ventures 152 131 157 20% 4% 517 595 15% Income tax expenses (66) (49) 8 n/a n/a (257) (243) (5%) Profit before FX & extraordinary items 786 1,055 607 (42%) (23%) 3,445 3,904 13% Net foreign exchange gains

. | consolidated and separate financial statements increased by an amount of Baht 140 million and Baht 133 million, respectively. o The Extraordinary General Meeting of shareholders of BCP Innovation Pte. Ltd., a

expenses 168 50 174 248% 4% Shares of profit of associates and joint ventures 130 463 (68) (115%) (152%) Income tax expenses (46) (43) (254) 491% 452% Profit before FX & extraordinary items 1,302 1,309 1,688

) 316% Profit before FX and extraordinary items 1,283 2,293 2,755 115% 20% 4,374 6,735 54% Net foreign exchange gain (loss)2 17 (5) 21 25% (515%) 207 (13) (106%) Net profit 1,300 2,288 2,776 114% 21

-interest income, derived mainly from an extraordinary item from the sale of a bank subsidiary. Meanwhile, net interest income enjoyed ongoing growth, albeit at a decelerating rate, due in part to a reduction

%) Income tax expenses (112) (46) (30) (35%) (73%) (202) (76) (62%) Profit before FX & extraordinary items 1,168 1,302 1,789 37% 53% 2,241 3,091 38% Net foreign exchange gains (losses) 28 (52) 242 (568%) 763

& extraordinary items 607 1,282 1,309 2% 116% 3,904 5,684 46% Net foreign exchange gains (losses) (3) 17 111 553% n/a (15) 317 n/a Net profit 604 1,299 1,420 9% 135% 3,889 6,001 54% Non-controlling interests (118

meeting or extraordinary general meeting, provided that it shall comply with rules as specified by the notification of the Capital Market Supervisory Board. The board of directors shall include the matter

planning, enable linkages with the global market, and benefit various sectors in the society. The successful outcome would be reflected in the capital market of larger size and higher liquidity which in turn

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...