(Translation) NEP-AC 003/2563 13 Aug 2020 Subject: Management Discussion and Analysis for Q2 end of 30 June 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and
in specifying the frameworks, policies and reviewing the methods of the Company’s risk management to cover and comply with the economic condition, society and environment, by having meeting and
utilisation rate of all products, an investment in new media products and a reduction of internal cost in order to become more competitive amidst the ever-changing environment. During the second quarter, the
Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis
decrease 11 Million Baht. Gross Profit for DDUS was 260 Million Baht representing 7% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product
environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and
regulations: Clause 1 In this Notification: “ regulatory sandbox ” means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to
regulations: Clause 1 In this Notification: “regulatory sandbox” means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to capital
for experimenting and developing an innovation in a controlled environment to support provision of services related to capital market. “ approved person ” means a person who is approved by the SEC