ncreased by Baht 3,417 million or 270% from Q4/2018. This was mainly due to the following reasons: Executive Summary Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4/2018YoYQoQ The Proportion of Gross

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

the “Group”) for the second quarter ended 30 June 2019 which had been reviewed by the independent auditor as follows: Consolidated financial statements The Group reported profit attributable to owners

(collectively as the “Group”) for the third quarter ended 30 September 2019 which had been reviewed by the independent auditor as follows: Consolidated financial statements The Group reported profit attributable

(“Company”) and its subsidiaries would like to clarify the operating results of the first quarter of 2020 (ending 31 March 2020). According to the consolidated financial statements, the Company and its

November 13, 2006 May 15, 2020 Subjects : Clarification of Operating Performance for the Q1/2020 Attention : The Director and Manager of the Stock Exchange of Thailand The Consolidated net profit of

was 660.2 million Baht or increased 37.4 percent due to employee remuneration and cost of services in insurance business in its subsidiary. Gross Profit The Company had a gross profit in consolidated

bill amount per patient. Operation : Consolidated Profit & Loss Statement 4Q 4Q % 12 mth 12 mth % Unit : THB million 2017 2016 change 2017 2016 change Revenue from non-social security 197.87 182.46 8

Stock Exchange of Thailand Seamico Securities Public Company Limited and its subsidiaries (“The Company”) would like to report the consolidated operating result that has been audited by our auditor for