(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

O U T LO O K E X E C U T IV E S U M M A R Y 12 Statement of Financial Position Total Assets Total Liabilities and Equity Unit: THB Million, % Unit: THB Million, % Assets Liabilities Equity • As at 31

via the income statement both the portion paid by CBD since May 2016 and by ICUK since October 2016. Additionally, the Group started to realize the EFL sponsorship fee for the first- time in June 2017

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED 30

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair

by one decimal point due to rounding Statement of Financial Position Unit: THB million 7% 3% 2% 9% 12% 0% 19% 47% 6% 2% 1% 11% 0% 25% 13% 41% Unit: THB million 15% 5% 6% 3% 0% 29% 41% 11% 3% 4% 1% 20

(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED

KYE: KANG YONG ELECTRIC PUBLIC COMPANY LIMITED L&E: LIGHTING & EQUIPMENT PUBLIC COMPANY LIMITED LALIN: LALIN PROPERTY PUBLIC COMPANY LIMITED LANNA: THE LANNA RESOURCES PUBLIC COMPANY LIMITED LDC: LDC