: The Operating results of the company and its subsidiaries Explanation of the operating performance for the 3-month period ended March 31, 2020 as in the consolidate financial statement has net profit

-31.00 Net Profit Margin 6.86 1.86 -1.28 -3.14 -168.82 -8.14 -118.66 56.36 16.87 -39.49 -70.07 Unit : Million Baht Q4/59 Q3/60 Q4/60 Change +/(-) 12M/59 12M/60 Change +/(-) 1. The total revenue of Q4/17

-5.67 -31.00 Net Profit Margin 15.29 1.70 -1.28 -2.98 -175.29 -16.57 -108.37 56.05 16.87 -39.18 -69.90 Unit : Million Baht Q4/59 Q3/60 Q4/60 Change +/(-) 12M/59 12M/60 Change +/(-) 1. Net sales of Q4/17

associates. Financial Position Analysis (Unit : Million Baht unless otherwise stated) June December Change 2019 2018 Amount % Change Total Assets 18,987 17,891 1,096 6.12% Total Liabilities 10,783 9,944 839

No: AH 02112021 November 12, 2021 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 3rd quarter of fiscal year 2021 ended as of September 30, 2021 To: The President

million baht to support the new accounting policy change in 2020. Ratchthani Leasing Public Company Limited Financial Position Overview As of 31 December 2018, the company still had strong financial

compared with net loss of Baht 9.30 million on Baht 4.22 million revenues over the same period in 2016. The change in loss for the quarterly operating result ended on September 30, 2017 is due to higher

revenues compared with net loss of Baht 9.30 million on Baht 4.22 million revenues over the same period in 2016. The change in loss for the quarterly operating result ended on September 30, 2017 is due to

million baht to support the new accounting policy change in 2019. Ratchthani Leasing Public Company Limited Financial Position Overview As of 31 December 2017, the company still had strong financial

support the new accounting policy change in 2019. Ratchthani Leasing Public Company Limited Financial Position Overview As of 31 December 2017, the company still had strong financial position. The total