Microsoft Word - MD&A 2017-E mh R.doc 1 Ref: CSO. 005/2018 Date: 26th February 2018 Subject: Management Discussion and Analysis for Year Ending 31st December 2017 Attention: President The Stock

million or 33% mainly from:  Fee and service income decreased by Baht 2.04 million from mutual fund and private fund management fee of Innotech Asset Management (formerly Solaris Asset Management).  Gain

Nanasai Co., Ltd. acting as the company’s management Translation …/2 - 2 - No. Name of connected parties Relationship 10. International Commercial Coordination Co., Ltd. Director acting as major shareholder

JAS Asset Management Discussion and Analysis, Q3/2019 Page 1/4 - Translation - No. J62/010 13 November 2019 Subject: Management Discussion and Analysis, 3rd Quarter Ending 30 September 2019 To

No. MVP055/2020 August 13, 2020 Subject: Management Discussion and Analysis for the three – month and six- month periods ended 30 June 2020 To: President and Manager The Stock Exchange of Thailand M

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service income decreased by Baht 1.85 million from mutual fund and private fund management fee of Solaris Asset Management.  Gain and return on financial instruments decreased by Baht 94.03 million mainly

.  The SEC findings also revealed that {D}, AEC co-chief executive officer in charge of back office, and {E}, AEC co-chief executive officer in charge of front office, had generally neglected supervision