also featured SEC Chairman’s opening speech, SEC Secretary-General’s overview of the strategic plan, and SEC Management’s presentations on key developmental areas. SEC Chairman Voravidh

operations of the Company is negative, the transaction size, based on net profit from operations was not calculated. In summary, the total transaction size of items 1, 3 and 4 is equal to 2.26 percent

1 of 9 Management’s Discussion and Analysis for the performance of the year 2019 Business Overview For the ended of the year 2019, S Hotels and Resorts Public Company Limited (“the Company”) had total

nine-month of the year 2016 ended September 30, 2016. The Company’s overall performance can be summarized as follows. DCORP would like to summarize the overview of the consolidated company’s performance

Company Limited Management Discussion and Analysis for the Quarter Ended on June 30, 2019 3 Overview Operational Results Between the second quarter of the year 2019 and 2018 (Unit: Million Baht) Description

March, 2020. The details are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of Revenue from sale – net for the 1st quarter 2020 under the situation of the Outbreak of

(SHR_2020_CS-02_022) Management’s Discussion and Analysis for the performance of the six months ended of the year 2020 Business Overview For the six months ended of the year 2020, S Hotels and Resorts Public

-02_012) Management’s Discussion and Analysis for the performance of the three months ended of the year 2020 Business Overview For the three months ended of the year 2020, S Hotels and Resorts Public

million from the recognition of GLOW’s performance, reflecting strong growth in both the operation of the two businesses and the Company’s net profit, which increased by Baht 659 million. Executive Summary

Front End Fee Amortization of Baht 240 million as a result of the adjustment of short-term loan repayment plan of Baht 74,000 million in October 2019. Executive Summary Q3/2019 Operating Highlights Baht