E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a

Asset Management Public Company Limited Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3. Management Discussion and Analysis 3.1. Selected Financial Position and

payment will be made on April 24,2020. 2. Key changes to accounting principles (TFRS 9) The company’ s first time adoption of the current Thai Financial Reporting Standards or TFRS after January 1, 2020

according to accounting standard TFRIC12 EBITDA (MB) For the three-month period For the nine-month period Q3/2017 Q3/2018 YoY % 9M/2017 9M/2018 YoY % Operating profit 412.15 421.06 8.90 2.16% 1,366.98

Thai Financial Reporting Standards No. 16 re: Lease Agreement for the first time adoption (“TFRS 16”) starting from 1 January 2020, using the cumulative catch-up approach without retroactively adjusting

personal data: 1.1 Definitions and examples of data collected by the SEC Office Personal data: Data of a personal nature, for example, identification number/passport number, title, name, surname (Thai

(Thai/English), date of birth, citizenship, sex, marital status, father’s name,/mother’s name, (former) titles, (former) surnames, name of spouse, IP numbers, behavior for visit to the website of the SEC

, Public Company Limited Act and Thai Revenue Code including relevant regulations. Then, when the finalization of the purchase price by the executive committee, the Company will disclose the said price to

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

finance lease agreement also increased as a result of financial lease accounting (TFRIC 4) adjustment. • Gross profit of Small Power Producer (SPP) increased by THB 278 million corresponding to lower