partly from the change due to TFRS 9 interest income calculation based on effective interest method. Yield on loan for 3Q20 increased slightly to 7.1% from 7.0% yoy. Interest expense totaled Baht 1,175

. Meanwhile, government spending has expanded at a lower rate due partly to the delayed enactment of the Annual Budget Expenditures Act B.E. 2020. For the Thai economy, key factors such as the global economic

environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly

training to develop the skills of their employees. (2) Consumers will change the value and nature of their consumption patterns. Normally, people consume less as they get older but products and services that

31.0% EBIT -37 -23 -14 -60.9% 312 52 260 500.8% Net profit (loss) -60 -55 -5 -9.9% 170 -23 193 840.6% EPS (THB) -0.072 -0.065 -0.006 -9.9% 0.202 -0.027 0.229 840.6% Change Change Dusit Thani PLC

Society Hill Tianjin (China) and The Beach Club at Lubi Plantation Island, Managed by Dusit (Philippines). Unit: THB mn 4Q18 4Q17 Change FY18 FY17 Change Hotel business 1,298 1,278 20 1.6% 4,626 4,590 36

= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

per visit increased to over THB 1,600. Despite the slight Operation : Consolidated Profit & Loss Statement 1Q 1Q % Unit : THB million 2019 2018 change Revenue from non-social security 248.35 218.24 14

of June 30th, 2024, which can be summarized as follows: 1) Profit & Loss Analysis : Q2 2024 (3 Months) (Unit : Million Baht unless otherwise stated) Q2 2024 Q2 2023 Change Amount % Change Total

has been reclassified to maintenance cost. This, partly, has been a contributing factor of increased maintenance cost reported in Q1/2020 onwards. Key revenue drivers Q3/19 Q2/20 Q3/20 Change +/(-) 9M