Microsoft Word - MDA_3Q18_DTC_ENG_V1.3_1-nw_1 Dusit Thani PLC Management Discussion and Analysis 3Q18 and 9M18 P a g e | 1 Executive Summary The Company reported net loss of THB 60 million in 3Q18

Company Limited ("Company") would like to describe and analyze the financial position and operating results for quarter 1-2019 are summarized as follows. Performance Analysis For the Quarter 1-2019, the

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

adequacy ratio (CAR) of KASIKORNBANK FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 18.96 percent, with a Tier 1 capital ratio of 16.50 percent. Being aligned with our

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same

percent, with a Tier 1 capital ratio of 15.57 percent. Being aligned with our business strategies, all of the above endeavors allowed KBank and K Companies to meet business targets and at the same time gain

Locations Number of Locations Mar. 2019 Dec. 2018 Mar. 2019 Dec. 2018 Branch Network 1) 927 958 Branches of Locally Incorporated Institution 6 6 Foreign Exchange Booth 138 137 KASIKORNTHAI BANK LIMITED (Lao

Jun. 2019 Mar. 2019 Branch Network 1) 882 927 Branches of Locally Incorporated Institution 6 6 Foreign Exchange Booth 138 138 KASIKORNTHAI BANK LIMITED (Lao PDR) 2 2 THE WISDOM 101 102 KASIKORNBANK

FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 17.70 percent, with a Tier 1 capital ratio of 15.41 percent. All of the above endeavors and satisfactory operating performance