should support its hotel revenue growth in Guam despite an escalated political tension between North Korea and The United States. Dusit Thani PCL Management Discussion and Analysis 2017 P a g e | 8 Middle
economy, and the ongoing geopolitical tension. Although many risks are emerging, we believe that within these risks there are still opportunities for us, which we will adjust our business strategy soundly
-emerged and further strained tension on economy. Competition around data pricing with unlimited plan remained high and barred monetizing rise in data demand as well as stabilizing ARPU. However, mobile
shareholder. In the event that a director has a personal interest in any matter, such director shall have no right to vote on such matter, except voting for director election. In casting votes for passing any
company whose size is significant in comparison with the size of the holding company. (3) Major shareholders’ agreement (if any) In the event that the major shareholders make an agreement on a matter that
any) In the event that the major shareholders make an agreement on a matter that materially affects the issuance and offer for sale of securities or the management of the Company, and such agreement is
related. Therefore, in considering and approving matters under Agenda 2 to Agenda 6, it is considered as a condition of each other. If the matter is not resolved, the approved matter will be considered
related. Therefore, in considering and approving matters under Agenda 3 to Agenda 6, it is considered as a condition of each other. If the matter is not resolved, the approved matter will be considered
financial assistance to the annual general meeting for ratification or not. If there is a conclusion on the matter, the Board of Directors of the Company will arrange for the information to be disclosed via
the date on which the Board of Directors’ Meeting would resolve to grant approval for the Company to propose the matter to the Shareholders’ Meeting for consideration and approval for the execution of