. Description (THB'000) Company JAN-JUN JAN-JUN Y.2020 Y.2019 VARIANCE VARIANCE (%) Revenue from Software Subscription From Salesforce I&I GROUP PUBLIC CO.,LTD. 78,919.44 55,038.33 23,881.11 43.39% Description

., 2018; CALISKAN et al., 2020) •Naive Portfolio •Minimizes risk without sacrificing expected returns(Tang, 2003) •Optimal strategy(Bock, 2018;Brown et al., 2013;li, 2018) 6 Background(Cont.) •Mean variance

: Countries FY2020/21 Baht million FY2019/20 Baht million Variance Baht million Variance (%) Thailand 704.38 1,027.52 (323.14) (31.45) Malaysia 1,187.45 1,389.43 (201.98) (14.54) Indonesia 100.81 226.79 (125.98

FY20) are as follows: Country Q1 FY2020/21 Q1 FY2019/20 Variance (Baht million) Variance (%) Thailand 194.53 283.75 (89.22) (31.4%) Malaysia 160.84 350.10 (189.26) (54.1%) Indonesia 34.99 61.86 (26.87

FY20) are as follows: Country Q1 FY21 Q1 FY20 Variance (Baht million) Variance (%) Thailand 194.53 283.75 (89.22) (31.4%) Malaysia 160.84 350.10 (189.26) (54.1%) Indonesia 34.99 61.86 (26.87) (43.4

was at Baht 0.039 per share. Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter Variance 1/2021 4/2020 Amount (%QoQ) 1/2020 Amount (%YoY) Interest income 1,847.5 1,867.1 (19.6

million Variance (Baht million) Variance (%) Thailand 104.16 276.89 (172.73) (62.4) Malaysia 291.49 346.10 (54.61) (15.8) Indonesia 4.86 52.14 (47.28) (90.7) India 9.45 50.32 (40.87) (81.2) Total 409.96

Quarter Variance Quarter Variance For 9-month periods Variance 3/2020 2/2020 (%QoQ) 3/2019 (%YoY) 2020 2019 (%YoY) Interest income 1,889.6 1,954.1 (3.3) 2,161.9 (12.6) 5,988.3 6,517.2 (8.1) Interest

of more than 25 years in the business of manufacturing and distributing of wood, lumber, wood chipper, in business of logistic, electricity power 3 Name of the purchasers Profile/Experience of the

and the year of 2017: Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter Variance For years Variance 4/2018 3/2018 (%QoQ) 4/2017 (%YoY) 2018 2017 (%YoY) Net interest income