Limited (“the Company”)’s priority in this uncertain time is the health and safety of all stakeholders – customers, employees, business partners and communities. In order to strictly following the

year remains uncertain, depending on the domestic COVID-19 containment and the hope of getting a thorough vaccination program. For the overall Group's business operations, in the first quarter of 2021

reserve The above right to receive dividends remains uncertain unless the 2020 Annual General Meeting of Shareholders has granted the approval. 4. Approved to propose the Shareholders’ Meeting for

additional legal reserve The above right to receive dividends remains uncertain unless the 2020 Annual General Meeting of Shareholders has granted the approval. 4. Approved to propose the Shareholders’ Meeting

information on 26 November 2019. In this regard, the issuance and the offering of the newly-issued ordinary shares to the existing shareholders are uncertain until an approval from the Extraordinary General

the selling price). After the disposal of all investments in NML, NML will cease to be a subsidiary of the Company. Nevertheless, it was uncertain if the Company and the Purchaser would be able to sign

kept its growth momentum from the previous quarter. However, it did not clearly show evidence of a broad-based recovery. Private investment, in particular, remained uncertain, pending greater clarity in

Risk Management During the first quarter of 2018, the Thai economy saw an uneven recovery amid limited growth in consumption, weak farm income and risks from uncertain trade policies and protectionist

poised to maintain its key policy rate throughout 2019. Given the Thai economy’s strong fundamentals, risk- averse investors thus put greater weight on Thai assets, as evidenced by ongoing capital inflows

capital outflows from the Thai market. Given the healthy Thai economic fundamentals, as evidenced by revived economic activity, a rising inflation rate and current account surplus, however, Thailand may