areas in which the Company provides services, resulting in the reduction of risks of the loss arising from instability of utility systems for the industrial users. 7.5 The Company will be able to

use the amount in excess of the limit to reinvest in new securities. The move is expected to help slow the rise in US Treasury yields and mitigate potential volatility in financial markets worldwide

Baht volatility and international capital movements. Within this context, KBank has accentuated enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership

volatility in the market, the company will inform of the price prior to April 30, 2020 through the Stock Exchange of Thailand. The price shall be the weighted average of 7 business days with a discount of no

" 20.2 1 3 20.3 (1) (2) (3) 10 (fluctuation) . . . 15 (4) (5) 3 (credit line) 90 . . . 90 . . . 20.4 FATCA P a g e 56 | ( ) KTFFE86 86 Krung Thai Fixed Income FIF Enhanced86 Not for Retail Investors

payment of 36.17 percent in spite of decrease in EBITDA of 0.83 percent from the end of year 2017. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking

percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2019, the Corporate

currency fluctuation whereas foreign debts were all fully hedged. Profit In 3Q17, EBITDA was Bt17,589mn, increasing 15% YoY and 2.8% QoQ. This was underpinned by a decent growth in revenue with softer

Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2017, the Corporate Group had no long-term debt obligation to

minimize potential impact from exchange rate fluctuation. Source : Bank of Thailand Cost of sales and expenses Cost of sales In 2017, cost of sales accounted for 74.5% of total sales, slightly higher than