term, to ensure that we adopt proper fund-raising strategies. 7 3. Business Directions and Operations of Core Businesses 3.1 Sustainable Development and Corporate Governance Notable progress of KBank’s

Thailand?s supervision on accounting and auditing were ranked second in Asia by Asian Corporate Governance Association (ACGA) in 2012. In addition, the European Commission?s endorsement in 2013 also

year 2018, SAAM Group has other expenses of THB 1.61 million including write-off of deposit and write-off of work in progress of THB 0.71 million and THB 0.90 million, respectively. Such transactions are

progress reached 91%. The project is due to complete in 3Q19. • In February, the Company partnered-up with HKL (Thai Developments) Limited, a subsidiary of a global developer Hongkong Land Holdings Limited

impairment of intangible assets of Baht 16.87 million. However, the management benefit expenses decreased of Baht 4.51 million compared to the same period in last year. The progress of receiving debt repayment

-month Periods Ended 30 June, 2020 Page 4 Progress of Projects under Construction (as of June 30, 2020) Nava Nakorn Power Plant (Extension) Type of Power Plant Firm-Cogeneration SPP Power Plant Type of

ESSE Asoke’ (77% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress, tentative transfer in 3Q19), and ‘The ESSE Sukhumvit 36’ (52% sales progress

relation to a project development under BMP-8 and ii) write-off project in progress of THB 0.42 million. The Group Company had terminated the development of three renewable energy projects in Japan because

end of 2017. Even though deposits recorded slower growth than loans, overall liquidity in the banking system remained plentiful. KBank ranked fourth in assets, deposits and net loans in the commercial

percent at the end of 2018. This resulted in easing liquidity in the banking system. KBank ranked fourth in assets, deposits and net loans in the commercial banking system, with market shares of 13.56