operations of a branch office may damage the financial position and performance of a management company; or a management company is unable to continue to meet the criteria set (Translation) Page 3 of 3 out

hotels were temporary closed since the 2nd half of March 2020. To mitigate negative impacts and minimize effects on the Company’s performance, the Company is implementing a response plan and is continuing

Company’s performance, the Company is implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. For more details, please see section “COVID

the Year 2018 In the Annual General Meeting (AGM) on 1 April 2019, following the performance of the company and its subsidiaries, the dividend payment has been approved for the year 2018 at Baht 1.25

S&P MD&A Q3_2018-ENG -1- Ref. POL. 119/2018 November 09, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

Company Limited (the “Company”) Board of Meeting No.1/2019 on 26 February 2019, the resolution to certify the Company’s financial statements and performance for the yearly ending 31 December 2018 which has

Services Company Limited (the “Company”) Board of Meeting No.1/2019 on 26 February 2019, the resolution to certify the Company’s financial statements and performance for the yearly ending 31 December 2018

position and performance of the Company in 4 aspects in accordance with the Notification of the Capital Market Supervisory Board Tor Chor 20/2551 Re: Rules on Entering into Material Transactions Deemed as

S&P MD&A YE2018-ENG -1- Ref. POL. 029/2019 February 27, 2019 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

Dental Public Company Limited (LDC) would like to clarify the performance of the Company for the 3 months period ended March 31, 2020 which the details are as follows: 1. Performance Analysis 1.1