. Revenues from residential management program. 1 2 3 4 The company has reaped the benefits from well diversified business policy, which able to generate revenue from the property development business and

to adjust the cost. Payment, will be on 2019 after the board approves. Opinion of Board of Directors including Audit Committee The Board of Director’s meeting, where there was no directors who have

promoting expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the second quarter 2020, the administrative expenses at Baht 43.47 million, decreased

amount of 52.64 million baht, as subsidiary, Grace Water Med Company Limited (“GWM”), operating business of producing and selling dialysis solutions and various medical supplies, which decreased from the

hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

eToro : Unlicensed securities and derivatives businessUnlicensed digital asset business (Disclosure Date : 21/07/2020)

: Unlicensed securities and derivatives businessUnlicensed digital asset business (Disclosure Date : 21/09/2021)

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Exclusion of Credit Rating Agency Business from Securities Business in the Category of Securities Investment Advisory