Microsoft Word - 2008-034EN Management Discussion and Analysis for the Q2 2020 (Ending June 30^J 2020)-Rev (002) Ref. No. 2008/034EN August 13, 2020 Subject Management Discussion and Analysis for the

encouraged to operate more efficiently for the best interests of the PVD members. This is to ensure that PVD serves as a long-term savings and investment mechanism to support retirement planning. On 15

initiative also offers investors more opportunities to promote Thailand’s sustainable goals through the investment in Thai ESG Funds, while benefiting from tax privileges and long-term savings to build a

participating market operators), investors will be eligible to receive a promotional gift valued at 500 baht. Participating business operators are 22 investment management companies, 14 securities companies, 2

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ONE ASSET MANAGEMENT LIMITED|Long Term Equity Fund : LTF | Offering Date : 28/09/2004 - 05/10/2004

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PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED|Long Term Equity Fund : LTF | Offering Date : 29/06/2005 - 13/07/2005

TISCO ASSET MANAGEMENT COMPANY LIMITED|Long Term Equity Fund : LTF | Offering Date : 05/09/2016 - 26/09/2016

LAND AND HOUSES FUND MANAGEMENT COMPANY LIMITED|Long Term Equity Fund : LTF | Offering Date : 15/09/2016 - 21/09/2016