(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED

(THIS REPORT DISCUSSES THE PRINCIPAL CHANGES IN THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED

Reserves and Capital Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio September 2019 June 2019 December 2018 September 2019 June 2019 December 2018 Total capital 487,730 434,708

ดัชนีช้ีวัด (active management) 3.9. ดัชนีช้ีวัด/อางอิง (Benchmark) : 1.ดัชนี Bloomberg Barclays US Aggregate Total Return Value Unhedged USD สัดสวน (%):20.00 หมายเหตุ:ปรับดวยอัตราแลกเปลีย่นเมื่อเทียบ

14 March 2019. Consequently, the company has consolidated GLOW’s operating results for 18 days after the acquisition into the consolidated financial statements of the company. For the preparation of

subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the period

assets pursuant to consolidated financial statement for the period ended March 31, 2018. Therefore, the Company must obligate subject to the Notification of Connected Transactions by disclose information

percent subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the

business acquisition cost which has been calculated backwards from 14 March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) to reflects the company's

Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio December 2018 September 2018 December 2017 December 2018 September 2018 December 2017 Total capital 426,563 427,209 419,580 17.96