, accounting for 8.19% due to the previous year, the retirement financial estimate was recorded from 3 0 0 days to 4 0 0 days. An additional estimate has been made to expenses in the prior year. The lower

been granted prior approval by the authorized Committee or management concerned; (c) number of persons and information of the personnel who are responsible for risk management arising from derivatives

been granted prior approval by the authorized Committee or management concerned; (Translation) (c) number of persons and information of the personnel who are responsible for risk management arising from

1 Ref: AC.034/2019 4 November 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

P a g e 1 | 7 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

1 Ref: AC.024/2019 3 August 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

gross profit has also increased from 2018. As for the statement of financial position as of 31 December 2019, the total assets of the Company were 23.47335 billion THB and the total liabilities were

important. Prior to making an investment decision, investors must exercise own judgment when considering detailed information relating to the securities issuer and the conditions of securities, including the

concerning the acquisition of an infrastructure asset shall be furnished with the following contents; (1) the trust manager shall, prior to any such acquisition, proceed with the followings; (a) conduct a due

measures that Spring shall publicize remedial measures for service users as proposed by Spring for not less than 45 days prior to the date of service termination. Moreover, NBTC set compensation as a result