E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...

of Directors’ meeting and shareholders’ meeting for entry into the Credit Agreement. 3. After the Partial Repayment, the Company’s outstanding debt owed to ACO I will be USD 219,277,709, or equivalent

KB subscribe all newly issued shares totaling 55,631,431 shares After the completion of the capital increase, the Company will hold 45.09 percent of total issued and outstanding shares of the

person more than fifty percent of the total voting rights of the outstanding voting shares; (b) an individual or a company holding shares in the company in (a) more than fifty percent of the total voting

Ratios Debt to Equity times 0.42 0.42 0.45 Interest coverage times 531.88 227.59 95.03 Dividend payout (%) 55.85%* 55.65% 67.84% * Pending for approval from the 2019 annual shareholders’ meeting Operating

Financial Policy Ratios Debt to Equity times 0.40 0.42 0.42 Interest coverage times 3,095.00 545.41 222.73 Dividend payout (%) 76.07%* 55.96% 55.68% * Pending approval from the 2020 annual general meeting of

Meeting of the Shareholder No.1/2019 on March 18, 2019 approved the Company and the subsidiary to settle the disputes with EXAT as described in No.1. It is pending to the EXAT proceeding according to the

awaiting to transferred at a total value of 15,686 million Baht. The pending amount are to be recognized as planned. 1. As of 31 March 2019, Details and progress of the Company’s residential projects are as

pending amount are to be recognized as planned. 1. As of 31 March 2019, Details and progress of the Company’s residential projects are as follows: Project Operated By Project Value (MB) Total Units Sales

pending of relating law and regulation by Department of National Parks, Wildlife and Plant Conservation regarding the new rule on landscape and animal shelter which is expecting to finalise within 6 months