equities of THB 11,137 million. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Performance comparison of 1Q2018 vs

, 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

which was long term, lower from Bt98bn. Shareholders’ equity was Bt37,656mn, declining 12% due to lower retained earnings. Current ratio stood at 0.43x, down from 0.46x in 4Q16. With improving EBITDA and

adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the

consolidated financial statements of Q1/2024 compared to the same period of the year 2023, is as follows: Total Revenue amounted to THB 3,568.38 million increased by 3.23% Gross Profit amounted to THB 334.25

and its Subsidiary (together referred to as “Corporate Group”) would like to clarify on the operating results according to the consolidated financial statements of Year 2018 for the year ended December

Subsidiary (together referred to as “Corporate Group”) would like to clarify on the operating results according to the consolidated financial statements of Year 2019 for the year ended December 31, 2019 as

PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017/18 30 OCT 2017 2Q 2017/18 SNAPSHOT & ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 2Q 2016/17 1Q 2017/18 2Q 2017/18 QoQ (%) YoY (%) (Restated) Operating

of most appropriated methodologies from 2 independent financial advisory firms, the Company recognized the effect from loss of control in these two subsidiaries recorded in the consolidated statements

3.73% Amortization 64.24 69.78 5.55 8.63% 259.95 279.20 19.25 7.41% EBITDA 502.34 481.22 (21.13) (4.21%) 2,404.24 2,347.33 (56.91) (2.37%) In 2017, East Water Group had total consolidated sales and