2nd quarter of 2020 and 6-month period ended 30 June 2020 To The President The Stock Exchange of Thailand We, Zen Corporation Group Public Company Limited (“the Group”), are pleased to provide you our

- 1 - AIT (VP-SEC) 004E/2020 February 11, 2021 Subject: Management's Discussion and Analysis of Operating Results for the year 2020 and Q4-2020 To: The President of the Stock Exchange of Thailand

conditions of the agreements are followed through the contracts periods. For example, monitoring compliance with loans repayment agreement or the contracts are regularly reviewed for appropriateness. 10.3 The

to investors in private placement, the acquisition of assets and convening the Extraordinary General Meeting of the Shareholders No. 1/2018 (Revise) To : President, The Stock Exchange of Thailand

to investors in private placement, the acquisition of assets and convening the Extraordinary General Meeting of the Shareholders No. 1/2018 (Revise 2) To : President, The Stock Exchange of Thailand

increase came from net interest income which rose Baht 608 million, or 2.63 percent, due largely to interest income from repurchase agreement transactions. Net interest margin (NIM) was equal to 3.37 percent

compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Capital Increase Report Form (F53-4) 2. Report of Information Memorandum on the

Carnival Magic Project, and compensation for design and construction to related person. (Update) To: Managing Director The Stock Exchange of Thailand Reference: 1. Capital Increase Report Form (F53-4) 2

Company Limited On June 8, 2016, the company has entered into a Share Subscription Agreement with CTBC Bank Company Limited (“CTBC Bank”) in order to introduce a strategic investment partner to expand the

8, 2016, the company has entered into a Share Subscription Agreement with CTBC Bank Company Limited (“CTBC Bank”) in order to introduce a strategic investment partner to expand the business potential