property management fee at the rate of not exceeding 3.00 percent of WHART Trust’s net asset value - 3 - 5. Authority Given to Chief Executive Officer or Person Assigned by Chief Executive Officer in

to the company acknowledged the one-time profits in the amount of THB 108 million from the transfer of 4 Thai restaurants in the UK and other relevant properties to Patara Fine Thai Cuisine Limited

% 21.4 0.9% 15.4 256.7% Trade and other receivables 39.0 1.6% 56.0 2.4% 17 43.6% Property Development Cost 243.9 9.8% 156.7 6.8% -87.2 -35.8% Investment Properties 520.4 20.8% 518.9 22.6% -1.5 -0.3% Land

due to The Group has paid for constructions cost, project development costs, in advance for future developments, and investment properties. As for total liabilities of The Group as of June 30, 2017

Cost 96.5 4.3% 243.9 9.8% 147.4 152.8% Investment Properties 507.3 22.4% 520.4 20.8% 13.1 2.6% Land and Equipment 126.6 5.6% 151.7 6.1% 25.1 19.8% Leasehold rights and buildings 1,260.9 55.7% 1,330.8

Properties 507.3 22.4% 520.4 20.8% 13.1 2.6% Land and Equipment 126.6 5.6% 151.7 6.1% 25.1 19.8% Leasehold rights and buildings 1,260.9 55.7% 1,330.8 53.3% 69.9 5.5% Deposits 134.1 5.9% 136.8 5.5% 2.7 2.0

Properties 518.8 518.8 0.0 0.0% Leasehold Right and Building 1,298.8 1,286.4 12.5 1.0% JAS Asset Management Discussion and Analysis, Q2/2019 Page3/4 30-Jun-19 31-Dec-18 Change %Change Deposit 134.4 132.5 1.9

28 years 6 months, including the transfer of the moveable properties and equipment connected to the business operation in the retail space section of Suntowers Building to the REIT. Expected

at 3.50%, which will be used for capital expenditure and working capital. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 416.7

by Mr. Sopnendu Mohanty, Chief FinTech Officer, to discuss and exchange views on FinTech developments and key digital infrastructure. The discussions focused on promoting asset tokenization, securities