E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

of 2019 (a copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the second quarter of 2019 (a copy in Thai and English) 3. Company's performance report, Form F45-3 for the second

the Thai economy driven by the relaxation of controls and lower concerns on COVID-19 situation which brought in foreign tourists and increased business activities. Overall, AIS reported core service

Thailand and NESDB, overall Thai economy in 2018 expanded by 4.1%, higher than 4.0% growth in 2017. This was mainly from acceleration of private consumption and investment, as well as improving domestic

slightly decrease of the fuel adjustment charge (Ft) for the collection of September - December 2020 of 0.83 Satang/unit resulting in the Ft of -12.43 Satang/unit. Besides, the GPSC has been closely

extend tenors. Most Innovative Bond Deal Award from The Thai Bond Market Association In 21 February 2019, BGRIM was awarded the Most Innovative Bond Deal from The Thai Bond Market Association. This is the

maintain risks within prudent limits. 8 2.3 Liquidity Risk Management Overall liquidity in the Thai banking system eased during the first quarter due to a decrease in loans amid brisk repayment of working

be resulting that the Company would be able to decrease net outstanding debts in the amount of USD 123,899,729 or equivalent to THB 4,275,683,281.33 including the haircut of accrued interest of such

Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 December 2018 Executive Summary The Thai economy in the last quarter in 2018 continued to grow