KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 18/03/2014 - 27/03/2014

KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 01/10/2012 - 10/10/2012

KWI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 03/03/2016 - 08/03/2016

KWI ASSET MANAGEMENT COMPANY LIMITED|Specific Fund | Offering Date : 23/07/2007 - 02/08/2007

KWI ASSET MANAGEMENT COMPANY LIMITED|Foreign Investment Fund : FIF | Offering Date : 09/05/2008 - 15/05/2008

percent, due to decreases in other expenses and personnel expenses while premises and equipment expenses increased, mainly from technology investments. Portion of Operating Expenses Personnel expenses

% 6.0% 25.5% 20.2% 22.3% 50.5% 60.4% 47.7% Q2'20 Q1'20 Q2'19 Portion of Operating Expenses Personnel expenses (Including directors’ remuneration) Premises and equipment expenses Taxes and duties Other

included a decrease of Baht 1.6 billion in other expenses due predominantly to lower provisions for contingencies. Portion of Operating Expenses Personnel expenses (Including directors’ remuneration

Q3'16 18.9% 22.5% 7.0% 6.8% 21.0% 19.6% 53.1% 51.1% 9M'17 9M'16 Portion of Operating Expenses Personnel expenses (Including directors’ remuneration) Premises and equipment expenses Taxes and duties Other

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying