1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

-brand portfolio strategy to maintain Q1’19 market share in energy drinks at 53.7%, which aligned with our mid-term guidance. In functional drinks market, C-Vitt maintained its leadership position, with

THB 302.96 million from those of same period last year mainly attributed to the corporate and business strategy restructuring in 2019 in order to enhance corporate efficiency and growth contributing to

marketing strategy, OSP market share was maintained at 53.5%, aligned with our mid-term guidance. In Functional drinks market, C-Vitt, now a No.1 brand, strongly drove the market to grow by 19.3% YoY. At the

energy drinks market share at 53.8%, aligned with our mid-term guidance, by using multi-brand portfolio and consumer-centric marketing strategy. In functional drinks market, C-Vitt also maintained its

PET, Packaging and Specialty Chemicals are now grouped under Combined PET given the inter-related nature of their businesses. Table 2: Segment Results (New Grouping) Full year $million (except where

marketing strategy. 9M’19 Functional drinks market growth remained strong at 21.9%, driven by C-Vitt, a No. 1 brand in functional drink market with the market share of 25.5%. In Q3’19, C-Vitt market share

sales management effective, the Company has changed the organization follow products grouping (Business Units) since July 1 2017. This results in each unit can sell, focus and response through their

September 2017 - To make sales management effective, the Company has changed the organization follow products grouping (Business Units) since July 1 2017. This results in each unit can sell, focus and

compared to a net profit of 18.45 million baht, is due to the following reasons: 1. The ailing economic condition especially in the automotive industry, in addition to a change in the company’s strategy to