properties and cost management In 1Q18, the Thai economy continues to expand, primarily driven by a number of supporting factors, namely 1) growth in exports with a record high in March 2018. 2) Growth in the

expenses. As a result the operation in the first half of , increase as significantly. These successes are the result from management policies and key expenses in , to prepare us for market expansion and

Management Discussion and Analysis For the fourth quarter and year ended December 31, 2018 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66

. Under expansion strategy in 2018, the Company opened 6 new hotels under the management residing in Dusit International and signed 14 new management contracts in the Philippines, China, Myanmar, Japan

Management Discussion and Analysis For the third quarter and nine-month period ended September 30, 2018 (Unreviewed) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

Management Discussion and Analysis For the third quarter and nine-month period ended September 30, 2018 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

Management Discussion and Analysis For the fourth quarter and year ended December 31, 2018 (Unaudited) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations

quarter, as in Q4/2018 KSL Green Innovation Plc. went through annual maintenance, while in Q1/2019 there was a production ramp up from the capacity expansion, resulting in a higher sales volume. Management

1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media

Management Discussion and Analysis, Q3/2019 Page1/4 JMT Network Services PLC Ref: IR6/012 13 November 2019 Subject: Management Discussion and Analysis, 3nd Quarter Ending 30 September 2019 To