-diversified investment causing income dependence on any particular real estate; - risk from types of invested real estates; - risk from the lessees’ capability of rent payment and lease renewal; - other risks

III whereas the limited partners are essentially financial investors in SSG III who have no involvement with the operations of SSG III and do not have any relationship with the Company which would led

no involvement with the operations of SSG III and do not have any relationship with the Company which would led to them being considered as connected persons of the Company. As of the date of this

-term leasehold agreement Leasee: Global Service Center Public Company Limited (“the Company” or “GSC”) Lessor: People Society Company Limited Remark: the lessor has no relationship and involvement with

long-term leasehold agreement Leasee: Global Service Center Public Company Limited (“the Company” or “GSC”) Lessor: People Society Company Limited Remark: the lessor has no relationship and involvement

take into account any fact related to the behaviors or actions of the auditor on a case-by-case basis. In this regard, the factors to be considered shall include: (1) involvement and significance of

agreements with TOT, effective since 1-Mar-18, on co- utilizing the 2100MHz spectrum. This resulted in AIS having in total 55MHz spectrum in both low- and high-band, which ensures AIS’s capability to provide

Cycle (Days) 43 48 Total Debt to Equity Ratio (Times) 0.51 0.51 Interest Coverage Ratio (Times) 72.99 73.26 Debt Service Coverage Ratio (Times) 56.23 6.55 (3) Asset Management Capability (3.1) Debtor

factory is equipped with state-of-the-art technology that allows higher production efficiency, improves capability for lighter-weight bottle production and offers flexibility of raw material usage

Interest Coverage Ratio (Times) 126.53 72.99 Debt Service Coverage Ratio (Times) 75.36 56.23 (3) Asset Management Capability (3.1) Debtor Quality, Accounts Receivable Aging, Provision and Sufficiency of