3.5% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

will acquire the business of manufacture and distribution of Lime from SQL, and SQL will be dissolved in accordance with the Thai Revenue Code. In this regard, the board of directors has assigned the

distribution channels to meet the needs of changing consumers behaviors who are looking for convenience and speed. Customers can pay by using the Thai QR system. The vending machines offer over 20 items of

Discussion and Analysis, Q1/2020 Page 2/ 7 Jaymart Public Company Limited Consolidated FS Quarter 1/2019 Quarter 1/2020 Change MB. % MB. % MB. % Selling and distribution expenses 222.4 8.1% 201.1 7.5% -21.3

sales and services to the international sales and services in 2017 is 81.0 percent to 9.6 percent respectively. -2- Revenues Classified by Distribution Channels 3 Months in 2018 3 Months in 2017 Variation

well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending