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Investor Presentaiton

Y2020 Outlook Growth Target Expected sales growth of approximately 8-12% excluding FX translation impact Key Drivers & Focus Higher average domestic meat prices of swine Swine shortage due to African swine fever (ASF), rising momentum of swine prices especially in Vietnam Improving overseas aquaculture businesses performance Opportunities from new normal after COVID-19 raise demand for food safety products. ■ Focusing on efficiency improvement and prudent investment Key Challenges Impact of COVID-19 on consumption and global economy Impact of drought in Thailand Balancing domestic chicken parts for different markets ■ African swine fever (ASF) outbreak in multiple countries ■Foreign exchange volatility Investment ■Capex of approximately THB 25 billion (excluding M&A) P.16
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