nuclear weapon program, which would serve to further tighten supply in the global oil market. Furthermore, tension between Saudi Arabia and Iran escalated after the Saudi Arabian Crown Prince made
escalated commission fee calculation as per the increased sale volume as per the table below: Fixed Cost Cost 2020F 2021F 2022F 2023F 2024F Cost form provision of service 2.22 2.30 2.32 2.34 2.36 Cost from
Minus), “Stable” outlook and affirms the rating of LH BANK’s Basel III Tier 2 capital securities at “BBB” (Triple B Straight) by TRIS Rating. LH Financial Group Public Company Limited Management
plan. Sponsorship fees for international football clubs are amortized in straight-line in relation to payment terms and economic benefits the Group shall receive under the contract terms including
rating of LH BANK’s hybrid Tier 2 capital securities at “BBB” (Triple B Straight) by TRIS Rating. Branch Network As of the end of the third quarter of 2019, Land and Houses Bank Public Company Limited has
depreciated with the straight-line basis over the life of the assets. The estimated fair value as of December 31, 2019 is THB 252,051 mn (THB 219,161 mn as of December 31, 2018), as stated in the disclosure
rating of “A-” (Single A Minus) with “Stable” outlook , and the rating of LH Bank’s Basel III Tier 2 capital securities is “BBB” (Triple B Straight). Branch Network As of the third quarter of 2020, Land
Baht 1,604 million at the end of 3Q20 which the Bank had gradually released on a straight line method since 1Q20. 4 Including ECL for loans and loan commitments and financial guarantees 14 With the
LH BANK’s Basel III Tier 2 capital securities at “BBB” (Triple B Straight). Analysis of Operating Results The analysis of operating results of Land and Houses Bank Public Company Limited performance is