performance in 9M18 as expected. Major Development in 3Q18 On 13 September 2018, the Company has issued 1/2018 senior secured and non-collateral corporate bond with total amount of THB 1bnThe bonds has 3-year

Manila despite better performance of Dusit Thani Maldives from higher occupancy. • Hotel Management Revenue from hotel management was THB 224 million, a drop of 14.3% yoy mainly because the Company

consolidated financial performance and position of the Company and subsidiaries (the “Group”) for the 3-month and 6-month periods ending 30 June 2017 as follows: Consolidated financial performance of the Group

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

Q4/2018 operating results, the loss magnitude should be less than the Q3/2018 results. The Company anticipates its performance to recover in 2019 with sales growth target of 5-10%, mainly supported by

We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company

business performance as a whole. The Company and its subsidiaries will closely monitor and control the operation to achieve our turnaround plan as set.

investment which is non-cash transaction. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,521 Million, representing an increase from the same quarter of

“Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries (the “Group”) for the 3-month and 6