represent non-managed investment portfolios. If derivatives are employed, note that investing in derivative instruments involves risks different from, or possibly greater than, the risks associated with
the 4th inspection cycle the SEC has continuously focused on the policies and procedures employed by the audit firm to ensure its auditor’s independence, which include rotation of auditors and the
relevant events have been employed in order to managing equity investment to ensure maximum benefit of KBank. Foreign Exchange Risk in Banking Book Activities KBank is exposed to foreign exchange risk
projects under implementation. More recently, Returns on Equity and on Capital Employed have surpassed the double-digit level. Specifically, for 2Q17, IVL achieved core ROE of 18.2% and a core ROCE of 12.6
EBITDA margin has expanded from 6.4% in 2013 to 13.5% in 3Q17. More recently, Returns on Equity and on Capital Employed have surpassed the double-digit level. Specifically, for 3Q17, IVL achieved core
2017 b) Brent/bbl: $70 (2018) and $75 (2019 & onwards), US Natural Gas: ~$3/mmbtu, THB/US$: 32.5 c) Net Op CE= Net operating capital employed, EMEA= Europe, Middle East and Africa d) Core financials
not directly related to our core financial business operations. Data analyses and close assessments of relevant events have been employed in managing existing equity to ensure maximum benefit of KBank
typically employed for decision making on business acquisitions. 6.2 The Tender Offer for all securities of GLOW The basis used to determine the total value of consideration of the tender offer for all