have laws about this already” – Agencies are staffed by lawyers, not software engineers – Enforcement is very, very difficult • When regulation comes to crypto, it will likely be voluntary, driven by

Governance Other 1 2 Objectives The previous studies on the quality of financial statements use the final version of financial statements after auditors adjust misstatements. Therefore, it is difficult to

Page 1 of 2 T.K.S. TECHNOLOGIES THB million 9M18 9M17 %Chg As Reported Total Revenues 1,505 1,031 46% Company 963 1,031 (7%) TBSP 542 - 100% Company reported %Gross Profit Margin of 21% in 3Q18

Q1’20 Q1’19 %Chg As Reported (% to Sales) Total SG&A Exp. 111(22.5%) 95(14.6%) 15.8% TKS 51(10.3%) 49(7.5%) 3.2% TBSP 60(12.2%) 46(7.1%) 29.2% For the 1st quarter 2020, Company reported Selling and

deficiencies effectively because they took on audit engagements in excessive quantity and complexity beyond the capability of experienced personnel to perform quality audit work in accordance with the

2015 was published in the Government Gazette on 25 June 2015. 8 Diagram showing infrastructure funds’ risk levels and a summary of important risk factors Low risks/complexity High risks/complexity Money

. Excluding TBSP, Company’s core revenues decreased by 8.4% y-y 2018, mainly caused by lower Business Form for Banking and Office Paper businesses. THB million Y18 Y17 %Chg As Reported Total Revenues 2,060

from q-q, mainly caused by higher revenues from High-Valued Document. THB million Q1’19 Q1’18 %Chg As Reported Total Revenues 654 313 109.0% Company 377 313 20.6% TBSP 277 - 100.0% Revenue Breakdown Mil

Results for the period as at 30 June 2019 THB million Q2 19 Q2 19 %Chg As Reported Total Revenues 592 588 0.8% Company 325 311 4.3% TBSP 267 277 (3.1%) 6M19 THB million H1 19 H1 18 %Chg As Reported Total

Page 1 of 5 T.K.S. TECHNOLOGIES Business Overview 3Q19 and 9M19 Performance 3Q19 THB million Q3 19 Q3 19 %Chg As Reported Total Revenues 624.4 603 3.6% Company 362.1 337 7.5% TBSP 262.0 266 (1.4