translation is strictly for reference. Notification of the Capital Market Supervisory Board No. TorThor. 25/2556 Re: Outsourcing Operational Function relating to Business Operation to Third Party By virtue of

(section 109) |- Revocation of License (section 147) |- Service Outsourcing Guide for Securities Companies    Others (Securities Business) |- Separation of Securities and Finance Businesses & Merger (section

22) |- Protection of Customer Assets (Section 33) |- Internal operation of Securities Companies | - |- Outsourcing Services | - |- Appoint service provider OR marketing representatives (Section 18

, 2018 Operating performance Revenues Type of Revenue Jan-Sep 2018 Jan-Sep 2017 THB (m) % THB (m) % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing-services 177.54 46.66 163.66 46.87 1.2 Income

. The briefing covered the SEC’s key initiatives, including (1) amendment to the regulations for ICO portals, allowing additional outsourcing options to enhance the ecosystem of Thailand’s digital asset

the form of outsourcing or partnership. In this regard, the partnership-based business operation guidelines must be improved from the SEC circular in this matter. SEC has therefore proposed issuance of

of business contingency management, IT security, operational outsourcing and complaint handling. In addition, all but future exchange would be required to comply with new rules on organizational

Board No. Tor Thor. 60/2561 Re: Rules, Conditions and Procedures for Outsourcing Function related to Business Operation to Third Party dated 1 October 2018 specifies that [ in case of outsourcing to a

. Tor Thor. 60/2561 Re: Rules, Conditions and Procedures for Outsourcing Function related to Business Operation to Third Party dated 1 October 2018 specifies that [in case of outsourcing to a foreign

performance Revenues Type of Revenue Jan-June 2018 Jan-June 2017 THB (m) % THB (m) % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing-services 119.48 46.98 109.78 46.89 1.2 Income from software and