Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between

หลักทรัพยและจดทะเบียน ในตลาดหลักทรัพยแหงประเทศไทย (“ตลท.”) ตองมีหุนเปนหลักทรพัยจดทะเบยีนในตลาดหลักทรัพย ตางประเทศ (“home exchange”) อยูกอนแลว โดย foreign issuer จะตองมีการกระจายหุนตอประชา

’ debt servicing ability. 5 1.3 Regulatory Changes2 Significant regulatory changes in 2017 that may have affected KBank’s and K Companies’ business operations included:  Relaxation of Foreign Exchange

Section 45 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Securities and Exchange Commission acting as Capital Market Supervisory Board by virtue of Section 6 of the

Section 45 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Securities and Exchange Commission acting as Capital Market Supervisory Board by virtue of Section 6 of the

, Section 36, Section 41, Section 43, and Section 45 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Securities and Exchange Commission acting as Capital Market Supervisory

Exchange Commission No. SorNor. 21/2551 Re: Acts that may Create Conflicts of Interest on Fund Management and Protective Rules (No. 2) -------------------------------- By virtue of the Section 126(1) of the

Exchange Commission No. SorNor. 21/2551 Re: Acts that may Create Conflicts of Interest on Fund Management and Protective Rules (No. 2) -------------------------------- By virtue of the Section 126(1) of the

of the Office of the Securities and Exchange Commission No. SorNor. 21/2551 Re: Acts that may Create Conflicts of Interest on Fund Management and Protective Rules (No. 2

(Translation) UAC.CS/021/2018 November 14, 2018 Subject: Explanation of the operating results for the third quarter period ended September 30, 2018 To: President The Stock Exchange of Thailand