results based on its audited consolidated financial statements ended 31 December 2017 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in

which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated financial

2020 which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated

operating result of 1Q/2020, ended 31 March 2020 Raimon Land Plc. | 14 May 2020 4 / 6 Distribution Costs and Administrative Expenses (SG&A)  In Q1/2020, the Company’s distribution costs, and administrative

“Company”) submitted its separate financial statement and its consolidated financial statement for the first quarter of 2018 ended on 31 March 2018 which were reviewed by the auditor. The Company hereby

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the third quarter of 2017 ended on 30 September 2017 which were reviewed by the auditor. The

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2017 ended on 31 December 2017 which were audited by the auditor. The Company

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2019 ended on 30 June 2019 which were reviewed by the auditor. The Company hereby

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2018 and 6 months ended on 30 June 2018 which were reviewed by the auditor. The