The ratio of capital fund to risk assets As of 31 December 2018 As of 31 December 2017 Million Baht % Million Baht % Common Equity Tier-1 capital funds The Bank 34,344.2 17.131 34,101.4 18.673 Minimum

to closely monitor credit quality and maintain high levels of capital fund and loan loss provisions to withstand a potential adverse impact from economic uncertainty. Credit Rating LH Financial Group

Environment 1.1 Global and Thai Economy in the First Quarter of 2019 The global economy exhibited signs of slower growth in the first quarter of 2019 amid concerns over uncertainty surrounding the protracted US

half of the year. Against the backdrop of the global trade slowdown and uncertainty over US trade policy, merchandise exports in 2018 expanded by 7.7 percent, down from 9.8 percent growth in 2017

4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018

impacts of layoffs, reduced income and reduced confidence due to increased uncertainty about the future. As a result, private consumption is expected to contract, although government measures could help

reporting ► Comparative information ► Statement of compliance 6 Judgements, uncertainties and errors ► Judgements ► Measurement uncertainty ► Errors These requirements in IFRS S1 are necessary for any

impact and uncertainty of land and building tax and stricter lending policies by financial institutions as loan-to- value (LTV) measures and an economic downturn which led to the slowdown of purchases of

approved interim dividend payment of THB 0.80 per share to be paid from the 2019 net profit, which is lowered from THB 1.30 as announced on February 20, 2020. Whilst there is much uncertainty from the COVID

common elements underlie good corporate governance. The Principles build on these common elements and are formulated to embrace the different models that exist. For example, they do not advocate any