on 14 August 2018, have resolved the connected transactions which attached here in. Yours sincerely, Mr. Adisorn Thananan-narapool Managing Director Report of information on connected transaction

Date : May 15, 2020 Subject : Management Discussion and Analysis for the Quarter 1/2020 To : Managing Director The Stock Exchange of Thailand Kuang Pei San Food Products Public Company Limited would

business requires the Company recognize an allowance for expected credit losses on its financial assets and it is no longer necessary for a credit-impaired event to have occurred. 4. Income tax expense

Supervisory Board and the Stock Exchange of Thailand regarding disclosure rule for the acquisition and disposition of assets. Please be informed accordingly. Yours sincerely, Forth Smart Service Public Company

SEC Secretary-General Pornanong Budsaratragoon said: “The SEC has issued 11 notifications containing regulations for establishing and managing Thailand ESG Funds. They have been published in the

expenses mainly consist of loss from exchange rate, loss from disposal of assets which were not key operating result. • For 2019, The other expenses was THB 2.6 million, increased THB 2.5 million from last

of Financial Position The Company and its subsidiary’s total assets as of 31 December 2016 and 30 June 2017 were Baht 1,823.7 million and Baht 1,867.8 million, respectively. The primary assets were

total assets as of 31 March 2019 decreased by 9% yoy. The decrease was mainly attributable to cash spending on annual capital expenditure and loan repayment as well as land disposal transaction. However

efficiently in control. Statement of Financial Position as of June 30, 2020 The consolidated total assets as of 30 June 2020 marginally changed from end of Y2019. There was the flow of asset from cash to fixed

Rd., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th Assets and Liabilities Unit: Million Baht Q1/19 Q4/19 Q1/20 YoY QoQ Consolidated Statement Current