Dusit Thani PLC Management Discussion and Analysis For 2Q20 and 6M20 P a g e | 1 Executive Summary The COVID-19 pandemic has severely hit Thai and global economy, especially the tourism and

business of Kitchen Plus restaurant and Baan Krua Thai restaurant (the “Asset Acquisition Agreement”). Following the execution of such Assets Sale and Purchase Agreement, Buyer will be the business owner of

of the entire supply chain. Osotspa continued to provide helping hands to the communities and its business partners by joining force through the Osotspa Fighting for Thai Nation campaign that provides

conjunction with the consolidated financial statements and notes to financial statements. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company presented

2019, the Company reported total assets of Baht 13,786 million increased by Baht 2,213 million or 19.1% from 31 December 2018. • Current assets increased by Baht 1,795 million from cash received from

2019, the Company reported total assets of Baht 13,786 million increased by Baht 2,213 million or 19.1% from 31 December 2018.  Current assets increased by Baht 1,795 million from cash received from

leasehold rights of THB 361mn (leasehold hotels acquired) Mostly due to the capital increase in the first quarter: (vii) an increase in cash and cash equivalents of THB 1,414mn (viii) an increase in current

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2018 2 2. ECONOMIC SITUATION Thai economy in Q1/2018 continually expanded, supported by every economic engine especially merchandise exports, which were

the Thai economy driven by the relaxation of controls and lower concerns on COVID-19 situation which brought in foreign tourists and increased business activities. Overall, AIS reported core service

decreased by 40.92 million baht or equivalent to 12.88% compared to the same period of previous year. It caused by the slowdown of the Thai economy which affected to both domestic and outside the country