-Australia Collinsville Solar PV Pty Ltd, a subsidiary of RAC, signed Financial Agreement with Clean Energy Finance Corporation (CEFC) with the loan amount of AUD 57 million. Management Discussion and Analysis

upcoming aggressive growth in the future. Q3/2017 Finance Costs The Company and its subsidiaries recorded finance costs of Baht 6 million, down 8% YoY, as a result of better interest rate as well as improved

revenues 3,978.12 3,261.44 716.68 22.0 Cost of sale and rendering of services (excluded Fuel Cost) 1,302.41 1,284.73 17.68 1.4 Administrative expenses 396.63 359.70 36.93 10.3 Finance costs 374.40 361.62

of the insurance company; (b) letter of guarantee of a commercial bank, finance company, or financial institution established under a specific law; (c) other collateral prescribed by the Office

law on commercial bank business(CB); □ A finance company under the law on undertaking of finance business, securities business and credit foncier business(FC,FSC); □ A securities company under the law

□ A commercial bank under the law on commercial bank business(CB); □ A finance company under the law on undertaking of finance business, securities business and credit foncier business(FC,FSC); □ A

loss of THB 254mn, mainly from higher finance cost, due to (i) the full quarter consolidation of the acquired hotel business in Europe in which the foreign exchange (FX) loss from loans revaluation and

, increasing 0.2% YoY, which is all-time highest number.  Total revenue from core business was Bt3,147mn, decreasing 5.7% YoY.  Number of “Boonterm kiosk” was 130,481, increasing 0.3% YoY.  Banking agent

profit was Bt104.3mn, decreasing 28.2% YoY • Total revenue from core business was Bt667mn, decreasing 17.1% • Banking agent business (of which the Company is the agent for 6 commercial banks: KTB, KANK

value of Hero Experience which evaluated by the SIMS Property Consultants Co., Ltd. appointed by the Company, the independent valuer which is approved by the Securities and Exchange Commission that it