.) Purpose of investment - To invest in operating assets. - To use as working capital of Thai Identity Sugar Factory Company Limited - To partially use to repay debt between Thai Identity Sugar Factory Company

Transferee : U City Public Company Limited Relationship between the Parties UE is a subsidiary of BTSG, a majority shareholder of the Company, where BTSG holds 100 percent of the total shares of UE. As at

เลขที่ HR 007 / 2542 No. ACC 01/2018 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 March 2018 SUBJECT EXPLANATION FOR THE INCREASE

No. ACC 05/2017 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 14 September 2017 SUBJECT EXPLANATION FOR THE CHANGE IN FINANCIAL

% in 2Q18, which rose from the same period of last year which was 32.30%. The main cause stemmed from a decrease in sugar and garlic prices. Moreover, during the first half of 2017, the Company had been

stemmed from the decrease in sugar prices and cost of production. Since the 1st quarter of 2017, the Company had been relocating its production lines of sauces and condiments to the new factory, such

increased from 29.45% in 2017 to 37.91% in 2018. The main cause of such increase stemmed from an increase in the proportion of revenue from sales of Seasoning and Dipping Sauce products, a decrease in sugar

Industry Estate. Gross Profit Margin Gross profit margin decreased from 30.98% in 2016 to 29.45% in 2017. The main cause stemmed from the duplicated cost of labor between the factory at Laem Chabang and the

No. AC 070/2018 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 14 June 2018 SUBJECT EXPLANATION FOR THE CHANGE IN PERFORMANCE OVER 20

No. AC 070/2562 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 September 2019 SUBJECT EXPLANATION FOR THE DECREASE IN NET PROFIT