of Loan : 12 months Payment of Interest : Every Month Payment of Principal : Principal of payment at 1 year Collateral : None 4. Objective Working Capital for development of projects. 5. Total Value

. According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of

13.5% to THB 44mn • Dividend payment of 0.02 per share to be paid on 17 May 2019 KEY BUSINESS UPDATE THAILAND • MACO has completed the digital installation of its street furniture media at 23 BTS

during the period were from the net profit amounting to Baht 200.70 million and dividend payment of Baht - 218.92 million. Therefore, portions of company shareholding interest and non-controlling interest

Size = Value of consideration paid or received x 100 Total assets of the Company = (1,462.48 x 100) / 8,982.701/ Million Baht 16.28% 4) Value of securities issued for payment of assets Could not be

1Q19 and 2Q19 for BT294.76mn. and dividend payment of Bt249.60mn. Key Financial Ratio Quarter Quarter Quarter 2/2018 1/2019 2/2019 Current ratio 0.53 0.63 0.61 Debt to Equity ratio 2.35 1.75 1.84

, Myanmar and Philippines. Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 2 On 23 April 2018, the annual general shareholders’ meeting approved a 2017 dividend payment of THB 134.3

due to advance payment and payment to the new office and warehouse construction contractor of Baht 28.62 million, Bonus payment to employees Baht 11.59 million and the acquisition of franchise rights

million, or a decrease of 6% compared to the total shareholders’ equity as at 31 December 2017, which was Baht 2,720 million. The change was due to the net profit for the period, the dividend payment to the

were from the net profit amounting to Baht 56.90 million and dividend payment of Baht -26.40 million. Therefore, portions of company shareholding interest and non-controlling interest of subsidiary stood