ABICO 011/KV/2017 August 10, 2017 Subject : Explanation on operation result for the Quarter ended June 30, 2017. To : Director and Manager Stock Exchange of Thailand Abico Holdings Public Company

School Name: สารสาสน์วิเทศศึกษา (Translation) Re: BOD.SET 005/2018 February 23, 2018 Subject: Clarification on the Change in operating results for the year ended December 31, 2017 over 20% compared

is income decreased Baht 1.38 million, due to less delivery of raw milk to the customers compared to those of the same periods last year. The decreases were 7%. 1.2 Cost of sales and service

increase of Baht 0.83 million, near that of last year. - Farm business saw is income decreased Baht 3.26 million, due to less delivery of raw milk to the customers compared to those of the same periods last

to more production orders from the old customers and new customers, the Company had more manufacturing and delivery of products in Q1’62, increases were 45.70%. - The Property Business saw an income

orders from the customers, the Company had more manufacturing and delivery of products in Q1’61, increases were 20%. - Immovable property business saw its income increased Baht 0.06 million, near that of

pipes to the contractor for a submarine pipe laying project. The delivery period started from end of year 2016 which was the first phase of the contract and Q1/2017 is considered the final part of the

Public Company Limited (the “Company”) No.7/2020 convened on 14 August 2020 has passed a resolution to certify the financial statements and the performance for the six-month period ended 30 June 2020 which

date on January 1, 2020. By this summarization of business operation and financial statement of year 2019 was prepared under standard before the change and does not have retrospective improvements on

affected the Group's sales. From the above situation, The Group placed importance on increasing service through take- home and delivery services to full capacity in order to meet the consumer demand