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REPORT ON THE DISCLOSURE OF ADDITIONAL INFORMATION

(FORM 56 – 1)

Submitted to

OFFICE OF THE SECURITIES AND EXCHANGE COMMISSION

OF

CHIANGMAI FROZEN FOODS PUBLIC COMPANY LIMITED

FOR THE YEAR ENDED OF DECEMBER 31, 2012

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| 1 | General information                                       | 4    |
+---+-----------------------------------------------------------+------+
|   | Shares in juristic persons held by the company from 10%   | 4    |
|   | upwards                                                   |      |
+---+-----------------------------------------------------------+------+
|   | Other referred juristic persons                           | 5    |
+---+-----------------------------------------------------------+------+
|   | Summary financial information of the company              | 5    |
+---+-----------------------------------------------------------+------+
| 2 | Risk                                                      | 6    |
+---+-----------------------------------------------------------+------+
|   | Producing                                                 | 6    |
+---+-----------------------------------------------------------+------+
|   | Conducting business                                       | 6    |
+---+-----------------------------------------------------------+------+
|   | Exchange rate                                             | 6    |
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|   | Quality products                                          | 7    |
+---+-----------------------------------------------------------+------+
|   | Management                                                | 7    |
+---+-----------------------------------------------------------+------+
|   | Financial                                                 | 7    |
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|   | Investment                                                | 8    |
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| 3 | Business character                                        | 8    |
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|   | 1)  Change and development significant                    | 8    |
+---+-----------------------------------------------------------+------+
|   | -   Change of authority in controlling the company        | 9    |
+---+-----------------------------------------------------------+------+
|   | -   Change of holding structure, management or conducting | 9    |
|   |     business in the passed 3 years                        |      |
+---+-----------------------------------------------------------+------+
|   | -   Important incident in 2012                            | 9    |
+---+-----------------------------------------------------------+------+
|   | 2)  To carry on business of the company                   | 9    |
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|   | 3)  Structure of revenue                                  | 9    |
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|   | -   Subsidiary company                                    | 10   |
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|   | -   Business target                                       | 10   |
+---+-----------------------------------------------------------+------+
| 4 | To Carry on business of each products                     | 11   |
+---+-----------------------------------------------------------+------+
|   | 1)  Character of products or service                      | 11   |
+---+-----------------------------------------------------------+------+
|   | -   Privileges or limitation in conducting business       | 11   |
+---+-----------------------------------------------------------+------+
|   | 2)  Marketing and competition condition                   | 12   |
+---+-----------------------------------------------------------+------+
|   | -   Previous year marketing                               | 12   |
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|   | -   Marketing tactics                                     | 12   |
+---+-----------------------------------------------------------+------+
|   | -   Important of competitive tactics                      | 12   |
+---+-----------------------------------------------------------+------+
|   | -   Advantages                                            | 13   |
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|   | -   Disadvantages                                         | 13   |
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|   | -   Target customers                                      | 13   |
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|   | -   Pricing policy                                        | 13   |
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|   | -   Distribution and distribution channels                | 13   |
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|   | -   Overseas                                              | 13   |
+---+-----------------------------------------------------------+------+
|   | -   Domestic                                              | 14   |
+---+-----------------------------------------------------------+------+
|   | -   Nature of customers                                   | 14   |
+---+-----------------------------------------------------------+------+
|   | -   State of competition                                  | 14   |
+---+-----------------------------------------------------------+------+
|   | 3)  Arrangement and services                              | 14   |
+---+-----------------------------------------------------------+------+
|   | -   Production capacity, production volume and production | 15   |
|   |     value                                                 |      |
+---+-----------------------------------------------------------+------+
|   | -   Buying portion of raw material                        | 15   |
+---+-----------------------------------------------------------+------+
|   | -   Affects on environment                                | 15   |
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|   | 4)  Undelivered goods                                     | 16   |
+---+-----------------------------------------------------------+------+
| 5 | Assets for business operation                             | 16   |
+---+-----------------------------------------------------------+------+
|   | -   Future project                                        | 17   |
+---+-----------------------------------------------------------+------+
| 6 | Legal disputes                                            | 17   |
+---+-----------------------------------------------------------+------+
| 7 | Capital structure                                         | 17   |
+---+-----------------------------------------------------------+------+
|   | 1)  Security of company                                   | 17   |
+---+-----------------------------------------------------------+------+
|   | 2)  Shareholders                                          | 18   |
+---+-----------------------------------------------------------+------+
|   | 3)  Dividend payment policy                               | 18   |
+---+-----------------------------------------------------------+------+
|   | -   Rights and equality of shareholders                   | 20   |
+---+-----------------------------------------------------------+------+
|   | -   Shareholders’ meetings                                | 20   |
+---+-----------------------------------------------------------+------+
|   | -   Basis and method of casting a vote in electing        | 21   |
|   |     director                                              |      |
+---+-----------------------------------------------------------+------+
| 8 | Management                                                | 21   |
+---+-----------------------------------------------------------+------+
|   | 1)  Structure of Management                               | 21   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Company                                      | 21   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Audit Committee                              | 22   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Executive Directors                          | 22   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Nomination and Remuneration Committee        | 22   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Corporate Governance Committee               | 23   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Risk Management Committee                    | 23   |
+---+-----------------------------------------------------------+------+
|   | -   Executive Officers and Manager                        | 24   |
+---+-----------------------------------------------------------+------+
|   | -   Directors – Subsidiary Company                        | 24   |
+---+-----------------------------------------------------------+------+
|   | -   Biography of the Directors                            | 25   |
+---+-----------------------------------------------------------+------+
|   | -   Change on holding securities of company director in   | 30   |
|   |     the cycle year of 2012                                |      |
+---+-----------------------------------------------------------+------+
|   | -   Limit of duty authority of Board of Company           | 31   |
+---+-----------------------------------------------------------+------+
|   | -   Balance of power for non-executive directors          | 31   |
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|   | -   Aggregation or segregation of positions               | 32   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Directors’ Meeting                           | 32   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Sub Committees                               | 33   |
+---+-----------------------------------------------------------+------+
|   | -   Meeting attendance of each director concludes         | 35   |
+---+-----------------------------------------------------------+------+
|   | -   Meeting attendance of each sub-company concludes      | 36   |
+---+-----------------------------------------------------------+------+
|   | -   Board of Company’s report                             | 36   |
+---+-----------------------------------------------------------+------+
|   | 2)  Selection of directors and executives                 | 37   |
+---+-----------------------------------------------------------+------+
|   | -   Self-assessment of Board of Company                   | 38   |
+---+-----------------------------------------------------------+------+
|   | 3)  Remuneration for Directors and Executives             | 38   |
+---+-----------------------------------------------------------+------+
|   | -   Remuneration in value                                 | 38   |
+---+-----------------------------------------------------------+------+
|   | -   Other remuneration not in value                       | 39   |
+---+-----------------------------------------------------------+------+
|   | -   Audit fee                                             | 39   |
+---+-----------------------------------------------------------+------+
|   | 4)  Policy on Corporate Governance                        | 39   |
+---+-----------------------------------------------------------+------+
|   | -   Leadership and Vision                                 | 40   |
+---+-----------------------------------------------------------+------+
|   | -   Conflict of interest                                  | 40   |
+---+-----------------------------------------------------------+------+
|   | -   Various groups of stakeholders                        | 41   |
+---+-----------------------------------------------------------+------+
|   | -   Business Morality                                     | 41   |
+---+-----------------------------------------------------------+------+
|   | -   Corporate Governance                                  | 41   |
+---+-----------------------------------------------------------+------+
|   | -   Company Secretary                                     | 42   |
+---+-----------------------------------------------------------+------+
|   | -   Society and Environment                               | 42   |
+---+-----------------------------------------------------------+------+
|   | -   Relations with investors                              | 43   |
+---+-----------------------------------------------------------+------+
|   | 5)  Usage control of inner information                    | 43   |
+---+-----------------------------------------------------------+------+
|   | 6)  Personnel                                             | 44   |
+---+-----------------------------------------------------------+------+
| 9 | Controlling system and Internal Audit                     | 45   |
+---+-----------------------------------------------------------+------+
|   | Risk Management                                           | 45   |
+---+-----------------------------------------------------------+------+
| 1 | Interrelated transactions                                 | 45   |
| 0 |                                                           |      |
+---+-----------------------------------------------------------+------+
|   | Conflict of Interest                                      | 45   |
+---+-----------------------------------------------------------+------+
| 1 | FINANCIAL STATUS AND OPERATION PERFORMANCE                | 48   |
| 1 |                                                           |      |
+---+-----------------------------------------------------------+------+
|   | 1)  Financial Statements                                  | 48   |
+---+-----------------------------------------------------------+------+
|   | a)  Report of the Independent Auditor                     | 48   |
+---+-----------------------------------------------------------+------+
|   | b)  Summary of Financial Statements                       | 55   |
+---+-----------------------------------------------------------+------+
|   | c)  Financial Ratios                                      | 61   |
+---+-----------------------------------------------------------+------+
|   | 2)  Explanation and analysis financial situation and      | 63   |
|   |     operation result                                      |      |
+---+-----------------------------------------------------------+------+
|   | a)  Practical result in business proceeding               | 63   |
+---+-----------------------------------------------------------+------+
|   | b)  Operation result                                      | 63   |
+---+-----------------------------------------------------------+------+
|   | c)  Financial situation                                   | 64   |
+---+-----------------------------------------------------------+------+
|   | d)  Factor and main influence that may affect on          | 65   |
|   |     operation                                             |      |
+---+-----------------------------------------------------------+------+
| 1 | Other concern information                                 | 65   |
| 2 |                                                           |      |
+---+-----------------------------------------------------------+------+
|   | Certification of Correct Information                      | 66   |
+---+-----------------------------------------------------------+------+
|   | Details of Executives and Authorize Supervisors           | 67   |
+---+-----------------------------------------------------------+------+
|   | Details of Directors and Company Executives and           | 70   |
|   | Interrelated Transaction                                  |      |
+---+-----------------------------------------------------------+------+
|   | Information Summary of Subsidiary Company                 | 71   |
+---+-----------------------------------------------------------+------+
|   | Internal Control Report on Accounting                     | 72   |
+---+-----------------------------------------------------------+------+
|   | Clarification of Chairman of the Audit Committee          | 73   |
+---+-----------------------------------------------------------+------+