Re: Allocation of Cash Flow under Securitization Program and Reporting on Transfer of the Remaining Assets and Benefits of Special Purpose Vehicles

Clarification on Short Selling and Settlement of Securities for Management of Market Maker’s Risks Borne by Securities Companies and Management of Clients’ Assets In case of Internal Short.

demographics through analysed data from the Digital Services Business. We then utilise our transit media inventory and various online channels to engage people throughout their journey on the BTS. McDonald’s

government budget and public debt as it can invest in the infrastructure projects of electricity, roads, airport, for instance. In addition, recently the investible infrastructure assets have been revised to

receivables 818 731 +12% Inventories 968 812 +19% Other current assets 190 96 +98% Total current assets 2,013 1,731 +16% Property, plant and equipment 2,005 1,781 +13% Investments in joint venture 4 5 -27

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

assets while new depreciation from 5G asset gradually increase after continuing expanding 5G network capacity. Overall SG&A showed a decline of -6.7% YoY with marketing expense dropping -20% YoY reflected

and targeted to lead to $350 million in run-rate cost savings by 2023. These initiatives and the strategic acquisition of the Huntsman Integrated Ethylene and Propylene Oxide (EO & PO) assets (code

Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019

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