Management Discussion and Analysis For the fourth quarter and year ended December 31, 2019 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED 30

1 Ref FN. 007/2020 Management Discussion and Analysis For operation of the year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

 are well known and have good reputation in the IC, and electronics industry.    Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful.  Accounts

 reputation in the IC, and electronics industry.    Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful.  Accounts receivable days were 59 days in Q317

After You Pcl . 1319/9 Pattanakarn Rd . Suanluang, Bkk 10250 Thailand E-mail : ir@afteryou .co .th www .afteryoudessertcafe .com Page 1 of 4 Ref. AU 7 /2019 13 May 2019 Subject: Management Discussion

management believe may be doubtful. Accounts receivable days were 66 days in Q119 and 65 days in Q118. Trade Receivables 31-Mar-19 31-Mar-18 THB '000 Less than 3 months 3,638,692 3,601,360 3 - 6 months 19,982

 outstanding over 90 days and amounts which the management believe may be doubtful.  Accounts receivable days were 63 days in Q219 and 68 days in Q218. Trade Receivables  30‐Jun‐19 30‐Jun‐18 THB '000 Less than 3

ที่ FPI Ref. FPI.006/2019 14 August 2019 Subject : Management Discussion & Analysis of Performance Results of Quarter 2/2019 To : Board of Directors and President of The Stock Exchange of Thailand