., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 052/2020 May 11, 2020 Subject: Clarification of the Operating Result for the significant change Attention: The
Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019
Financial and Operating Highlights * ไม่รวมต้นทุนค่าเสื่อมราคาและค่าตัดจ าหน่าย Operating highlight in Q4/2018 and 2018 Q4/17 Q3/18 Q4/18 Change +/(-) 2017 2018 Change +/(-) (THB million) QoQ YoY YoY
to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type whatsoever on the accuracy or completeness of the information contained
the company. In addition, any forward looking statements are subject to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type
and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund
from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent
1H/2019 1H/2020 Change THB million % THB million % THB million % Revenue from services 1,751.8 100.0% 1,151.6 100.0% (600.1) (34.3%) Costs of services 1,087.4 62.1% 785.4 68.2% (302.1) (27.8%) Gross
commenced the operation and recognition the benefit as per the Power Purchase Agreement. 1.9 Signing of Shareholders Agreement and Sale and Purchase Agreement of Shares to Jointly Invest in Sandin Water