required, to list the risk factors in the order of their priority to the issuer. The Risk Factors section is intended to be a summary of more detailed discussion contained elsewhere in the registration

Analysis | 2 Executive Summary In 2018, palm oil production and crude palm oil (CPO) inventory have remained high in both domestic and international market, which resulted in the decreasing price of crude

and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2018, Thailand’s chicken meat export reached an all-time high which equaled to THB

and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2019, Thailand’s chicken meat export was about 954,010 tons, 6.93% up from 2018 and

contracted capacity of 514 MW and Electricite De Laos (EDL) with the contracted capacity of 130 MW for 27 years starting from the Commercial Operation Date in 2022. Page 5 2. Business overview EGCO Group has

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 2Q/2019, overall palm oil production and crude palm oil (CPO) inventory have remained high

of year 2016 is shown in table 1 below. Table 1 provides an overview of performance. Unit : Million Baht For the three-months ended 30 June Items Increased (Decreased) 2017 2016 Amount Percentage 1

gain (loss) from investment value of the associate and joint venture -0.53 2.26 -2.79 -123.46% The overview of revenue for 3-month period ended June 30, 2019 by comparing to the same period of the last

year 2016 is shown in table 1 below. Table 1 provides an overview of performance. Unit : Million Baht For the three-months ended 30 June Transaction Increased (Decreased) 2018 2017 Amount Percentage 1

recognised gain on disposal totalling 320 million US dollar, equivalent to 9,795 million Baht. 2. Business overview EGCO Group have invested in the Independent Power Producer (IPP), Small Power Producer (SPP