(Translation) November 14, 2018 Ref: SET-2018-017 Re: Management Discussion and Analysis for Quarter 3’ 2018 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company Limited

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 002/2020/EN 26 February 2020 Subject: Management Discussion and Analysis of the Company and its subsidiary for the year ended 31 December 2019 To: The

has re-evaluated the provision for long-term employee benefits in during 9-months of 2020. As a result, the Company has to set more provision on employee benefits. Shareholders' Equity As of September

revenue over 30 years starting from 1Q19. Additionally, the Company also invested in 20% shareholding in SPRIME amounting to THB 893.5m and would be eligible to receive dividend accordingly. Significant

Exchange of Thailand (SET) R&B Food Supply Public Company Limited and its subsidiaries would like to notify the operating results stated in consolidated financial statements for the third Quarter and nine

probable forward looking macroeconomic factors and also set additional management overlay in the previous quarter. The non- performing loan ratio was 3.88% slightly increased from the previous quarter due to

increased by THB 6 million or 120% from Q1/2019 due to additional catering teams which resulted in higher set-ups of pop-up store in several locations. Q1/2020 vs Q1/2019YoY Revenue Q1/19 Q1/20 Change

result from increasing of written-off receivables as well as the Company has also set additional management overlay for a hedge with probable forward looking macroeconomics factors, the disease pandemic

39,000 megawatts by 2026, which focus on power generation from coal-fired power plant. Additionally, the Philippines set target renewable energy generation of 26,000 megawatts by 2026, which supports the

. The ratio of non-performing loans (NPLs) to total loans was 3.8 percent. The Bank continues to closely monitor its loan quality and set aside appropriate provisioning expenses. Total allowances for