E_1 Legal_FA_2015_12_29-c A HibrWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2018 The Thai economy in the third quarter of 2018 grew at a decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles. Nonetheless, the business sector remained challenged by new modes of competition, the broade...

expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares Financing Costs In 2Q’18, financing cost increased THB 3.2 million or 275% yoy. This was due to an increase

subsidiary’s remaining shares in 1Q’18. Financing Costs In 3Q’18, financing cost increased THB 3.3 million yoy. This was due to an increase of bank loans for the acquisition of the remaining shares of the

remaining of the purchase BIC has acquired all the ordinary shares of Nam San 3A and repaid the debt between Nam San 3A and the Seller, including the affiliate of the Seller in the total price not exceeding

assets as aforementioned resulting in remaining excess loan loss reserve of Baht 1,887 million which the Bank plan to release within 5 years on a straight line method. As of end of 1Q20, allowance for

end of 31 March 2021, amounted to Baht 345,281 million, increasing 9.0% from the end of 2020. Deposits were Baht 252,388 million, remaining stable from end of 2020. Deposits comprised of 45.9% of term

provisions for the impairment from revaluation of foreclosed assets as aforementioned resulting in remaining excess loan loss reserve of Baht 1,887 million which the Bank plan to release within 5 years on a

increase of administrative expenses in year 2018 was due to one-time expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares in 1Q’18. Earnings before interest

execution date of the Agreement to sale and purchase shares. For the outstanding share price in the amount of THB 28,954,958.77 (calculated based on the Director’s Loan amount at THB 274,845,041.23) or any

cost of one project affecting a reduction of income of Baht 20.51 million and also the estimation of penalty charge of two projects expected to be delayed affecting a reduction of income of Baht 5.47