We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

” ) held on February 2 7 , 2 0 1 9 , approving the audited consolidated financial statements for year ended December 31, 2019. The Company would like to report the operating results for year ended 31

of obsolete assets sold at this time is 132,077,686.05 Baht by way of the bidding. The bidding process is done publicly and started since February 2019. For the final round, Strega proposed the highest

opportunity in the future of the company And is a new way to increase revenue. The opinions of the Audit Committee and / or the directors that are different from the opinions of the Board of Directors -None

ทีเ่หมาะสม 5 ทั้งน้ี บลจ. สำมำรถน ำเสนอนโยบำยกำรลงทุนสมดุลตำมอำย ุ(“life path”) เป็นหน่ึงใน good choices ได ้ ซ่ึง life path เป็นนโยบำยกำรลงทุนท่ีเหมำะกบัสมำชิกท่ีไม่ตอ้งกำรเลือกนโยบำย/แผนกำรลงทุน ไม่มี

3Q2023 Financial Summary - En Statement of Comprehensive Income (Consolidated) (Unit : Million Baht) Q3/2022 Q3/2023 Increase (Decrease) %YoY 9M2022 9M2023 Increase (Decrease) %YoYAmount % Amount

increased flight frequencies in Bangkok-Phu Quoc route to 5 flights weekly, Bangkok- Vientiane route to 14 flights weekly. Additionally, new route service has been started from Chiang Mai – Hanoi with seven

route to 5 flights weekly, Bangkok- Vientiane route to 14 flights weekly. Additionally, new route service has been started from Chiang Mai – Hanoi with seven flights per week staring from March 2018. For

alignment with the corresponding International Financial Reporting Standards. The adoption of these standards collectively affected the consolidated financial statements of the Company by increasing total