-brand increased 8.2% - The sales Revenue of Sabina-brand Non store retailing(online) increased 61.5% - The sales Revenue of Sabina-brand Export increased 42.7% - The sales Revenue from OEM decreased 2.3

onwards to prevent the spread of the virus. As a result, the sales revenue Sabina Retailer, which is expected to be sold in March 2020, is lower than the company's target. Such situation ,the company has

Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the year ended December 31, 2018 To: President The Stock

Company’s sales of bottled domestic energy drink under Carabao Dang trademark (“Carabao Dang”) rose by 0.5% less than the market’s growth rate as the Company rearranged the sales and marketing plan which had

Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the three-month and nine-month period ended September 30, 2019

from Marketing Business of the Company, Bangchak Green Net Co.,Ltd., Bangchak Retail Co., Ltd., and share of profit from associated companies 3/ EBITDA from Power Plant Business of BCPG Plc., its

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Executive summary The overall global economy was projected to slow down significantly due to the COVID-19

Central Retail Corporation Public Company Limited Page 1 Overview of the operating result for the fourth quarter of 2019 The company’s total revenue for the fourth quarter of 2019 was THB 63,405

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company

marketing and promotional expenses for the UK market. With consideration on possible impacts of ICUK performance on CBG, the Company has placed an emphasizes on ICUK’s revenue generation from large grocery in