Investor Presentaiton

25.0% -5.0% -10.0% Q1'20 Q2'20 Q3'20 15.0% 11.4% 11.8% 11.4% 10.7% 10.0% 25.0% 23.6% 20.4% 20.4% 20.1% 19.0% 18.6% 20.0% 15.9% Oversea-Livestock Q1'22 Q4'21 Q3'21 Q2'21 Q1'21 Q4'20 19.1% 20.0% 17.1% 15.4% 16.0% 14.7% 15.4% 20.0% 13.4% 16.3% 15.9% 15.0% 15.0% 13.1% 13.0% 10.0% 7.7% 7.6% 6.6% 7.2% 10.6% 9.9% 10.2% 5.3% 9.4% 5.2% 4.7% 3.0% 3.4% 10.0% 5.0% 5.8% 6.4% 3.4% 3.9% 5.0% 0.0% -2.2% -6.8% 0.0% Gross Profit Margin & Operating Profit Margin Thai-Livestock GPM OPM ** 25.0% Thai-Aqua GPM OPM** 11.8% -5.0% GPM OPM ** 25.0% -5.0% 20.0% 17.1% 16.8% 14.6% 11.4% 10.9% 15.0% 11.6% 10.8% 10.6% 11.1% 11.1% 9.1% 9.6% 8.6% 8.9% 7.1% 10.0% 7.0% 3.8% 3.7% 3.7% 5.0% 2.5% 1.3% 0.6% -0.8% 0.0% -1.7% Q1'22 Q4'21 Q3'21 Q2'21 GPM OPM ** Q1'21 Q4'20 Q3'20 Q2'20 Q1'20 Oversea-Aqua 5.4% 5.2% 3.3% -0.5% -4.1% 5.0% 0.0% -5.0% Q1'20 Q2'20 Q3'20 Q4'20 **Exclude gain/loss from fair value adjustment of biological assets Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q3'21 Q2'21 -0.5% Q1'21 Q4'20 Q3'20 Q2'20 Q1'20 Q4'21 Q1'22 P. 19

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