E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...

Equity 81,825 23% 75,737 21% S&P BBB+, Outlook: Stable Source and use of fund: 1Q22 (Bt mn) Source of fund Use of fund Operating cash flow 19,382 CAPEX & Fixed assets 7,696 Sale of equipment 9 Spectrum

567.48 (110.87) (19.54%) Other current assets 3.49 4.00 (0.51) (12.75%) Total current assets 1,172.16 1,522.44 (350.28) (23.01%) Restricted bank deposits 56.40 56.40 - - Property, plant and equipment

65.75% Total current assets 875.73 1,522.44 (646.71) (42.48%) Restricted bank deposits 56.01 56.40 (0.39) (0.69%) Property, plant and equipment 1,330.03 1,376.73 (46.70) (3.39%) Other non-current assets

1,076.24 1,522.44 (446.20) -29.31% Restricted bank deposits 56.40 56.40 0.00 0.00% Property, plant and equipment 1,346.28 1,376.73 (30.45) -2.21% Other non-current assets 2.33 3.04 (0.70) -23.17% Total

process manual; or equipment/tools disbursement manual. Therefore, following procedures are provided: 10.2.1 Collection on information of major shareholders, directors, executives and related persons, as

ลงทุนกระจุกตัวในหมวดอุตสาหกรรม Biotechnology 35.20% และ Health Care Equipment & Supplies 33.80% หมายเหตุ : กองทุนรวมมีการลงทุนกระจุกตัวในประเทศสหรัฐอเมริกา 63.90% แผนภาพแสดงตําแหนงความ

% 154 148 4.1% Premises and equipment expenses 3,029 2,254 2,736 34.4% 10.7% 10,467 10,252 2.1% Taxes and duties 853 820 840 4.0% 1.5% 3,367 3,357 0.3% Other expenses 3,298 3,254 2,865 1.4% 15.1% 12,403

ventures and other long term investments Property, plant and equipment Finance lease receivable Other non-current assets Total Assets Total Liabilities and Equity 4,414 4,742 6,396 6,187 26,129 26,325 9,861

Investments in associates Property, plant and equipment Finance lease receivable Other non-current assets Equity Other non-current liabilities Long-term borrowing Debenture Other current liabilities +0.5% 30