asset. The calculation is based on the financial statement of the Company for the three months ended 31 March 2015 which was the most recent financial statement prior to the date of the transaction, is

of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 4 This IFA report was prepared based on the information gathered from interviews with the

calculation is based on the financial statement of the Company for the three months ended 31 March 2015 which was the most recent financial statement prior to the date of the transaction, is higher than 100

tangible assets (NTA) 63.43 510.92 35.14 283.08 Net profit during the past 12 months 6.81 54.85 n.a n.a Details of calculation of transaction’s size are as follows: 1) Transaction’s size based on net

calculation of transaction’s size are as follows: 1) Transaction’s size based on net tangible assets Net tangible assets(1) = Proportion of assets acquired x FKRMM’s NTA x100 NTA of listed company and its

-on-y: A 19.0% decrease in Q3’2019 to Baht 51 million and 22.1% in 9M’2019 to Baht 155 million based on changes in benefits transferred from the business operation of ABP1 and ABP2; • Interest expenses

-y: A 42.0% decrease in 2019 to Baht 199 million and 69.4% in Q4’2019 to Baht 44 million based on changes in benefits transferred from the business operation of ABP1 and ABP2 and maturity of ABP1’s

totaled Baht 34,338 million, a decrease of Baht 5,836 million, or 14.53 percent. Meanwhile, KBank maintained net interest margin (NIM) at 3.44 percent, which was within the set target, and cost-to-income

offering; (b) change in par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution

par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution of share dividends