. Management Discussion and Analysis 2.1. Selected Financial Position and Operating Results 2.2. Cash Collection from NPLs and NPAs Management Businesses 2.3. Vintage Analysis 2.4. NPLs by Portfolio

(the “Company”) would like to inform you that, in accordance with the resolutions of the Board of Directors’ Meeting No. 10/2017 held on October 30, 2017 and the Extraordinary General Meeting of

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2017 (Unit : M ill ion Baht) 2017 2016 Inc./(Dec

following scope: □ category of underlying products or underlying variables (i.e., financial instrument/ commodity/interest rate/index etc.) …………………………………………………… □ category of counterparty ( i.e. general

: □ No □ Yes, please specify the following scope: □ category of underlying products or underlying variables (i.e., financial instrument/ commodity/interest rate/index etc.) …………………………………………………… □ category

selling and administrative and able to manage normal operations to be within the same criteria. For the financial cost which increased amount THB 1.2 MB, most of which increased from interest from bank

outlook in 2020, from a decrease of 5.5% to a decrease of 8.1%, as well as lower the policy rate to 0.5% to stimulate the economic and stabilized the financial system. The performance of Central Pattana

Ester Business Unit Operating Performance 10 ▪ Fatty Alcohols Business Unit Operating Performance 12 Statement of Income 14 Statement of Financial Position 16 Statement of Cash Flows 18 Key Financial

supervising the derivatives intermediary, having obtained an approval [for establishment] from the Securities and Exchange Commission. “financial institution” means a financial institution under the Interest on

Kiatnakin Bank Public Company Limited (“the Bank” or “KK”) submits the Management Discussion and Analysis (MD&A) report for the year ended December 31, 2017, comparing operating performance and financial