acquisitions and their related transaction costs and pre- operative expenses 4 Interest net of tax on THB 15 billion Perpetual Debentures 5 M&A earnings are annualized for ROCE calculation to appropriately

calculation to appropriately represent the ratio based on restated historical numbers. ROCE calculation is based on THB currency which may not match with other graphs where the calculation is on $ basis

acquisitions and their related transaction costs and pre-operative expenses 4 Interest net of tax on THB 15 billion Perpetual Debentures 5 M&A earnings are annualized for ROCE calculation to appropriately

meets the following qualifications: (a) The components of the index are the underlying that described in (1) – (7); (b) The index calculation methodology is clearly specified with reference to sources of

ด้วยอัตราแลกเปลี่ยนเพื่อเทียบกับค่าสกุลเงินบาท ณ วันท่ีคำนวณผลตอบแทน ร้อยละ 25 Benchmark Benchmark is • 75% of S&P 500 Index adjusted by cost of FX hedging and converted to Thai Baht on the calculation

government bond or other assets as notified by the Office. The calculation of collateral value shall be made in accordance with the notification of the Office; (2) the deposition of collateral which is

as notified by the Office. The calculation of collateral value shall be made in accordance with the notification of the Office; (2) the deposition of collateral which is securities shall be made by

Baht, letter of credit, Thai government bond or other assets as notified by the Office. The calculation of collateral value shall be made in accordance with the notification of the Office; (2) the

calculation of the return or performance in the past shall be prepared in accordance with performance measurement standards as set out in the notification of the Association; (3) The advertisement with

standards set out by the Association. The statement shall be placed after the statement under (a) and on the same page; (2) The calculation of the return or performance in the past shall be prepared in