adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. In order to comply with the accounting standard

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary

to The Company 48.29 43.84 10% 224.70 109.75 105% * Non-cash items included depreciation as well as accounting adjustment (ie provision of staff benefit and SW income) Page 2 of 4 outside checkup

........ Year ............. Year ............. Year ............ Total assets Total liabilities Shareholders’ equity Total income Cost Net profits Earnings per share (EPS) Debt/equity ratio (D/E ratio) Return on

customers did not renew the contract and the volume of existing work was declined. Income from debt collection service was 43.28 million baht and 51.55 million baht in 2017 and 2018. In 2018, revenue from

to The Company 64.83 48.29 34% * Non-cash items included depreciation as well as accounting adjustment Page 2 of 4 Revenue from Hospital Operations Revenue from hospital operations of the 2nd quarter

Asset Management Public Company Limited Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3. Management Discussion and Analysis 3.1. Selected Financial Position and

2267 1900 Website: www.bam.co.th Investor Relations Email: ir@bam.co.th https://www.bam.co.th/ mailto:ir@bam.co.th Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3