accordance with the investment in high-end lifestyle resort on Island 3 of Crossroads project, S Hotels and Resorts (SC) Co., Ltd. ("SHR SC"), a wholly owned subsidiary of the Company, enterred into a share

Baht 24.46 million, a decrease of 62.93% compared to 2017. Final earnings per share resulted at Baht 1.15. Total Revenues 2018 2017 Change (Million Baht) (Million Baht) (%) Sales 2,020.63 2,147.64 (5.91

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 142/2560 August 8, 2017 Subject: Clarification of the Operating Result for the significant change Attention

Baht per share, the disposal value of Baht 115 million, and the Company was paid for the disposal of such share proportion on August 15, 2017, resulting in the change of the Company’s shareholding

. Registered name was ALP FPI PARTS PRIVATE LIMITED. and date of establishment on 25 January 2016 that the Company paid 75% of its share subscription to this joint venture on 4 April 2016. On 3 September 2016

(ROE) decreased from 2.04% to 1.87% and earnings per share (EPS) decreased from 1.04 Baht/share to 0.91 Baht/share. For the nine-month period of 2018, the Company's profitability decreased from the same

Item Quarter Change (%) H1 Change 2/2017 1/2017 2/2016 1/2017 2/2016 2017 2016 (%) Net profit * 8,047 8,305 7,169 (3.1)% 12.2% 16,352 15,487 5.6% Earnings per share (Baht) 4.22 4.35 3.76 (3.1)% 12.2

Quarter Change (%) H1 Change 2/2018 1/2018 2/2017 1/2018 2/2017 2018 2017 (%) Net profit * 9,194 9,005 8,047 2.1% 14.3% 18,199 16,352 11.3% Earnings per share (Baht) 4.82 4.72 4.22 2.1% 14.3% 9.53 8.57 11.3

the banking system. Overall Picture of the Bank and its Subsidiaries Million Baht Item Quarter Change (%) 9 Months Change 3/2019 2/2019 3/2018 2/2019 3/2018 2019 2018 (%) Net profit * 9,438 9,347 9,030

( “ the Company” ) would like to submit our management’s discussion and analysis for the fiscal year ended December 31, 2019, as follows: For the year ended December 31 Change 2019 2018 MB MB % Sales