NML’s assets to decrease by ten percent or more or by more than Baht 5,000,000 is considered an event having a significantly Enclosure Page 3 adverse impact. 4. The debt restructuring agreement between

been declining, whereby in 2017, the Company’s total revenues amounted to Baht 294 Million, which was decreased from Baht 332 Million in 2016 or representing a decrease by 11 percent, thereby causing the

the decrease of expense in the business operation of the Company. 8 Enclosure 1 7. Basis Used to Determine the Value of Consideration The basis used to determine the value of consideration for the

various areas, and the economy of scale, which enabling the decrease of expense in the business operation of the Company. 7. Basis Used to Determine the Value of Consideration The basis used to determine

future from the increase of advertising media which will be able to reach target more precisely and covering various areas, and the economy of scale, which enabling the decrease of expense in the business

the decrease in the net non-interest income by 22.5%. The bank’s operating results reported net profits for the year 2019 amounting to Baht 2,038.4 million, decreased by 20.7% when compared to the year

profit before income tax of THB 12.02 million. This was due to an increase in revenue and a decrease in the management benefit expenses by THB 0.78 million. However, there was an increase in administrative

and 50.6 percent in Asia Pacific. This leads to a decrease in passenger load factor (PLF) by 12.4 percent compared to the same period last year. Worldwide average passenger load factor (PLF) for the

expenses totaled Baht 6,649 million, declining by 2.7% comparing to the first nine months of 2019 mainly from the decrease in premises and equipment expenses and marketing expenses. Cost-to-income ratio for

, access to new markets, supply chain resilience) of a portfolio company. For financial institutions this could be opportunities of financing and/or insuring operations to transition water users to decrease