-Translation- Ref. No. PorBor.025 / 2019 August 28, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s Land and Buildings for the Debenture Debt repayment (Additional) To: President

securities business, having obtained an approval to establish from and having registered [such establishment] with the SEC Office; (2) an association relating to supervision of a derivatives intermediary, of

to establish from and having registered [such establishment] with the SEC Office; (2) an association relating to supervision of a derivatives intermediary, of which objectives is for promoting and

group companies have a financial obligation to maintain the debt to equity ratio. Despite an increase in debt obligations for Carnival Magic Project, the group companies are certain that Carnival Magic

Project, both Phuket Fantasea and Carnival Magic prioritize on the suitability of each company’s financial structure, which the group companies have a financial obligation to maintain the debt to equity

September 30, 2019 December 31, 2018 Current Ratio 8.2 8.1 Debt to Equity Ratio 0.1 0.1 Million Baht Nine-Month Period 2019 2018 Cash and Cash Equivalent on 1st January 291.7 24.3 Net Cash Provided (Used in

9.7 Current Ratio (times) 1.96 2.12 Debt to Equity Ratio (times) 0.65 0.79 As of June 30, 2017, total assets presented at Baht 3,071.4 million, increased by 1.8% comprised of current assets of Baht

-term loans 210 million baht. Unit : Times Date 30 June 2017 31 December 2016 Current Ratio 3.3 2.3 Debt to Equity Ratio 0.2 0.3

high liquidity. The debt to equity ratio of the Group was at 0.11 times, the proportion of the liabilities was low.

2017 31 December 2016 Current Ratio 3.6 2.3 Debt to Equity Ratio 0.2 0.3