Microsoft Word - MDA Q1-2563_Eng_11 Aug 20 Aug 11, 2020 Subject Management Discussion and Analysis for the period of three months ended 30th June 2020 To President of the Stock Exchange of Thailand

- Translation - Page 1 of 11 CBG 008/2018 21 February 2018 Subject Management discussions and analysis for the year ending 31 December 2017 To President The Stock Exchange of Thailand We, Carabao

the company was voted for the third consecutive years. However, the company’s securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index

for the third consecutive years. However, the company’s securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares

securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares group in the SET100 index that has value follwing the market

the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares group in the SET100 index that has value follwing the market capitalization and has

 positive the groups funding is from the shareholders equity. Major Factors which could have an Impact on the Company's Performance The company business is that of an electronics manufacturing service company

 lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups Page 2 of 3

utilisation and lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups

 Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Major Factors which could have an Impact on the