Management Discussion and Analysis For the second quarter and six months ended June 30, 2018 (Unaudited) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

Management Discussion and Analysis For the second quarter and six months ended June 30, 2018 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel

Management Discussion and Analysis For the third quarter and nine-month period ended September 30, 2018 (Unreviewed) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

Management Discussion and Analysis For the third quarter and nine-month period ended September 30, 2018 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

declining from 7.4% to 7.3% yoy while cost of fund remained stable at 2.3% yoy for Q418. Net fee and service income totaled Baht 1,314 million, increasing 12.4% yoy. The fee from Asset Management business

104.20 Other Income 29.2 2.86 30.2 1.47 1.0 3.21 Total Revenue 1,020.5 100.00 2,054.4 100.00 1,033.9 101.31 Operating Expenses Cost of real estate sold 548.8 53.78 1,085.1 52.82 536.3 97.72 Selling and

of Thailand Enclosure : 1. Financial Statements for the Years ended 31 December 2018 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Audited

Thailand Enclosure : 1. Financial Statements for the first quarter ended March 31,2019 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed Financial

5.03 Rental and Services Revenue 106,052 76,312 29,740 38.97 Gross Profit 56,739 41,954 14,785 35.24 Gross profit margin (%) 53.50 54.98 (1.48) (2.68) Golf Services & Property Management Revenue 37,795

Smart Service Public Company Limited (FSMART) FY2019 Management Discussion and Analysis Costs and Expenses 1) Cost of services in FY2019 was Bt2,491.76mn, representing 79.2% of total revenues from core