improving domestic economy. Our domestic market growth is also supported by our cash van strategies which lifted up our distribution coverage over the traditional trade channel in key trade regions. This

driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

Thailand and NESDB, overall Thai economy in 2018 expanded by 4.1%, higher than 4.0% growth in 2017. This was mainly from acceleration of private consumption and investment, as well as improving domestic

results  In Q2/2017, the Company and its subsidiary recorded total sales of Baht 1,370 million, a decrease of 21% YoY due to the slowdown in domestic sales and CMG business. However, Branded export sales

: Quarterly results  In Q3/2017, the Company and its subsidiary recorded total sales of Baht 1,500 million, a decrease of 15% YoY due to the slowdown in domestic branded and export CMG sales. However, export

) Quarterly Change 1/2018 1/2017 % Sale Domestic Sale 106.6 136.8 (22.0) Export Sale 295.2 376.0 (21.5) Total Sale 401.8 512.8 (21.6) Foreign Exchange Gain 6.1 1.0 533.3 Other Income 0.8 1.5 (45.9) Total

 In Q4/2017, the Company and its subsidiary recorded total sales of Baht 1,531 million, an increase of 2% YoY, following growth from domestic CMG launching new products as well as continue growth from

number of restaurants and bakery shops in domestic and overseas countries. The growth of the same store sales of domestic restaurants and bakery shops under the brand “S&P” decreased by 4.00 percent. For

million, increased by 3.1% compared to the same quarter last year. Total sales were Baht 510.1 million, increased by 4.5%. The contributions were from domestic sales 22.5% and export sales 77.5%. Gross

Covered Entity located in the other Authority’s jurisdiction for supervisory purposes. (g) “Domestic Law” means any applicable laws, ordinances and other regulations or requirements in each Authority’s