the measure on managing deteriorated dead inventories. In case of slow-moving inventories, the Company would release such inventories according to the buy-back agreement with - 8 - INTEGRITY QUALITY

venture with Sansiri, experiences an impact from the new LTV policy and the market uncertainty due to the trade war. The pace of release of newly launched projects are expected to be slow. Sansiri's strong

considering more expansion of F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 65/2019 from Bank of Thailand, 6 November 2019

branches of the F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 5/2020 from Bank of Thailand, 5 February 2020 ) Management Discussion

the board of directors (BOD) and BOC; and 5.3. the resignation, release and discharge of selected members of the BOD and BOC who were nominated by Standard Chartered and Astra, effective immediately

1Q21. When excluding the release of excess loan loss reserve, provisions including loss from sale of repossessed cars (credit cost) for 1Q21 amounted to 2.79% of average loan comparing to 2.55% during

future which may not meet expectations, and risk relating to fluctuations over biomass fuels; and release of an obligation to seek financing for maintenance or additional investment in relation to the

measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2020, from an increase of 1.5-2.5% to a decrease

2020 and the government sector has launched remedial measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth

for expected credit losses to total NPLs ratio (coverage ratio) increased to 152.6% for 3Q20 from 110.1% yoy. When excluding the release of excess loan loss reserve, provisions including loss from sale