Innovation Cybersecurity and Customer Privacy Protection Human Resource Management Social Inclusion Digital Wellness Climate Actions Waste Management Drive Digital Economy Act on Climate Significance to AIS's

151 66 -50% -56% 529 692 31% Natural Resource Business Group 5/ 16 (81) 94 470% 216% 286 117 -59% Others 6/ (24) (61) (92) (137) (282) Profit attributable to owners of the Company 1,471 1,856 (1,546

25 4.4 Treasury Operations 29 4.5 Capital Requirements 29 4.6 Credit Ratings 31 5. Operations of Support Groups 33 5.1 Human Resource Management 33 5.2 IT Management 35 1 1. Overview of Operating

31 5. Operations of Support Groups 34 5.1 Human Resource Management 34 5.2 IT Management 36 1 1. Overview of Operating Environment 1.1 Global and Thai Economy in the Third Quarter of 2019 The global

Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail

was declined to 25. 85 Baht/ kg. , a decrease of 2.06 Baht/kg. or 7% from FY2018, corresponding to crude palm oil price downward. The average EPPO P2F in 4Q2019 ( the difference between ME EPPO price

acquisition date. And lastly, the Company has evaluated fair value of identifiable assets and liabilities as at the acquisition - Translation - Page 10 of 11 date. Difference between the fair value of net

amounted to THB 418 mn and THB 67 mn respectively. The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition

143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair

statement was Baht 63 million. The Company recorded a current income tax of Baht 414 million and deferred income taxes from temporary difference income of Baht 351 million For deferred tax benefits that are