V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from

made to quality of service, and expanded the locations of service stations simultaneously with expansion of Non-Oil businesses, the total number of service as of the end of 2019 is more than 1,200

uncertainty of US economic policy. However, the global economy has continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in the first half year. Income and

sales of Supply Chain Services segment increased by THB 43.2 million (or +5.3%) YoY to THB 596.5 million in Q3’18 driven by strong growth from C-Vitt product (+85.0% YoY) after the capacity expansion in

/2019 due to the increase in number of pop-up stores and number of available staff, corresponding to the Company’s Pop-up store expansion strategy. 2020 vs 201912MQ4/2020 vs Q4/2019YoY Revenue Q4/19 Q4/20

technology leaders to widen our product suites and capabilities. (2) Disney+ Hotstar is an exclusive partner in form of product offering and marketing to Thai population, aiming to offer additional value to

“After You Marketplace” Branches IN 2H/2022:Business Direction The Company has a plans to adjust the expansion concept of the stores to become a One-stop Service as well as to reduce certain operating

from realized gain on exchange from payment for machine and spare parts for the under-developed projects to foreign suppliers. During the period of third quarter of 2022, Thai Baht was depreciated

natural gas power plant and partially from realized on exchange from payment for machine and spare parts for the under-developed projects to foreign suppliers. During the second quarter of 2023, Thai Baht

natural gas power plant and partially from realized on exchange from payment for machine and spare parts for the under-developed projects to foreign suppliers. During the third quarter of 2023, Thai Baht