cow 54.81 3% 49.94 3% Others 39.82 2% 63.72 3% Total assets 2,000.52 100% 1,967.72 100% Total assets were Baht 2,000.52 million, which increased by Baht 32.81 million from 2021. - Trade and other

% Property, plant and equipment 823.82 52% 712.57 51% Biological assets – dairy cow 47.16 3% 46.27 3% Others 54.68 4% 55.53 4% Total assets 1,567.31 100% 1,385.63 100% Total assets were Baht 1,567.31 million

in associated company 280.49 14% 286.20 17% Property, plant and equipment 779.69 38% 871.72 52% Right-of-used 223.01 11% - - Biological assets – dairy cow 48.53 2% 45.97 2% Others 51.32 3% 48.46 3

assets – dairy cow 49.83 3% 46.27 3% Others 60.49 4% 55.54 3% Total assets 1,612.04 100% 1,407.27 100% Total assets were Baht 1,612.04 million, which increased by Baht 204.77 million from 2018. - Trade and

associated company 432.44 30% 483.96 36% Property, plant and equipment 645.19 45% 558.59 42% Biological assets – dairy cow 46.06 3% 44.28 3% Others 52.80 4% 61.09 4% Total assets 1,441.64 100% 1,345.45 100

124.55 9% 104.83 8% Investment in associated company 397.46 28% 483.96 36% Property, plant and equipment 644.04 46% 558.59 42% Biological assets – dairy cow 45.60 3% 44.28 3% Others 61.05 5% 61.09 4% Total

climate-related physical or transition risk changes over the short, medium, and long term. Novel and uncertain nature Many of the effects of climate change have no precedent, limiting the ability to apply

first semester in August 2020. In 2020, we expect that the Company’s operations will be affected by various risks factors such as the outbreak of the novel coronavirus, the uncertainty of the global

quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the

consistent returns for our customers in a highly volatile market environment. Based on the principle of diversification, we have developed novel formats of investment, especially through investment in