KASIKORNBANK 7 3.3 Customer Segments and Services 9 3.4 Service Channels 12 3.5 Awards and Commendation 15 4. Operating Performance and Financial Position Analysis 16 4.1 Operating Performance 16 4.2 Financial

regarding Definition of Institutional Investor, Ultra High Net Worth, and High Net Worth Investor; “client” means user of an intermediary’s services; “Stock Exchange” means the Stock Exchange of Thailand

contingent upon a sustained business and economic environment BB+ BB BB- B+ B B- B C D Ba1 Ba2 Ba3 B1 B2 B3 NP BB+ BB BB- B+ B B- B C D High default risk - debtor’s capacity for meeting commitments may be

DCORP 008/2020 February 26th, 2020 Subject 2019 Performance Report for the Year Ended December 31st, 2019 and the Reduction of Performance Exceeding 20% To The Securities and Exchange Commission and

export destinations and almost all product segments. This was, to some degree, a result of a firmer economic recovery in Thailand’s major trading partners. In addition, a better-than-expected performance

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com 1

Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and subsidiaries