Management Discussion and Analysis For the first quarter ended March 31, 2020 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66-2495-1366

) (100.00) Net Profit (Excluding Extraordinary Items) 340.61 316.54 24.07 7.60 Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as attached herewith. Please be

Management Discussion and Analysis For the first quarter ended March 31, 2020 (Unreviewed) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66

and continuous declining global economy and the greater range of fluctuation that had a strong effect to maritime industry. Please be informed accordingly. Yours sincerely, Chanet Phenjati President

. The net loss decreased 39.85% The loss from operation was due to the long and continuous declining global economy and the greater range of fluctuation that had a strong effect to maritime industry

net operating loss is equivalent to 15.82% The loss was due to the declining global economy and the greater range of fluctuation that had a strong effect to maritime industry. However, the loss

possesses strong financial position and reliability. It is, therefore, deemed necessary to determine the minimum paid-up registered capital of such person.

______________________________________________________________________ Remark: The rationale for issuing this Notification is to ensure that the person granted a license to be derivatives broker possesses strong financial position and reliability. It is, therefore

issuing this Notification is to ensure that the person granted a license to be derivatives broker possesses strong financial position and reliability. It is, therefore, deemed necessary to determine the

the greater range of fluctuation that had a strong effect to maritime industry. However, the loss decreased substantially. Please be informed accordingly. Yours sincerely, Chanet Phenjati President