previous year To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last year, private

interests of RS shareholders or the investment decision making of investors are likely to be affected. Therefore, by virtue of Section 58 of the Securities and Exchange Act B.E. 2535 (1992) (SEA), the SEC has

affiliated companies including other investment policies. 7.3 On the investment, the price per share is likely to increase if the P/E ratio price increases close to the average of the same business. In

data, estimation, divestment, and exclusion are more likely. Source: Eastspring, Aladdin, MSCI STRICTLY PRIVATE AND CONFIDENTIAL. FOR PROFESSIONAL INVESTORS ONLY. CLIMATE RISK IS A MATERIAL RISK TO THE

likely to avoid over-regulation, support the exercise of entrepreneurship and limit the risks of damaging conflicts of interest in both the private sector and in public institutions. A. The corporate

generate profit from the core business and to expand to other businesses which have potential to make better profit than the biomass power plant business, in which UWC’s expertise is probably limited and

seaweed compared to the previous year. Therefore, the gross profit for the 2nd half of the year is likely to continue to improve from the decrease seaweed cost in 2019 that has been reduced by more than 10

the parent on consolidated financial statement. 2) Decimal numbers shown in this management discussion and analysis are likely to be different from the Company’s financial statement due to the rounding

freshwater fish for export since May 2018. This production line has a number of customers of the Company already supporting a number and is likely to receive higher orders. Cost Cost of sales and service The

. Therefore, this results to lower entrepreneurs and workers income, increase in unemployment rate, people in general are worried about uncertainty financially. As a result, people will most likely postpone