past several years. Also, the change in accounting standards, which effective in 2020, affects the scheme of provision allowance for non-performing loans of financial institutions. However, it is

Management Business.” 4.1 Net profit and Total Comprehensive Income for Q4/2019 and year ended December, 31 2019 Consolidated Unit: Baht million 2019 2018 Change (% yoy) Q4-19 Change (%qoq) Change (% yoy

percent. Million Baht Item June 2020 March 2020 December 2019 Change (%) March 2020 December 2019 Consolidated Non-performing loan (Gross NPL) /1 108,604 85,240 79,149 27.4% 37.2% Gross NPL to total loans

gas-fired combined cycle cogeneration power that commenced COD on February 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The Project was able

Bank and its Subsidiaries Million Baht Item Quarter Change (%) 1/2019 4/2018 1/2018 4/2018 1/2018 Net profit * 9,028 8,101 9,005 11.4% 0.3% Earnings per share (Baht) 4.73 4.24 4.72 11.4% 0.3% Net

securities trading but has also been dedicated to fostering sustainable capital market development while expanding opportunities and driving positive change across multiple dimensions of Thai society—aligning

-impaired (POCI) 5 Profit and Loss Transaction For the three-month period ended March 31, CONSOLIDATED Change (BAHT'000) 2020 2019 Amount % Interest income 4,840,262 4,440,556 399,706 9.0 Interest expenses

(POCI) 4 Profit and Loss Transaction For the three-month period ended March 31, CONSOLIDATED Change (BAHT'000) 2020 2019 Amount % Interest income 4,840,262 4,440,556 399,706 9.0 Interest expenses

/ Total mandatory reserve 186.1 183.0 184.9 186.3 186.3 184.4 4 Profit and Loss Transaction For the three-month period ended March 31, CONSOLIDATED Change (BAHT'000) 2019 2018 Amount % Interest income

We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and