No. SN.LK. 62/08.0003 August 9, 2019 Subject : Management Discussion and Analysis Quarter 2 ending 30 June 2019 To The President The Stock Exchange of Thailand Indara Insurance Public Company Limited

decreased by 25%. 2. Costs and expenses for the year 2017 increased by 31% compared to the same period of 2016. The main reasons were:  Cost of goods sold and services decreased 15% in line with the

No.SN.LK.62/11.0001 November 7, 2019 Subject: Management Discussion and Analysis Quarter 3 ending 30 September 2019 Attention: The President The Stock Exchange of Thailand Indara Insurance Public

May 15, 2020 Subject : Management Discussion and Analysis for 1st quarter ended March 31, 2020 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1 Revenues Consolidated

SN.LK.63.08.0001 August 7, 2020 Subject: Management Discussion and Analysis Quarter 2 ending June 30, 2020 Attention: The President The Stock Exchange of Thailand Indara Insurance Public Company

investments associated with securities, as well as the management of individuals' investments to seek benefits from securities. These activities were carried out through social media platforms, i.e

awareness and responsibility over project management for the benefit of digital token holders and increasing confidence in both fundraising and investment through ICOs. The proposal contains the following

lands onshore that have already been used for the purpose of afforestation or reforestation and registered with Thailand Greenhouse Gas Management Organization (TGO) on Thailand Voluntary Emission

definition which is in line with what is stated in the aforesaid new rule. This is to ensure suitability and consistency with the investor’s qualifications and ability to accept associated risks.   The

, while reviewing the existing regulations to be in line with the current situations and remain as necessary for more convenience, less business-sector costs, lower burden on people and compliance with the