) Financial Position Analysis (Unit : Million Baht) June December Change 2024 2023 Amount % Change Total Assets 23,494.8 25,293.3 -1,798.5 -7.1 Total Liabilities 11,859.0 13,976.7 -2,117.7 -15.2 Total Equities

40.32 percent, which was better than the target. Meanwhile, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, the

amounting to THB 3,338 million, with total liabilities of THB 3,011 million and total equities of THB 9,457 million. In this regard, the company’s financial position remains strong with low debt-to-equity

Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2020 comparing operating performance and financial position for the

Ester Business Unit Operating Performance 10 ▪ Fatty Alcohols Business Unit Operating Performance 12 Statement of Income 14 Statement of Financial Position 16 Statement of Cash Flows 18 Key Financial

position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards

. Name Position 1. Mr .Wutichai Leenabanchong Director 2. Mr .Theerachai Leenabanchong Director 3. Ms .Onchulee Lawsmithikul Director 4. Mr .Monthon Chatuwallopkul Director List of shareholders No. Name As

of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary General Meeting of Shareholders

Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary General Meeting of

shares traded on the Stock Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary