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NDR MDA Q3-2560 En.1 No. NDR012/2017 Subject Management Discussion and Analysis Attention: Directors and Manager N. D. Rubber Public Company limited would like to present the MD&A of 3 30, 2017 as

baht. The Company debt to equity ratio stood at 1.18 times and the interest bearing-debt to equity ratio is 0.94 times and lowers than the same period last year. JAS Asset Management Discussion and

JAS Asset Management Discussion and Analysis, Q2/2018 Page1/3 - Translation - No. J61/009 8 August 2018 Subject: Management Discussion and Analysis, 2nd Quarter Ending 30 June 2018 To: President The

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V2 27/08/63 0 V2 27/08/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Second Quarter of 2020 The Thai economy in the second quarter of 2020

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the Association of Investment Management Companies. In case of fixed income funds, the following additional details shall be displayed: 13.9 Average Maturity of Debt Instruments The average maturity of