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15.0 10.0 5.0 Average Raw material Prices - Thailand Thailand's Corn price (THB/kg) Average Price Y18 Y19 Y20 10.6 9.8 9.8 9.7 9.1 9.0 9.2 9.0 8.6 8.8 9.8 9.2 8.6 % Chg -7% -7% 0.0 Y2018 1Q18 2Q18 3Q18 4Q18 1Q19 Thailand's Soybean Meal price (THB/kg) Y2019 Y2020 2Q19 3Q19 4Q19 1Q20 Current Price Average Price 30.0 Y18 Y19 Y20 25.0 16.5 14.7 14.2 % Chg -11% -3% 20.0 16.3 16.6 17.0 16.1 15.0 14.8 14.6 14.3 14.2 14.1 15.0 Y2018 Y2019 Y2020 10.0 1Q18 2018 3Q18 4Q18 1Q19 2019 3Q19 4Q19 1Q20 Current Price Thailand's Fishmeal price (THB/kg) 55.0 48.4 50.0 41.6 45.0 37.8 36.7 40.0 32.2 35.0 26.6 27.3 27.6 26.7 Average Price Y18 Y19 Y20 41.0 28.4 26.7 % Chg -31% -6% 26.0 30.0 25.0 Y2018 Y2019 Y2020 Source: CPF 20.0 1Q18 2018 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 Current Price P.28

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