person(s) entrusted by the Board of Directors and the determination will base on the position, role and responsibilities, year of working with the Company and/or its subsidiaries, experience, and

the recognition of lease right assignment fee albeit a drop in room revenue from lower room inventory due to room renovations of Dusit Thani Laguna Phuket, Dusit Thani Pattaya and Dusit Thani Manila

(Decrease) (%) 30.18% 23.87% The Corporate Group’s net cash from operating activities of year 2019 was Baht 687.78 million, which was lower than the net profit before tax by Baht 19.81 million, due to the

) (%) 46.60% 23.87% The Corporate Group’s net cash from operating activities in the 1st Quarter 2019 was Baht 254.19 million, which was lower than the net profit before tax by Baht 10.28 million, due to the

pandemic as number of guests from Europe, SHR’s major customer base, started to decline in March 2020 while most hotels in SHR’s portfolio became temporally suspended since April 2020. Page 7 of 11 Singha

services (excluding fuel costs) Comparing Q2’2020 vs Q2’2019 and 6-month of 2020 vs 6-month 2019 (1) Revenue from sales of RG decreased due to the decrease in Base Availability Credit in 2020 compared to

Dollars. The Company reported total expenses of Baht 398.4 million, decreased by 16.5% compared with QoQ, mainly due to operating expense management and lower shutdown expense. As a result, the Company

gain in Total revenues and lower expenses, details as follow. Revenues from sales increase from Baht 9.66 million for the three-month period financial statement ended March 31, 2017 to Baht 11.70 million

compared to the same period last year which is generally the result of the following:  Cost of hotel operations decreased by Baht 18 million which is in line with the lower hotel revenue.  Cost of property

the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign