No. TorChor. 20/2008 Re: the Criteria for Making Significant Transactions that are Considered as the Acquisition or Disposal of Assets, dated 31 August 2008 (including the amendments thereof) and the

of the two companies together. For Q1/2020, there are important factors and significant events in various aspects, such as the depreciation of the Thai Baht against the US Dollar, the decrease in price

Global and Thai Economy in the Third Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 2 2. Risk Management and Risk Factors 5

Significant regulatory changes in the second quarter of 2018 that may have affected KBank’s and K Companies’ business operations included:  The Emergency Decree on Digital Asset Businesses, B.E. 2561 (2018

as an acquisition of assets under the Notification of the Capital Market Supervision Board No.TorJor. 20/2551 Re: Rules for Significant Transactions Constituting an Acquisition or Disposal of Assets

2018 with installed capacity of 50 Megawatt. Significant events in Q4/2017 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 4 During January and April of 2018

fairly. Significant Events in Q3/2018 3 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 • Honor Trophy and Certificate on Greenhouse Gas Mitigationand 2018 Top Innovative

. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited

(including models and key assumptions) and significant changes to the credit rating methodologies. For example, a CRA should assess whether existing credit rating methodologies and models for determining

practical innovation including innovation competition “EGCO Group Innovation Team Challenge”. 2. Significant events in 2018 2.1 The progress in construction projects - Xayaburi Project, a project of the