1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

existing registered capital of Baht 389,968,760 to Baht 589,968,760 by means of issuing 200,000,000 newly-issued ordinary shares with a par value of Baht 1.00 per share in order to accommodate the allocation

Board of Directors deems it appropriate to fix the base price at the asset assessment value recommended by the asset appraiser in order to obtain a certain price range. Due to the fact that the sale of

development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient cost management to its businesses. Furthermore, CPN is currently considering asset transfers into

allocation of the newly-issued shares for a consideration of the additional purchase of shares, the Company will convene the Board of Directors’ Meeting in order to amend the details of the allocation of the

V3 22/02/61 10:09 น. 0 V3 22/02/61 10:09 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2017 In 2017, Thailand’s real GDP grew by 3.9 percent, up

1.6 percentage growth in airline business. However, during the period, the Company has implemented cost reduction plans including flight management strategy. That was a result of improving of passenger

transfer, UE will proceed with dissolution and commence liquidation within the same fiscal year in which the entire business transfer will take place in order to be in accordance with the rules, procedures

AIS PLAY video platform, AIS has started to implement a fixed-mobile-content (FMC) convergence strategy to acquire/retain quality customer segments in order to increase revenue per household in the long

revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis