Acc. 001/2019 February 25, 2019 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Year 2018 Dear Sir, S. Khonkaen Foods Public Company Limited or

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., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th No. NDR005/2019 10 May 2019 Subject: Management Discussion and Analysis (MD&A) Report for the Three Month

1 Translation CEN 024-2018 May 15, 2018 Subject : Management Discussion and Analysis for quarter 1-2018 To : The Manager and President Business operation for 3 month period as ended March 31, 2018 of

Acc. 006/2018 August 9, 2018 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 2/2018 Dear Sir, S. Khonkaen Foods Public Company Limited

Acc. 005/2020 August 10, 2020 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 2/2020 Dear Sir, S. Khonkaen Foods Public Company Limited

12.00 Q1/2018 Q4/2018 Q1/2019 Market GRM GRM Hedging Inventory Gain(Loss)1/ Crude run 6.37 (1.72) 3.49 Note: 1/ Inventory Gain/(Loss) included LCM Management Discussion and Analysis of Business Operation

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