financial statements Financial Statement, in which the equity method is applied Separate Financial Statement Changes (separate financial statement) (Unit: Million Baht) 30-Jun-19 30-Jun-18 30-Jun-19 30-Jun-18

: Quarterly results  In Q3/2017, the Company and its subsidiary recorded total sales of Baht 1,500 million, a decrease of 15% YoY due to the slowdown in domestic branded and export CMG sales. However, export

1/2 Ref: CIG 015/2018 March 12, 2018 Subject: Profit and loss reporting the financial statements for the year ended December 31, 2017 and explanation of more than 20 percent fluctuation in profit and

1 11 February 2020 Subject: Explanation of operating result in the financial statement ended 31 December 2019 To: President of the Stock Exchange of Thailand With reference to the financial statement

1/2 Ref: CIG 009/2019 February 27, 2019 Subject: Profit and loss reporting the financial statements for the year ended December 31, 2018 and explanation of more than 20 percent fluctuation in profit

financial statements Financial Statement, in which the equity method is applied Separate Financial Statement Changes (separate financial statement) (Unit: Million Baht) 31-Mar-19 31-Mar-18 31-Mar-19 31-Mar-18

private organizations, aiming to provide insights on the economy, finance, investment, and key government policies and strategies for both domestic and international institutional investors. During the

Syndicate Public Company Limited ( the “Company”) and its subsidiaries hereby submit the Annual Financial Statements, ending March 31, 2018 and 2017, together with the clarification of the performance of the

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The