voting guidelines.   Vorrapol Socatiyanurak, Secretary-General of the Securities and Exchange Commission, Thailand (SEC) said that ?The institutional investors? attempt to set precedence in exercising

residential business of Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. In spite of higher revenues, earnings before taxes (“EBT”) declined by 589

residential business of Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. Likewise, net profit jumped from increased revenues. Likewise, as for 4Q17

Company Limited Filing FinancialStatement 56-1 56-2 Ranking NVD NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking NL NL Development Public Company Limited Filing

. Note: (1) Information provided in the table excludes residential project developed by Nirvana Daii PLC which the Company held 51.56% ownership. As of 31 December 2019, residential projects for sales

Project, OFC ICONSIAM, True Coverage Expansion, Underground Electricity System - Nirvana (Rama9-Krungthep Kreetha). However, the revenue from the business decreased as in 2018 the delivery units of

of conduct, CRAs should keep in mind that the laws and regulations of the jurisdictions in which they operate vary and take precedence over the IOSCO CRA Code. These laws and regulations may include

% 4Q2022 Santiburi The Residences 6,433 15% n/a Note: (1) Information provided in the table excludes residential project developed by Nirvana Daii PLC which the Company held 51.56% ownership. As of 31

and take precedence over the IOSCO CRA Code. These laws and regulations may include direct regulation of CRAs and may incorporate elements of the IOSCO CRA Code itself. Finally, the IOSCO CRA Code only

Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains