R&B Food Supply Public : Report of Utilization the Capital Increase from IPO (No. 6) ended on June 30, 2022

บริษัท อาร์แอนด์บีฟ้ดู ซัพพลาย จากัด (มหาชน)

R&B FOOD SUPPLY PUBLIC COMPANY LIMITED

July 5, 2022

Subject: Report of Utilization the Capital Increase from IPO (No. 6) ended on June 30, 2022

Attention: President

The Stock Exchange of Thailand

R&B Food Supply Public Company Limited (RBF) completed the Initial Public Offering (IPO) during October 16-18, 2019, for 520 million shares, 3.30 Baht per share, 1,716 million baht in total after deducting Underwriting fee and other related fees and as of June 30, 2022 the company has spent the IPO capital for the amount of 1,470. 22 million bath, and the remaining balance is 194.92 million baht.

The company would like to summarize the detail of expenditure (No.6) during January 1, 2022 to June 30, 2022 as the followings.

		Actual Spending	Remaining	Actual Spending	Remaining
		Amount Between at	Amount at	Amount Between at
	IPO Proceeds/*	Amount at
Objective	October 24, 2019	December 31,	January 1, 2022 to
(Million Baht)	June 30, 2022
	to December 31, 2021	2021	June 30, 2022
		(Million Baht)
		(Million Baht)	(Million Baht)	(Million Baht)
1. Investment of foreign	200.00-250.00	131.41	68.59-118.59	37.32	31.27-81.27
manufacturing plants.
2. Improvement and brand new	120.00-130.00	63.81	56.19-66.19	0.00	56.19-66.19
manufacturing machines.
3. Investment of new foreign	20.00-25.00	0.00	20.00-25.00	0.00	20.00-25.00
distributor offices and labs.
4. loan settlement for	449.86 /*	449.86	0.00	0.00	0.00
shareholders.
5. Working capital in business.	810.28-875.24/*	783.44	26.84-91.84	4.39	22.45-87.45
	1665.14	1,428.50	236.63	41.72	194.92

Note /* At the 2020 Annual General Meeting of Shareholders on July 31, 2020, it resolved to acknowledge the change in the objectives of IPO by using the money from loan repayment to the major shareholder of 50.14 - 150.14 million baht to be used as working capital. This is because the company has fully repaid the loan to the major shareholder.

Please be informed accordingly.

Yours Sincerely,

(Mr. Suranart Kittirattanadetch)

Chief Financial Officer

R&B Food Supply Public Company Limited

สำนักงำนใหญ่: 77 ซอยโพธิ์แกว้ 3 แขวงคลองจัน่ เขตบำงกะปิ กรุงเทพมหำนคร 10240

Head Office : 77 Soi Pho Kaeo 3, Klongchan, Bangkapi, Bangkok 10240 Thailand.

Tel : [phone] Fax. : [phone] เลขประจ ำตัวผู้เสียภำษี0-1075:-61000-37-4