Managing Director

Managing Director

Managing Director of Accounting and Finance, and the disposition of land of the Company’s subsidiary (Amendment) To President The Stock Exchange of Thailand K.C. Property Public Company Limited (the “Company

parties. In this regard, the Board of Directors would like to propose to the 2020 Annual General Meeting of Shareholders to authorize the Executive Committee and/or managing director and/or any persons

waste controls and effectively manage the raw materials. Please be informed accordingly, Sincerely yours, Mr. Weerachart Lohsiri Managing director

average Total Assets Return on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, Mr. Hiroaki Sano Managing Director 2019 2018 Gross profit margin 23.7% 21.5% Net profit margin 19.3% 15.2

26 February 2020 Subject : Management Discussion and Analysis for 2019 To : Director and the President, The stock Exchange of Thailand Yggdrazil Group Public Company Limited (“Company”) would like to

Public Company Limited -Signature- (Arak Suksawad) Managing Director

accordingly, Sincerely yours, Mr. Saton Samerpark Managing Director

informed accordingly, Yours Sincerely, (Miss Valarlak Ngamchitcharoen) Managing Director