) housing loan control measure which has been effective on April 1, 2019. MK assisted customers by negotiating with banks to reduce the burden of down payments by way of refinancing their existing housing

liquidity, while still retaining employees, which are important long-term resources of the Company. In Europe, the Company is assisted by the government of various countries such as Austria, Germany

assisted by the governments of various countries such as Austria, Germany, Switzerland, Poland, and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has

products and services, our staff members can offer customers advisory services along with products suited to their needs for increased business efficiency. In this quarter, we assisted our clients in the

tourism industries, KBank granted them credit lifelines to ensure that they have sufficient liquidity to stay afloat. Regarding customers with business potential, we offered advisory services and assisted

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...