of Corporate Governance The Thai Institute of Directors Association (IOD) disclosed the result of 2019 corporate governance evaluation of Thai listed companies. LH Financial Group Public Company

31, 2022, which can be summarized as follows: 1) Profit & Loss Analysis : Q1 2022 (Unit : Million Baht unless otherwise stated) Q1 2022 Q1 2021 Change Amount % Change Total Revenues 6,815 5,739 1,076

ASEAN markets • Establishes a strong foundational platform in a highly attractive and fast growing market through a quality bank of scale 2 For the calculation of the transaction value, the IDR amount has

percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. FORM 56-REIT1 Annual Registration

V3 12/05/63 0 V3 12/05/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the First Quarter of 2020 The Thai economy in the first quarter of 2020

uncertainty of US economic policy. However, the global economy has continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in the first half year. Income and

* According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments since January 1, 2020, the Company reclassified loan from financial institution for the MRT Purple Line Project (the

rate at the end of the period. 7. Losses from foreign exchange in the amount of THB 39 million, due to the Thai Baht depreciating which led to losses on loans and foreign currency trade payables, however

Limited On July 27, 2017, CTBC Bank Company Limited (“CTBC Bank”) became the shareholder of the company holding a total amount of 7,544,961,342 shares or 35.6169% of the paid-up capital. As a result, the