019’s net loss of Baht

of the Stock Exchange of Thailand For the year 2019 period ended of December 31, 2019 operating result of S.Pack & Print Public Company and Its Subsidiary in Statement of Comprehensive Income net

production, selling goods, assembling engines, as well as receiving of returned goods and disassembling of engines and spare parts for auction as metal scrap. This resulted in AMAC’s 2008 and 2009 financial

concerning purchasing raw materials, hiring for spare parts mold production, selling goods, assembling engines, as well as receiving of returned goods and disassembling of engines and spare parts for auction

-to-declining Industry margin environment, particularly in a key feedstock, PTA and in PET, which contributes to the Company’s largest production vol- ume. As is evident in the graphs, the Company has

Acc.028/2017 November 9, 2017 To: The President The Stock Exchange of Thailand Subject: Management discussion and Analysis Quarter 3 Ending 30 Sep 2017 Dear Sir, S. Khonkaen Foods Public Company