Analysis Quarter 1 Ending 31 March 2020 1. Highlights The Consolidated reported net loss for Q1 2020 was Baht 1,287 million, an increase by Baht 484 million YoY and total sale revenue of Baht 4,820 million

the year 2019, East Water Group had total consolidated sales and services income of 4,680.08 million Baht, increased by 459.09 million Baht or 10.88% compared to the year 2018 as the raising in raw

the 6 months ended June 2020, East Water Group had total consolidated sales and services income of 2,157.63 million Baht, decreased by 203.12 million Baht or -8.60% and costs of sales and services

consolidated net profit was primarily driven from the growth in revenue from sales and lower percentage cost of sales from lower price of major raw material comparing to 2Q2016. The consolidated net profit

of the liabilities was from lower of trade accounts payable due to lower prices of raw materials, offset with higher * Note Please find further information in the consolidated financial statements. 5

submit herewith the consolidated financial statements of Lee Feed Mill Public Company Limited and its subsidiaries for the third quarter ended September 30, 2018, of which the business operation results

* Note Please find further information in the consolidated financial statements. 1 9th May, 2018 Subject: Management Discussion & Analysis (MD&A) for the 1st quarter of 2018 Attention: The President

its Audited and consolidated financial statements of the Group and the financial statement of the Company for the year ending December 31,2018. The results of their operations can be summarized as

* Note Please find further information in the consolidated financial statements. 1 8th August, 2019 Subject: Management Discussion & Analysis (MD&A) for the 2nd quarter of 2019 Attention: The

* Note Please find further information in the consolidated financial statements. 1 7th August, 2018 Subject: Management Discussion & Analysis (MD&A) for the 2nd quarter of 2018 Attention: The