also require that asset management companies disclose the types of fees collected from trigger funds more clearly, especially those different from the ones collected from other mutual funds with similar

trading while the client did not reject the transactions. Besides, intra-day trading orders of a listed company's shares were found where the buying prices were higher than the selling ones, causing the

= Translation = Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended September 30 , 2017 (Unit : Million Baht) 2017 2016 Inc./(Dec

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc. / (Dec

markets and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and our overseas subsidiary, namely Intercarabao Limited (“ICUK”). Revenue from sales

corresponding period. Overseas businesses continue to grow in both our existing export markets and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and

continue to grow in both our existing export markets and those new ones, which operated by our domestic subsidiary, namely Carabao Tawandang Company Limited (“CBD”), and our overseas subsidiary, namely

% 1,184.56 34.78% 6.84 0.58% Service 28.82 0.87% 36.14 1.06% 7.32 25.39% Revenue from Sales and Services 3,295.06 100.00% 3,405.45 100.00% 110.40 3.35% (Unit : Million Baht) (Unit : Million Baht) Page 2 of 7

allocated 195,000,000 newly-issued ordinary shares at the offering price of THB 1 per and 265,000 units of convertible debentures at the offering price of THB 1,000 per unit to SUTGH; and 2. The Company

share at the Ministry of Commerce on June 29, 2020. The 3 Months Operating Result as ended 30 June 2020 Financial Performance for the period ended June 30 (Unit : M ill ion Baht) 2020 2019 Inc. / (Dec