fair value measurement is crucial and has significant effect on the fair presentation of the investment amount and the gains from loss of control in subsidiaries. In addition, the information disclosed

concerning auditors of subsidiaries, to reduce unnecessary burdens and obstacles to funding. The consultation paper is available at http://capital.sec.or.th/webapp/phs/upload/phs1521168500hearing_06_2561.pdf

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 December 2018 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 March 2020 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways

tangible assets by calculating from the consolidate financial statement of the Company and its subsidiaries as at December 31, 2018 Size of Transaction = Value of Transaction/Non Tangible Assets = 47.29

Company’s total assets. Hence, the Company and its subsidiaries have not disposed any assets of the Company and its subsidiaries for the last 6 months. (5) Details of the disposed asset The 16 plots of

International Airport which takes approximately 15 minutes to reach downtown Bratislava. 2 Over the past 6 months, the Company and its subsidiaries have acquired other assets in the amount of Baht 1,373,050

“SORKON” and its subsidiaries (“the company”) would like to clarify the operating results for Year 2018 as follows: Revenue and Net Sales The Company recorded its total revenue of Baht 2,952.2 million, or

agreement: Agreement with AEON Credit Service Systems (Philippines) Inc. is within May 2017. Contractual parties with AEONTS and its subsidiaries companies: Company Business Relationship with AEONTS AEON

the net tangible assets by calculating from The consolidate financial statement of the Company and its subsidiaries as at March 31, 2017 3 Size of Transaction = Value of Transaction/Non Tangible Assets