) 25. Retained earnings (deficits) arising from risk prevention equipment with directly recognition to the owner’s equity 26. retained earnings (deficits) 26.1 Appropriated 26.1.1 legal reserve 26.1.2

business targets as we gained wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in 2017. Under our redefined strategies for the next three years, KBank

( “ the Company” ) would like to submit our management’s discussion and analysis for the fiscal year ended December 31, 2019, as follows: For the year ended December 31 Change 2019 2018 MB MB % Sales

1 -Translation- No.ECF2 004/2018 24 January 2018 Subject: Change in Shareholding Structure of the Planet Board Company Limited, a Subsidiary Company of the Company To: President The Stock Exchange of

outlet is expected to operate in 4Q18. For eCommerce channel which has been developed since end of 2017 the Company keep investing in this platform to serve the change of consumer lifestyle, likewise

Eastern Economic Corridor. For eCommerce channel which has been developed since end of 2017, the Company keep investing in this platform to serve the change of consumer lifestyle. Moreover, for product

change of scoring criteria effective this year despite an increase of average number of registered patients to 176,554 from 164,812 person yoy. Operation : Consolidated Profit & Loss Statement 3Q 3Q % 9

Change 9M/2018 9M/2017 Change MB MB % MB MB % Services income from debts collection and others 77.7 60.5 28.4% 201.8 177.0 14.0% Revenues from collection of purchased accounts receivables 369.3 288.9 27.8

the following details. Financial performance Statement of income Consolidated financial statements for the 9-month ended 30 September 2017 30 September 2018 Change (Reviewed/Restated) (Reviewed

non-current assets amounted 1,035.1 million baht, increased 64.0 million baht or 6.6 percent compared to non-current assets as of December 31, 2019. The significant change occurred from changes in