in blue. No. ORI 94/2018 10 November 2018 Subject: Resolution of the Board of Directors' Meeting No. 12/2561 Adjustment of the Exercise Ratio by adjusting Number of ORI-W1 and approval of the asset

Offering (ICO) is an example of the application of new technology that has exciting potential to support fundraising needs for tech startups and social enterprises. 1.2 ICO refers to a digital way of raising

tangible assets. So the Company needs an approval o transactions from shareholders’ meeting with the vote of not less than three-fourths of total votes of shareholders who attend and grant the right to vote

Companies and Muang Thai Life Assurance PCL 50 4.6 Capital Requirements 52 4.7 Credit Ratings 54 5. Operations of Support Groups 57 5.1 Human Resource Management 57 5.2 IT Management 60 6. KASIKORNBANK’s

, which helped support investors’ confidence. This is despite the fact that this factor, coupled with the stable policy rate, resulted in increased volatility in money and capital markets as well as foreign

three months from the date on which the Board of Directors of the Company has the resolution. A purpose is to support the Company’s financial liquidity to be sufficient for business operation and to

the Extraordinary General Meeting of the Shareholders No. 1/2018 (the “EGM”) for consideration and approval of the reduction of the Company’s registered capital from the existing registered capital of

million in 3Q17 and 9M17, respectively. The main drivers were attributable to a decrease in room revenue due to three hotel renovations and an increase in administrative expenses to support business

support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic

share, and the proposal of this matter to the shareholders’ meeting for further consideration and approval; 2. Approved the amendment of Clause 4 of the Memorandum of Association of the Company to be in