E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

ASEAN markets • Establishes a strong foundational platform in a highly attractive and fast growing market through a quality bank of scale 2 For the calculation of the transaction value, the IDR amount has

aggressive plans which offered a large bucket of data and attractive voice quota were launched in prepaid. Low-end handset subsidies remained selectively offered by area while high- end handset models were

ecosystem. This instability compromises the ability of humankind and nature to flourish in harmony. This challenge requires leading companies and brands like CHANEL to find a new way forward. The relationship

…: Assuming the cost of electricity for fuel retailer at A$0.225/kWh and A$0.60/kWh for fast convenience based recharging, gross profit is relatively attractive at A$6 per 100km travelled compared to A$1.87 per

of the staff's capability and efficiency in harmony with the SEC's Strategic Plan, tailor-made training 0 50 100 150 200 250 300 350 400 450 500 fee income SET contribution 2006 2007 354.6 441.4 162.7

maintaining network quality and attractive handset campaigns, AIS targets to acquire and retain quality data users in both postpaid and prepaid segments, while expand AIS fibre coverage to capture untapped

competition improved from previous year with price adjustment seen in 1H19 in both postpaid and prepaid segments. However, prepaid unlimited data plans has re-emerged in 2H19. Bundling attractive discounts on

increase the numbers of gas stations selling B20 to 1,000 stations within end of this year. For natural fatty alcohols market, in 1Q2019, it was better than 1Q2018, as its price was more attractive than

warrants exercise  LTM 3Q18 Operating Cash Flow of $1,037 million  Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook”  2019 Guidance reaffirmed; attractive and accretive production