PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.726 per cent. and EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2031 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.400 per cent. The EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 (the "2026 Notes") and the EUR300,...

21.7 percent. A largely decrease was mainly from gain on sales of investments in marketable securities which dropped by 1,353.4 million baht or 77.9 percent. However, the Company has gained on foreign

leading to the consideration that such requirements or conditions to be exempted are insignificant to the consideration of the application for approval in such particular case and the benefits to be gained

performance, the quality of its corporate governance, and its long-term business success. The term ESG has gained widespread acceptance and use within investor circles. For example, the Principles for

Management 36 1 1. Overview of Operating Environment 1.1 Global and Thai Economy in the Third Quarter of 2017 Overall, the global economy gained traction throughout the first nine months of 2017. Bright

corporate governance, allowed KBank and K Companies to meet business targets as we gained wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in 2018. C

operating activities For the first half of 2017, the company and its subsidiaries had net cash gained from operating activities of Baht 1,997 mill ion, which increased from cash received from operating

declined, combined with the lower average utilization rate compared to the previous quarter.  During this quarter, the refinery business gained from crude and product oil price hedging contract THB 29

exempted are immaterial to the consideration of the application for approval in such particular case and the benefits to be gained are not worth the cost of complying with such regulations or conditions; (2

other shareholders; 2. there is a possibility of failure to protect shareholders’ rights by causing any person to gain a financial benefit other than what should normally be gained or by causing the