Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

132.95 10% 104.83 8% Investment in associated company 454.39 33% 483.96 36% Property, plant and equipment 564.29 42% 558.59 42% Biological assets – dairy cow 44.44 3% 44.28 3% Others 40.42 3% 61.09 4

% 474.65 37% Property, plant and equipment 547.60 43% 557.68 45% Biological assets – dairy cow 41.59 3% 38.56 3% Others 56.43 4% 52.82 4% Total assets 1,290.14 100% 1,252.38 100% Total assets were Baht

%,. The main cause was more commission income in of Q1’62, which increased by Baht 1.74 million and Gain from change in fair value of dairy cow by Baht 1.60 million. 1.4 Operational profit and net profit

8.34 million, or 26.62%, in the year 2021 cause was more commission income in of 2021, which decreased by Baht 12.76 million and gain from changes in fair value of biological assets - dairy cow to Baht

34.64 147 Share of profit (loss) of associate (74.20) 75.93 (150.13) (198) Net profit (16.02) 99.47 (115.49) (116) - Operational profit amounted to Baht 58.18 million, which increased by Baht 34.64

Baht) For the year Movement 2018 2017 Increase (decrease) % Profit (loss) before tax expenses 71.53 28.61 42.92 150 Loss Tax expenses 13.35 5.07 8.28 163 Operational Profit 58.18 23.54 34.64 147 Share of

Movement 2020 2019 Increase (decrease) % Profit (loss) before tax expenses 159.79 141.95 17.84 12.57 Loss Tax expenses 24.29 27.30 (3.01) (11.03) Operational Profit 135.50 114.65 20.85 18.19 Share of profit

) Operational Profit 19.70 44.46 (24.76) (55.69) Share of profit (loss) of associate (11.70) 0.16 (11.86) (7,412.50) Net profit 8.00 44.62 (36.62) 82.07 - Operating profit decreased by Baht 24.76 million, or

2022 2021 Increase (decrease) % Profit (loss) before tax expenses 36.58 21.95 14.63 66.65 Loss Tax expenses (6.46) (2.25) 4.21 187.11 Operational Profit 30.12 19.70 10.42 52.89 Share of profit (loss) of