Margin (%) 49.5% 35.5% 13.9% 28.1% 33.3% -5.2% Executive Summary Revenue from Sales and Services • Yggdrazil Group Public Company Limited (“Company”) has total revenue from sales and services equivalent to

June 30, 2020 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2020 Overall Group Performance Table 1

, more home cooking behaviors. The results of the expanding production line into flexible packaging group help reducing impact from uncontrollable external environmental risks for the company. Allowing the

assets that can be invested and possessed by the mutual fund and the investment limit of such assets. In this regard, the information shall be divided into the group of assets of an infrastructure business

voting rights, excluding the votes of interested shareholders. (Translation) 3 The Company’s engagement of CH. Karnchang, as the Company’s major shareholder, to carry out the foregoing work then

or higher who is responsible for the line of work which takes part in making decisions on securities allotment or the line of work which has an opportunity to obtain inside information relating to an

for the line of work which takes part in making decisions on securities allotment or the line of work which has an opportunity to obtain inside information relating to an offer for sale of securities or

departmental manager or higher who is responsible for the line of work which takes part in making decisions on securities allotment or the line of work which has an opportunity to obtain inside information

the Group has been improved since under TFRS 9, reserve of loans and contingents where the credit risk has not increased significantly (Stage 1 Reserve) and reserve of loans and contingents where the

0.5 percent of the total Thai workforce. This group of workers falls short of their work potential, having more time and seek to work full-time job. It is a real challenge for Thailand to enhance the