51.99 million or 94.31% Impact from the COVID-19 pandemic The COVID-19 pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the

pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the GDP growth in the year of 2020 as well as how and when the economic

until the gross profit being reported differently from the previous periods Operating Highlights in Q4/2019 & 2019 Q4/18 Q3/19 Q4/19 Change +/(-) 2018 2019 Change+/(-) (Unit: Million Baht) QoQ YoY

from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent

/2020 Operating Results Overall operating results of the Company and its subsidiaries (unit: THB million) Q3/19 Q2/20 Q3/20 change +/(-) 9M/19 9M/20 Change +/(-) YoYYoY QoQ Operating revenue 19,227 18,138

Economic Outlook of the International Monetary Fund for October 2019 cut this year’s global economic growth projection to 3.0 percent from the previous forecast of 3.2 percent. The figure is the lowest

competitors, competitiveness and potential, the names of the competitors (not required unless there is only one or a few competitors being market leaders), market trends and competitive forecast. 2.2.3

indicated more optimism by revising upwards their GDP growth forecast for 2017 to 3.5% from 3.2% that was estimated at end of 2016. IMPORTANT EVENTS IN 1Q 2017/18 June 2017  Master Ad Company Limited (“MACO

merchandise exports, resulting in an expected economic growth at the rate 4.0% which is higher than the previous forecast of 3.5%. Economic outlook for 2017 Thai economy is expected to grow at rate 4.2

ควบรวมกิจการ (Synergy forecast) การอธิบายขอ้สมมุติฐาน ประกอบการจัดทําประมาณการณ์ทางการเงนิ (Financial forecast assumptions) การวเิคราะหภ์าวะอตุสาหกรรม (Industry status and valuation) ฯลฯ และจัดเตรยีมกา