loans to EGCO Plus. Meanwhile, retirement benefit expenses was increased due to the effects of the amendment bill to the Labour Protection Law. Page 8 Quezon (Include PEPOI and QMS): Unit : Million Baht

of 2017, or up to 39.97%. Total operating expenses were included employee benefit expenses, fee and service expenses, financial costs and other expenses.

CentralFestival Pattaya Beach following the transfer in December 2017. Moreover, CPN achieved lower financing cost, consistent with lower debt, and lower tax expenses due to the benefit of corporate tax deduction

comparable of the appraiser for the best benefit to the Company and the shareholders. The Board of Directors view that the cease of business operation of the manufacturing accessories and faucet products and

& amortization 8,556 9,052 9,572 12% 5.8% 24,960 27,471 10% (Gain) loss on disposals of PPE 12 15 (3.2) -127% -121% 22 40 82% Management benefit expense (41) (47) (30) -27% -36% (145) (112) -23% Other financial

, Mueang Samut Prakan District, Samut Prakarn Province, which can still be utilized and benefit to the Company. 10. Conditions for the entering into the transaction This entering into the transaction is

Transaction The Board of Directors has considered information and is of the view that the Transaction will benefit the Bank, and that the Transaction is reasonable and appropriate. 12. Approval of the

benefit expenses, fee and service expenses, interest expense and other expenses. LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2020 Page

. Total Expenses Total expenses were included employees’ benefit expenses, fees and service expenses, interest expenses and other expenses. In the first quarter of 2021, total expenses were Baht 70.9

ended 31 March 2020 2 | P a g e *Value may differ by one decimal point due to rounding Highlights 1/ One-time expenses in Q1/2019 were resulted from the employee retirement benefit (net after tax). 2