73 1 / 4 (Translation) Ref. MD.005/2020 28th February 2020 Subj Management Discussion and Analysis (MD&A) of 2019 (Edit) Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and

73 1 / 4 (Translation) Ref. MD.005/2020 28th February 2020 Subj Management Discussion and Analysis (MD&A) of 2019 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary

relocation may give rise to the duplicated cost of labor between the factory at Laem Chabang and the new factory at Amata City to incur. In addition, during such period, the new factory was in the early stage

costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory. In addition, the new factory was in the early stage of production; therefore, the production was

new factory at Amata City provided that such costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory during the first half of 2017. Moreover, an

increase in the coming Q2-3/2020. The subsidiary in the Philippines is affected by the relocation of production base of its main customer back to Thailand, resulting in a huge reduction in revenue. By the

labor between the two (2) factories which are located at Laem Chabang and the new factory at Amata City. Such costs incurred during relocation of the production lines of sauces and condiments to the new

from the total usage amount that increased in line with the increasing number of kiosks and new services but decreasing 2.8% QoQ, due to the kiosks relocation scheme and the impact of seasonal factor. 2

still have a cost of compensation and early retirement of employee during the woven bag production base relocation. But in overall the expenses still less than in 2018. 5. Loss from sales and asset’s

factory at Amata City provided that such costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory in the first half of 2017. Moreover, an increase in prices