Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2018 Page 4/18 For the banking sector in the first quarter of 2018, overall loan growth accelerated and extended

increased 25% from 4Q18 whereas non- current liability decreased 19% from 4Q18. A major movement is a result of 900MHz spectrum license payable. With the extended term of payment, a portion of payment

, deposits and loans of banking sector kept expanding. New loan extended to both business sector and household sector, corresponding with liquidity and interest rate in commercial banks that continually

(as amended) (the “Connected Transaction Notifications”). Upon the completion of the Entire Business Transfer Transaction, SUTGH shall hold 24.84 percent shares of the total Company’s issued shares

over the next 3 years in these high-growth, high-margin areas. This amount is in addition to the investment already made or announced of $1.50 billion in projects that are pending completion and their

Common Equity Tier 1 capital ratio, by an increment of 0.5 percent from January 1, 2019 until completion of the increment of 1.0 percent from January 1, 2020 onwards. For the Bank, with the inclusion of

profit at THB 46 million (due to the restatement following the completion of fair value assessment on July 2018, also there was a profit realization for the full quarter performance) 4. Sales of the Nikaho

the Company or Subsidiary shall take place upon the completion of construction of the ERU Project and the issuance of a Provisional Acceptance Certificate (PAC) for the CFP. During the operation phase

revenue stood at THB 218 mn, an increase of 6.4% YoY) due to the following factors. • Contributions from newly opened food courts at Central Phuket Floresta and Central Village as well as completion of food

completion of the increment to more than 2.50 percent from January 1, 2019 onwards. To satisfy the minimum levels and capital buffer requirements of the BOT, in 2018 the Bank was required to maintain the