. After the purchase of the Trade Debt in 1., the Company entered into a credit agreement, dated January 22, 2017, (the “Credit Agreement”) with the loan amount of USD 71,000,000, or equivalent to THB

due to the recognition of special profits, while loan growth and credit quality were affected by the economic slowdown. The combined net profit of the commercial banking system was Baht 270.9 billion, a

customers’ business and personal needs at any given time. In this quarter, KBank implemented our credit policy in support of government measures. One notable initiative was the loan program offered to

2019, loans revenue was 3,020 million baht, an increase of 381 million baht or 14% y-y. This is because the Company integrated credit limit of personal loan and purpose loan to AEON Happy Pay program in

give more support and necessary controls in the weak areas. The Company expects to use the credit facilities from banks, the corporate debentures, and working capital as the source of fund for the Loan

: Million Baht 3Q/18 2Q/19 3Q/19 %QoQ %YoY 9M18 9M19 %YoY Credit card income Loan income Hire-purchase income Other income 1,914 2,689 111 511 1,887 3,020 173 584 1,897 3,048 192 841 1% 1% 11% 44% -1% 13% 73

loan; and (5) A product offering a special credit line to SME customers for tax payment to government agencies via K-Cash Connect Plus and K-Corporate Payment Card (Tax Smart Card). Furthermore, KBank

and adjustment of unsecured personal loan providers after measures for controlling credit card and personal loan under supervision of the Bank of Thailand came into force September 1, 2017. Focus should

supported debtors who were affected from the pandemic. Although the loan quality is likely to deteriorate, Thai banks remained sound thanks to close monitoring of credit quality, high levels of capital fund

the Adjusted Book Methodology. Therefore, the offering price of B0.63 per share is an appropriate price. 2. Entering into the Credit Facilities Agreement with AM: IFA is of the opinion that even though