’ Meeting No. 3/2018 of Bangchak Corporation Public Company Limited (the “Company”) held on Wednesday, February 28, 2018, has resolved to approve the following material matters: 1. Approved to propose to the

2008 to address concerns about the role of CRAs in the wake of the financial crisis, and again in 2015 to take into account the CRA registration and oversight programs implemented by IOSCO members. A-4

, the Company’s financial advisor, the Company’s Board of Directors is of an opinion that the Company shall enter into the Entire Business Transfer Transaction by way of: (1) Allocating the Company’s

in SUTG of the total 66.00 per cent on the date of entire business transfer. By comparing a fair value of SUTGH and the Company, by the TMB Bank (Public) Company Limited, the Company’s financial

Company’s financial advisor which show result of of THB 460,000,000. By comparing a fair value of SUTGH, the Company’s Board of Directors is of an opinion that the Company shall enter into the Entire Business

” “TBMA” (Thai Bond Market Association) “TSFC” . (Securities Finance Corporation) “TSR” (Transferable Subscription Right) “underlying” “WFE” World Federation of Exchanges 1 1. : 1.1. ( ) : 86 1.2

long-term loan from Financial Institutions in 2019. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 6 Net Profit In 4Q19, the Company had the net profit including

45.4% yoy and Baht 118 million for FY2019, increased by 81.5% yoy. This increase was from the interest expense from bond issuance in 3Q18 and from more short-term and long-term loan from Financial

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 Note: This Management Discussion and Analysis (MD&A) was

licensed or regulated by the SEC Thailand : Management company Licensed bank/ Financial institution Licensed securities company Licensed institution/ Corporation/ Organisation (e.g. insurance company) Other