June 30, 2020 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2020 Overall Group Performance Table 1

.: _____________________________ Fax No.: _____________________________ In case the ARFP Passport Fund is to be listed on the Stock Exchange of Thailand (SET) or any other organised and regulated exchange in Thailand, e.g. an ETF

Fax No.: _____________________________ In case the Hong Kong Covered Fund is to be listed on the Stock Exchange of Thailand (SET) or any other organised and regulated exchange in Thailand, e.g. an ETF

.: _____________________________ Fax No.: _____________________________ In case the Hong Kong Covered Fund is to be listed on the Stock Exchange of Thailand (SET) or any other organised and regulated exchange in Thailand, e.g. an

17. 017 equal to ased ratio at million baht h t. An increas 6 million bah rst half of 20 tem from th oth Jaymart e company, S he second q r the second ces income f 6.2 percent i collection of e record

million bah 1,335.2 mi achieved h year. More consumer. Income from for 9 month the rental r and bevera ofit pany has g al to 607.6 mpared to th Analysis, Q3/2 mited Q3/2017 MB 132.4 222.0 244.2 76.1 130.8

กองทุนเปิดเค พนัธบตัร 6 เดือน H 1 กองทุนเปิดเค พนัธบตัร 6 เดือน H K Government Bond 6 Months H Fund : KGB6MH ผูล้งทุนไม่สามารถขายคืนหน่วยลงทุนน้ีในช่วงเวลา 6 เดือนได ้ ดงันั้น หากมีปัจจยัลบที่ส่งผลก

such services; (12) clients’ asset An intermediary shall arrange adequate protection for clients’ assets when it is responsible for them; (13) relations with regulators An intermediary shall deal with

(12) clients’ asset An intermediary shall arrange adequate protection for clients’ assets when it is responsible for them; (13) relations with regulators An intermediary shall deal with relevant

intermediary shall arrange adequate protection for clients’ assets when it is responsible for them; (13) relations with regulators An intermediary shall deal with relevant regulators in utterly cooperative way