personal loan at Baht 30.00M and return loan from UOB Baht 12.00M. The equity’s shareholder was lower than last year at 1.69% due operating loss this previous. - Came from invested on Sahaphat Amorn Company

than 400 days of their salary as at the date of retirement which total amount increased by Baht 7 million. Page 3 of 4 (6) Financial costs The Company and its subsidiaries’ financial cost from loan and

Management Discussion and Analysis For the first quarter ended March 31, 2019 (Unreviewed) Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66

Management Discussion and Analysis For the first quarter ended March 31, 2020 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66-2495-1366

been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. Majority of the company’ income from real estate business in 2019

to pay down on the bank overdrafts and short-term loan outstanding in March 2017. For the three-month period financial statement ended September 30, 2017, the Company recorded lower Administrative

baht, which was higher than 2016 of 25.2 million baht or 112.4%. Financial cost increased due to the Company incurred more debentures and loan from financial institution. Summary of Financial Statement

baht or 112.4%. Financial cost increased due to the Company incurred more debentures and loan from financial institution. Summary of Financial Statement of Position 31-Dec-16 31-Dec-17 Change MB % MB

Public Company Limited (“GSTEL”), the Company’s shareholder which hold direct and indirect 18.97% of paid-up capital of the Company. The Company had granted unsecured short-term loan of the principle

the export sector. Make signal of business better. The company received orders for 17 hydraulic press machineries, resulting in outstanding backlog up to 222 million Baht. However, during the third