quarter of 2017, due mainly to an increase of Baht 2.6 billion in gains on investments and Baht 520 million in other operating income as the Bank recognized a profit sharing from the management of the

minimum payment and adjusted to percent of revenue sharing payment during that time. Moreover, AOT reduced minimum payment for BAC since January 2011. 6 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and

joint investment and sharing of profits (on pro rata basis) from the business of broadcasting the Football Leagues. The entry into such investment by the Company is considered the ordinary course of

trading and foreign exchange transactions, net 268,337 577,240 (308,903) (53.5) Gain (Loss) on investments, net 177,943 203,326 (25,383) (12.5) Dividend income and profit sharing 673,584 442,456 231,128

9.4 Gain on trading and foreign exchange transactions, net 268,337 577,240 (308,903) (53.5) Gain (Loss) on investments, net 177,943 203,326 (25,383) (12.5) Dividend income and profit sharing 673,584

business with other persons with an objective towards profit and loss sharing. Amended to read Article 40. In the shareholders meeting, a shareholder shall have one vote for each share held by such

Company’s businesses, or the consolidation of such business with other persons with an objective towards profit and loss sharing. Amended to read Article 40. In the shareholders meeting, a shareholder shall

investment and sharing of profits (on pro rata basis) from the business of broadcasting the Football Leagues. The entry into such investment by the Company is considered the ordinary course of business of the

retail stores as well as to maximize the synergy between PBSB businesses and the Company’s businesses. In addition, it creates opportunity in sharing of increasing income in the future. Thus, it is deemed

agree on the terms and conditions for the joint investment and sharing of profits (on pro rata basis) from the business of broadcasting the Football Leagues. The entry into such investment by the Company