PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 19/02/2018 - 27/02/2018

sales and increased in number of registered vehicles for investment purposes. Exports during the first quarter of 2019 contracted 1.6% from the same period last year as a result of declining global demand

quality, the Non-Performing Loans (NPLs) continue to show improvement with the Non- Performing Loans (NPLs) to total loans ratio at the end of 2018 declining to 4.1% from 5.0% at the end of 2017. On Special

Loans (NPLs) to total loans ratio at the end of 2018 declining to 4.1% from 5.0% at the end of 2017. On Special Asset Management business, the Bank sold non-performing assets (NPAs) totaling Baht 1,378

Baht 4,015 million, a decline of 6.8 yoy while comprehensive income for the first nine months totaled Baht 3,886 million, also declining by 8.8%. Pre-provision operating profit for 3Q20 increased by 13.2

last year as a result of declining global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China and the down-cycle of electronic products. In

income. Nevertheless, signs are pointing to the slowing momentum of car sales, with sales for the month of June declining by 2.1% yoy, the first decline in 30 months, which could be indications of market

and await for certification from Ministry of Commerce, moreover professional and consulting expenses arise before current management of company took over and managed from June 18, 2020 (reference from

1,015 million, a decline of 4.5% from 2Q18 amount of Baht 1,063 million. Bancassurance fee for 2Q19 amounted to Baht 206 million, declining 19.0% yoy from Baht 255 million for 2Q18. For Capital Market

2018. Meanwhile, fee generated from investment banking business for 2019 totaled Baht 552 million, decreased when comparing to 2018. Bancassurance fee amounted to Baht 938 million, also declining 6.2