platform that has facilitated our customers by performing their own transactions through our virtual teller machine (VTM). For overseas business in Cambodia, Myanmar and Laos, they have active customers more

facilitated by government subsidizations. This was further supported by a continuous increase in foreign arrivals despite some structural headwinds and rising geopolitical conflicts. In summary, AIS reported

market conditions facilitated increase transaction volume. Performance in Q3/2018 compared to Q2/2018, the Refinery and Trading Business Group record an increased EBITDA by THB 213 Million, with the

fostering an amicable relationship with trade partners, and market conditions that facilitated an increase in trade transactions. Performance comparison between Q4/2018 and Q3/2018, the refinery and trading

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...