competitive costs, by negotiating and bargaining on the prices of raw materials and service fees with the suppliers and service providers within the supply chain, as well as making improvements on product

synthetic fatty alcohols price and also supply of natural fatty alcohols has slightly dwindled due to maintenance shutdown of some producers, hence demand for natural fatty alcohols was still in good

January 2020 represented an effective markdown of about 1.7% of sales. Lockdowns implemented by many countries due to COVID-19 caused difficulty in the supply chain, which led to deferrals of some order

comparing to 1,972 MTHB at the end of 2016. Most of the receivables were not yet due. For the corresponding bad debt, the Company had already set sufficient provision. 3. The balance of other receivables at

both earnings and operating cash flows; IVL continues to optimize working capital through supply chain financing with a target reduction of three days in gross working capital 10 Forward-looking

demand from trading partners and related supply chain disruptions. Domestic demand was affected by measures to reduce economic activities in an attempt to contain the spread of the Covid-19 as well as the

, implemented lockdown measure to control the spread of COVID-19, attributed to supply chain and travel restrictions. The market P2F of natural fatty alcohols in 2Q2020 was at 353 USD/ton, a decrease of 41% from

$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop

which was recorded in 4Q22. Bad debt provision as % of postpaid and FBB revenue declined from 2.6% to 2.4% following the economic recovery. Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 4

Period As Of Details R&B FOOD SUPPLY PUBLIC COMPANY LIMITED 2023 Reviewed Consolidated Q2 30/06/2023 R&B FOOD SUPPLY PUBLIC COMPANY LIMITED 2023 Reviewed Company Q2 30/06/2023 R&B FOOD SUPPLY PUBLIC