Management Discussion and Analysis For the first quarter ended March 31, 2020 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66-2495-1366

Summary In the year 2020, the Company expects to be able to recognize synergy value from the merger of approximately THB 400-500 million mainly from the management of power plants, power and steam network

transfer date, SUTGH will hold shares of SUT Global Company Limited (“SUTG”), in the amount of 132,000 shares, having a par value of THB 100 per shares, or equivalent to 66 percent of SUTG’s issued and paid

Page 1 of 5 26 February 2019 Subject Management Discussion and Analysis for the year ended December 31, 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

  Management Discussion and Analysis, Q1/2018 Page 1/4 JMT

73 1 / 4 Ref. MD 016/2018 10th May 2018. Subj Management Discussion and Analysis (MD&A) Q1/2018 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

2018 due to the increase in revenue from juristic management and condominium project management. - Net gain from a fair value adjustment in 2019 amounted 55.78 million baht increased by 17.29 million

73 1 / 4 Pef. MD 042/2017 15th August 2017 Subj Management Discussion and Analysis (MD&A) Q2/2017 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

of Thailand Enclosure : 1. Financial Statements for the Second quarter ended June 30,2017 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed

million baht in 2017 due to the increase in revenue from juristic management and condominium project management. - Gain on change in fair value of investment properties in 2018 amounted 38.49 million baht