Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between

Management Discussion and Analysis For the first quarter ended March 31, 2019 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66-2495-1366

quarter, the Company started to recognize revenue from Power Business (Solar Rooftop Projects) at Baht 1.4 million. Gross Profit and Gross Profit from Operation In 1Q2019, Gross Profit was Baht 183.4

2017 (a copy in Thai and English) Please be informed accordingly. Sincerely yours, (Mr. Aloke Lohia) Group CEO, Indorama Ventures Public Company Limited Company Secretary Tel: +66 (0) 2661-6661 Fax: +66

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

still has carried on offering new products continuously which is an innovation of power saving in Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of

and incentives to gain the privilege when travelling from CLMV countries to Thailand. (February 2019) 5. The Company, BTS Group Holding Public Company Limited and Sino-Thai Engineering & Construction

Company Limited have jointly submitted the proposal under the name of “BBS Joint Venture” for the bidding of the U-Tapao International Airport and Eastern Aviation City Development project to the Royal Thai

in Q2’2019: This item mainly comes from the outstanding of US dollar debts; the company booked unrealized gain of Baht 277 million in Q2’2019 from the Thai Baht appreciation against US dollar during

Kiatnakin Bank Public Company Limited (“the Bank” or “KK”) submits the Management Discussion and Analysis (MD&A) report for the second quarter ended June 30, 2017 comparing operating performance and financial