(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED AND AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SECOND

CSL (1) Acquisition proportion NTA of the Company (2) = 1.62% 2. Comparison of net profit CSL’s net profit(3) Acquisition proportion The Company’s net profit (4) = 1.06% 3. Comparison of total value of

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

3.72 Remark 1 Operating revenue excludes profit from the debt restructuring, profit from the debt reduction by the creditor, and other profits. 2 Information is retrieved from the cash flow statement

- 17. หนี้สินทำงกำรเงินท่ีก ำหนดให้แสดงด้วยมูลค่ำยุติธรรม (Financial liabilities designated at fair value through profit or loss) หมายถึง หนี้สินทางการเงิน เช่น เงินรับฝาก ตั๋วแลกเงิน ต๋ัวสัญญาใช้เงิน

Company’s consolidated financial statement ended 31 December 2018. However, the Board of Directors has considered that the investment cost is a part of the same project that has been ratified by shareholders

Notification: (1) “underlying share,” “listed company,” “subsidiary company,” “institutional investor,” “registration statement,” and “electronic data” shall have the same meaning as defined in the Notification

and Managing Director 4. Summary of financial statements of VAVA Statement of financial position Unit : Million Baht Items Statement of financial position 31 Dec 14 31 Dec 15 31 Dec 16 Assets : Current

tangible asset value (NTA) NTA of investment in the company x the acquired portion x 100 / NTA of the listed company N/A 2. Net profit Net profit from the operating result of acquired or disposed company x

INFORMATION A. Memorandum and Articles of Association × B. Material Contracts × C. Exchange Controls × D. Statement by Experts × E. Sign offs or consents from persons advising the issuer in the preparation of