Bangkok Commercial Asset Management Public Company Limited Page 1 13 December 2019 Subject Management Discussion and Analysis for nine-month period ended 30 September 2019 To The President The Stock

Thai listed company recipients. The conference was held at The Athenee Hotel Bangkok. Finance Minister Arkhom Termpittayapaisith said: “As a regulatory agency, SEC plays an important role in supervising

of SUTG (the “Letter of Intent”). The remuneration to be received by the Company from the Investment Disposal Transaction amounts to a total of THB 307,030,552, divided into two parts, as follows: (1

of SUTG (the “Letter of Intent”). The remuneration to be received by the Company from the Investment Disposal Transaction amounts to a total of THB 307,030,552, divided into two parts, as follows: (1

of SUTG (the “Letter of Intent”). The remuneration to be received by the Company from the Investment Disposal Transaction amounts to a total of THB 307,030,552, divided into two parts, as follows: (1

of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme, the Company will be able to clear a total debt of USD 219,277,709 (divided into the Net Trade Debt to be

. Revenue Consolidated revenue of the Company, excluding the inter-segment revenue, are divided into 4 segments as follows: Unit: million baht January-December 2019 % 2018 % Variance Amount % 1. Airlines

Paid-up capital of the Company as of September 30, 2017 is Baht 1,865,376,587 divided into ordinary shares 1,865,376,587 shares with a par value of Baht 1.00 per share. 2 Paid-up capital of the Company

determination of record date and the date of 2020 Annual General Meeting of Shareholders) To: President The Stock Exchange of Thailand Attachment: 1. Financial assistance to KT Medical Service Company Limited 2

. Veerachart Losiri’s wife 25,210,100 1.35 25,210,100 1.09 Total 57,540,300 3.08 517,540,300 22.26 Remark: 1 Paid-up capital of the Company as of September 30, 2017 is Baht 1,865,376,587 divided into ordinary