1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 2Q20 (affected by Covid-19 pandemic and measurements from government) • Net

lessen countrywide spread control measurements, Thai economy was slowly recovering from the world economy contraction. Private consumption slightly recovered from the ease of measurements. Export sector

obsolete equipment. Gross profit margin increased from 32.1% to 34.7% from favorable energy prices. Total expenses were Baht 981.1 million, decreased by 26.5% from controlled spending measurements. As a

a number of measurements to control selling and administrative expenses as mentioned above. 3/5 Oishi Group Financial Performance for the nine-month period ended June 30, 2020 Revenue Total sales and

business/ restaurants. • However, regarding to COVID 19 measurements in March, sales from rice business were adjusted in positive results, while food center business were presented in negative results

expenses presented at Baht 63.6 million, and administrative expenses presented at Baht 32.8 million, decreased by 12.9% and 29.4% respectively, due to expense controlled measurements.  Loss on Foreign

business and consumer segments, and can be lingering for the extended period. Thai government has issue many measurements to alleviate the effect, including a free data package and a free voice package to

government has announced various measurements ,which attributed to increasing of methyl ester and crude palm oil demand in Thailand. For natural fatty alcohols market, in 2Q/2019, it was better than 2Q/2018

measurements directly affect with the business of Wuttisak Clinic Intergroup Co., Ltd. (“Wuttisak Clinic” or “WCIG” indirect subsidiary, hold share by WCI Holding PCL) to close all branches resulting in lack of

the biodiesel mandated at B7 in this quarter. In addition, the government has announced the various measurements to enhance the consumption of B20, for instance, supporting the use of B20 in public