shareholders structure is as follows: LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2019 Page 3/22 Thailand's Private Sector Collective

2 new investors on the share capital increase in a proportion of 49 percent on Pace Project One Co., Ltd and 48.7 percent on Pace Project Three Co., Ltd. The Company remeasured the remaining

fragile economy with signs of global economic slowdown despite a continuous recovery in Thailand’s tourism and the improvement in inflation that helped boost private consumptions and economic activities. In

Environment In 2Q23, Thailand's economy showed a further recovery from revived global tourism and hospitality-related sectors and a slightly improved private consumption as a reflection of tamed inflation

being the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 0.5%. The unemployment rate in 3Q/2023 was

the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 1.2%. The unemployment rate in 4Q/2023 was slightly

OFFERING) AND (2) A SPECIFIC INVESTOR (PRIVATE PLACEMENT) July 14, 2017 Reference is made to the Board of Directors’ Meeting of G Steel Public Company Limited (the “Company”) No. 6/2017, held on July 14

OFFERING) AND (2) A SPECIFIC INVESTOR (PRIVATE PLACEMENT) (Additions) July 14, 2017 Reference is made to the Board of Directors’ Meeting of G Steel Public Company Limited (the “Company”) No. 6/2017, held on

LIMITED TO (1) THE EXISTING SHAREHOLDERS PRO RATA TO THEIR SHAREHOLDINGS (RIGHTS OFFERING) AND (2) A SPECIFIC INVESTOR (PRIVATE PLACEMENT) (Additions) (Amendments) July 14, 2017 Reference is made to the

growth contributors are also anticipated to perform better especially private investment which will be backed by vigorous export expansion and investment by public sector. Increase in money injection from