our expectations of each element for the second-cycle audit inspections, in response of the deficiencies found during the first cycle. It was obvious from the 2014 inspection results that the audit
against risk, and greater than the Bank of Thailand’s requirement. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was
auto industry during 2Q17 and first half of 2017 also exhibited a continual improvement. The number of new car sales for the first six months of 2017 totaled 409,980 units, a growth of 11.2% with the
auto industry during 2Q17 and first half of 2017 also exhibited a continual improvement. The number of new car sales for the first six months of 2017 totaled 409,980 units, a growth of 11.2% with the
contribute to the rate hike are to curb financial stability risks and to start building policy space. In the auto industry, expansion continued during the 11 months of 2018 with total number of car sales at
cost. - Motorcycle and Used Car Hire Purchase In the first quarter of 2018, motorcycle and used car hire purchase in Thailand and electrical appliances, mobile phone and etc. in oversea business, sharing
for the Company to (1 ) enter into the lease of warehouse agreement with JKN Landmark Co., Ltd., (2) renew the car service agreement for the Company’s management with JKN Landmark Co., Ltd., and (3
impacted the European car production volume. European car production reduced from 21.2 million cars in 2019 to 15.7 million cars in 2021. Dealership business in both Thailand and Malaysia slightly improved
agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH
financial statement of the Company ending 31 December 2019 Page 6 of 7 8. Rationale and benefits Best position to lead in the 5G technology cycle This spectrum acquisition marks an important execution for AIS