to KPSG in order to acquire all of KPPH’s shareholding, and KPPH shall become 100% owned subsidiary of CCPH upon completion. Purpose of Amendment To reduce potential taxable risks from Philippines side

of systematic management of supply chain, the Company is currently under the studying process to establish a new factory to produce other packaging items mainly for captive consumption and may consider

6,450.00 4,045,769.21 Invesco MSCI USA ESG Universal Screened UCITS ETF 20.14 13,610.00 31,872,877.92 Invesco Preferred Shares UCITS ETF 1.66 3,970.00 2,628,976.41 Invesco Taxable Municipal Bond 2.30

ETF USD Dist Invesco MSCI USA ESG Universal Screened UCITS ETF Invesco Taxable Municipal Bond iShares USD Floating Rate Bond UCITS ETF iShares Core MSCI Pacific ex-Japan UCITS ETF iShares Global

ABC Systematic Global Macro ห้ามขายผู้ลงทุนรายย่อย ABC Multi-Asset ห้ามขายผู้ลงทุนรายย่อย เป็นต้น - Private Equity Strategies เช่น ABC Private Equity ห้ามขายผู้ลงทุนรายย่อย เป็นต้น - ลงทุนทรัพย์สิน

increase was primarily attributable to an increase in tax on profits arising from an increase in taxable profit B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis NORMALIZED NET PROFIT

Baht 118 million to Baht 132 million for the six months ended June 30, 2017 due to an increase in taxable profit. 2.5) Normalized Net Profit 6M'2016 6M'2017 % change million Baht million Baht % Net

year 2021. Income tax expenses Income tax expenses in Q4–2022 increased from Q3–2022 and Q4–2021. This is because in Q4–2022, some deferred tax assets were adjusted that may not be taxable in the future

gain in this quarter was not taxable. SG&A expenses were at Bt4,957mn, decreasing -12% YoY while increasing 1.0% QoQ driven by a tight control in marketing and administrative expenditures. • Marketing

wherein individual shareholders shall not include as taxable income and not be entitled to a dividend tax credit in the computation of tax. Management Discussion & Analysis (MD&A) Q3/2017 Management