., Km. 39.5 Bangpoomai, Amphur Muang Samutprakarn, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 23 February 2018 Subject: Management Discussion and Analysis (MD&A) of the year 2017

accordance with Thai Financial Reporting Standard No. 9 Financial Instruments (TFRS9), the bank has considered the expected credit losses in accordance with TFRS9 and notification of the Bank of Thailand. LH

the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 19.92% in the

its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a

quarter. • Net loss (gain) from exchange rate The Company had recorded loss from exchange rate for the 2nd Quarter 2020 amounting to THB 102 million due to weakening of the Thai Baht against the US Dollar

Company had continuously increased its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on

1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

27/08/63 2 Thai Banking Industry In the second quarter, the commercial banking system in Thailand faced challenges as the Covid-19 outbreak affected economic and financial systems. At the end of June

resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including Thailand. This outbreak has brought significant economic uncertainties in Thailand and markets

หนังสือแสดงการรับทราบความผิด 13 November 2019 Subject : Management Discussion and Analysis of third quarter ended 30 September 2019 Attn. : Director and Manager The Stock Exchange of Thailand Encls