proceed with the tender to sell such assets for 2 times during March and April 2018, but no one was interested in sending a tender for such assets, which results in the Company’s need to have the resolution

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: Q4’19 and FY2019 26 February 2020 FY2019 Management Discussion & Analysis Page 1/6 Financial

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and subsidiaries

“Company”) submitted its separate financial statement and its consolidated financial statement for the first quarter of 2020 ended on 31 March 2020 which were reviewed by the auditor. The Company hereby

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the third quarter of 2019 ended on 30 September 2019 which were reviewed by the auditor. The

, KBank was one of only 28 included in the DJSI World Index and one of only 14 included in the DJSI Emerging Markets Index. The selection reflects international recognition of KBank’s efforts to achieve

; however, for the REIT whose underlying assets are properties on long term leases to tenants or on leases to only one lessee, the summarized essences of lease agreement shall be provided; - in the case that

Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 Sales Revenue Net Profit Unit: Million Baht Page 2 3. Results of Operations and Profitability Consolidated (Unit: Million Baht) Q3/2018 Q3/2017 %YoY 9M/2018 9M/2017 %YoY

on Connected Transaction"). The transaction size is equal to 0.66 percent of Net Tangible Asset (NTA) of the Company according to the most recent consolidated financial statements of the Company for