INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for

able to express their opinion objectively as to whether the financial statements are faithfully represented. Through our oversight system, the Securities and Exchange Commission of Thailand (“SEC”) has

of Governors of the Stock Exchange of Thailand Reference is made to the resolutions of the Board of Directors’ Meeting No. 6/2018 of Master Ad Public Company Limited (the “Company”), held on May 17

exchange transactions valued at USD 50,000 or higher must be reported, and transaction evidence with complete information, as determined by the Bank of Thailand, must be issued and delivered to customers. 2

revenue from money market product increased from foreign exchange transaction. Moreover, other operating expenses increased Baht 1,976 million or 2.98 percent over-year, due mainly to marketing expenses. 1

Issued Preferred Shares to Specific Investors To: The President Stock Exchange of Thailand Enclosures: 1. Information Memorandum on the Asset Acquisition and Connected Transactions of U City Public Company

Company of THB 3,076 million (+15% YoY), or earning per shares of 2.23 THB. For Q2/2017, the company and its subsidiaries recorded revenue from sale of goods and rendering of services of THB 42,828 million

Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of the Board of Governors of the Stock Exchange of

Ref. No. IVL 003/02/2019 26 February 2019 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of

such as mutual funds or exchange-traded funds (ETFs) an attractive choice for individual investors. In doing so, we delegate the task of investment management to experts who, for a fee, select a handful