DEAN & DELUCA of 2,434 million Baht (28% of total revenue), a decrease of 708 million Baht or 23% as compared to 2017 and (3) other income including trademark and trade name fees of DEAN & DELUCA of 264

acquisition was 2,396 million Baht. Also, the intangible assets arising from DEAN&DELUCA’s business; for example, trademark, trade name, copyrights, etc. of the DEAN&DELUCA brand were 1,819 million Baht. The

. Also, the intangible assets arising from Dean & DeLuca’s business; for example, trademark, trade name, copyrights, etc. of the Dean & DeLuca brand were 1,719 million Baht. The main assets were 82% of the

trademark “Wuttisak Clinic”, which start operate the franchise business on February 10, 2018. So far we can generate income for each branch continuously. 3. Analysis of Operating Results Statements of

owner of the energy drinks under Carabao trademark, has offered financial support to CVHLUX to the extent beyond current shareholding of 51%. The Change of overseas subsidiaries’ capital structure

Intercarabao Limited (“ICUK”), of which the business engages in marketing, sales and distribution of energy drinks under Carabao trademark in the UK market and other countries outside Asia (the “Change of

carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand

“After You” and “Maygori” brand • Take-home product sales from store fronts and “After You Marketplace”, as well as orders through food delivery services (portion of In- store sales : Take-home product

sustainable growth organization. Our domestic performance has been invigorated by the product strategies that are not only limited to rolling out branded products under Carabao trademark, ranging from Drinking

out branded products under Carabao trademark, ranging from Drinking Water launched since the 1st quarter of 2016 to 3-in-1 and RTD Coffee marketed since the 2nd half of 2016. These new products will