measures will help reduce market volatility, which will subsequently benefit the overall capital market. The SEC will continue monitoring and collaborating with the SET and TFEX to assess the situations and

role of capital markets in the sustainable economic and social development; • Implementing measures to encourage long-term investment and reduce short-term volatility; • Amending laws and regulations

In face of the changing environment, such as technological development, volatility of the global financial and capital markets, impacts of the COVID-19 pandemic, and investors’ changing behaviors

such investment. This is to prevent material impacts on the companies’ financial position or operating results as digital asset investment is usually exposed to relatively high risk from price volatility

Cryptocurrency is a financial innovation that is exposed to high volatility. Investment in this digital asset thus requires knowledge and understanding and a risk profile that is not so sensitive

" 20.2 1 3 20.3 (1) (2) (3) 10 (fluctuation) . . . 15 (4) (5) 3 (credit line) 90 . . . 90 . . . 20.4 FATCA P a g e 56 | ( ) KTFFE86 86 Krung Thai Fixed Income FIF Enhanced86 Not for Retail Investors

payment of 36.17 percent in spite of decrease in EBITDA of 0.83 percent from the end of year 2017. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking

percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2019, the Corporate

currency fluctuation whereas foreign debts were all fully hedged. Profit In 3Q17, EBITDA was Bt17,589mn, increasing 15% YoY and 2.8% QoQ. This was underpinned by a decent growth in revenue with softer

Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2017, the Corporate Group had no long-term debt obligation to