date for determining the underlying value: Guarantee/collateral: Method of redemption:  Physical  Cash  Physical or Cash  Etc. …… Principal protection at maturity date: Offering price: Condition for

, increasing slightly from 0.76 percent in the second quarter. The average exchange rate was 32.97 THB/USD, appreciating from 33.39 THB/USD in the same period last year but weaker than 31.92 THB/USD in the

to the new labor protection law. More causes for loss were sales decrease; higher cost per unit as a result of lower utilization rate; higher depreciation; following the Excise Act, B.E. 2560; higher

exchange rates. KBank hence prioritized effective risk management in order to cope with economic uncertainties both at home and abroad. We adopted a prudent credit policy, accounting for customer potential

(loss) from exchange rate, and deduct interest income from loan to joint ventures and adjusting unrealized gain (loss) from exchange rate as well as non-recurring items. Management’s Discussion and

28 April 2020 At: ACC/HO 011/63 Re: Management Discussion and Analysis for the Quarter of 1/2020 To: President The Stock Exchange of Thailand Following the Coronavirus 2019 (COVID-19) pandemic and

-1 - Translation - Ref. LPN/SorKor/386/2562 7th November 2019 Re: Consolidated Financial Statements Analysis Q3/2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd

. Gain (Loss) on Exchange Rate • Recorded Loss on Exchange Rate at Baht 26 million in Q2’2019 and Baht 15 million in 6M’2019, primarily attributable to an unrealized loss from the currency translation on

million and THB 500 million respectively. The increase is mainly due to the adjustment of one off provision for severance pay according to new announcement of Labour Protection Act in April 2019 by

additional provision of THB 20 Million due to increase in the benefit of employees who have past service of 20 years or more from 300 days to 400 days according to the announcement of Labour Protection Act