, new car model introduction, and some impact from the Bangkok Motor Show in March. Profit & Loss Analysis (Unit: Million Baht unless otherwise stated ) Q2 2017 Q2 2016 Change Amount % Total Revenues

, derivative warrants (DWs), over-the-counter (OTC) derivatives, investments in debt and equity securities for the Company’s own account, bond dealing, private repos and other investments. KGI Securities

UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV)  Net debt to equity ratio as

. However, the Company had revenue from the new business; Dusit Suites Hotel Ratchadamri, Bangkok, opening in 2Q19. Owned Hotel Remark: The statistics does not include Dusit Thani Bangkok and Dusit Suites

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 เลขที่ TG 021/2563 วนัท่ี 27 กมุภาพนัธ์ 2563 เร่ือง ชีแ้จงผลการด าเนินงานเปลีย่นแปลงจากปีก่อนเกินร้อยละ 20 เรียน กรรมการและผู้

Events 3 Management Discussion & Analysis Q2/2021 Established Over 20 Cloud Kitchen to Support Online Orders The company has established over 20 cloud kitchens throughout Bangkok between July 20, 2021

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 30 June 2017 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways

Management’s Discussion and Analysis For the period ended 30 September 2017 Bangkok Airways Public Company Limited and Its Subsidiaries 1 ASIA’S BOUTIQUE AIRLINE Bangkok Airways Public Company

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 10 August 2020 No. ZEN 2563-016 Subject Management Discussion and Analysis for the

Growth Leasehold REIT (“CPNREIT”) and CPN Commercial Growth Leasehold Property Fund (“CPNCG”) The Company managed 34 shopping centers (15 projects in Bangkok Metropolitan Area (BMA), 18 projects in the