SAFARI WORLD PUBLIC COMPANY LIMITED, located at No 1 TRANSLATION Safari World Public Company Limited Registration No. B.M.J. 0107537000351 Ref. No. 024/2019 May 14, 2019 Subject : The Explanation and

SAFARI WORLD PUBLIC COMPANY LIMITED, located at No 1 TRANSLATION Safari World Public Company Limited Registration No. B.M.J. 0107537000351 Ref. No. 070/2018 November 14, 2018 Subject : The

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Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: Q4’19 and FY2019 26 February 2020 FY2019 Management Discussion & Analysis Page 1/6 Financial

% 4.6% Net Profit(Loss) Margin 1 (%) (2.1%) (5.1%) (3.0%) 2.7% 1.3% (1.4%) Number of branches as at Jun 30 41 40 (2.4%) 41 40 (2.4%) • After You Public Company Limited (“the Company”) reported

% Net Profit (Loss) Margin 1 (%) (5.1%) 14.5% 19.6% 1.3% 11.3% 10.0% Number of branches as at December 31 40 43 7.5% 40 43 7.5% • After You Public Company Limited (“the Company”) reported consolidated

1 บริษัท อ๊ิกดราซิล กรุ๊ป จ ากัด (มหาชน) YGGDRAZIL GROUP PUBLIC COMPANY LIMITED 348 ซอยลาดพรา้ว 94 (ปัญจมิตร) แขวงพลบัพลา เขตวงัทองหลาง กรุงเทพฯ ประเทศไทย 10310 โทร: (662)-934-4364 โทรสาร: (662)-934

/ 2021. The reason for the decrease in income because the main raw material, which is Sweet corn can be harvested late due to inclement weather making it unable to operate at full capacity and fully

Margin (%) 49.5% 35.5% 13.9% 28.1% 33.3% -5.2% Executive Summary Revenue from Sales and Services • Yggdrazil Group Public Company Limited (“Company”) has total revenue from sales and services equivalent to