Managing Director&CEO

(ROA) = Profit before financial costs and income tax to average Total Assets Return on Equity (ROE) = Net Profit to average Total Equity Yours faithfully, (Mr. Hiroaki Sano) Managing Director

selling and administrative expense was 7.69 million baht, and the total income was 72.62 million baht. Please be acknowledged Yours sincerely (Mr. Kovit Rongwattanasophon) Managing Director

Executive Director, and Managing Director

. Surachet Kamolmongkolsuk- (Mr. Surachet Kamolmongkolsuk) Managing Director

Date : August 14, 2020 Subject : Management Discussion and Analysis for the Quarter 2/2020 To : Managing Director The Stock Exchange of Thailand Kuang Pei San Food Products Public Company Limited

current ratio is increased due to the decrease in liabilities. Please be informed accordingly. Yours sincerely, -Signature - Mrs. Pimporn Chotirattanakul Managing Director

284.45 million baht in 2019. Yours Sincerely, (Dr. Chamnan Chanapai) Managing Director

) Managing Director As at 31 Dec 2020 As at 31 Dec 2019 MB MB MB % Total assets 4,157.5 4,239.8 (82.3) (1.9) Cash and cash equivalents 162.7 100.4 62.3 62.0 Trade accounts receivable and other receivables

year. Yours Sincerely, (Dr. Chamnan Chanapai) Managing Director