where a mutual fund supervisor no longer meets the qualifications set forth in the notification of the Office of the Securities and Exchange Commission regarding qualifications of mutual fund supervisors4

SET and a decrease in the Company’s market share from 3.76% in 2016 to 3.27% in 2017. Fees and Service income In 2017, the Company reported fee and service income of Baht 672 million, representing an

Page 1 No. CMC Sor Lor.013/2019 Date 12 November 2019 Re: Management Discussion & Analysis for the Period Ended 30 September 2019 To The President of the Stock Exchange of Thailand (SET

Page 1 of 4 No. RJH – SET 3/2018 26 February 2018 Subject : Management’s Discussion and Analysis for the fourth Quarter of 2017 and year ended December 31, 2017 To : The President The Stock Exchange

Exchange of Thailand (the “SET”). In entering into Komchadluek Business and Trademark Acquisition, the Board of Directors of the Company (excluding the directors those who have vested interest) considers

Machines for the Debenture Debt repayment To: President The Stock Exchange of Thailand Enclosure: Information Memorandum on the Asset Disposal, Schedule 1 of Rich Asia Corporation Public Company Limited

power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans

Exchange of Thailand (SET) and to hold the shareholders’ meeting for the ratification of the aforementioned transaction. Moreover, the Company is required to appoint an independent financial advisor to give

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

demand.Private consumption plummeted due to increasing unemployment, lower household income and higher household debt. Some business sectors have delayed investments in order to maintain some liquidity, and this