E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the

Projection by KResearch Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 for almost all of 2018 to accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry and

consistent and stable income. The Company has entered into such transaction to expand the power plant business from renewable energy. And provide opportunities to the Company to expand its solar power plants

expand its investment into renewable energy plants. Because it is a business with a consistent and stable income. The Company has entered into such transaction to expand the power plant business from

biomass power plant project since 2016, and the management of the company intends to expand its investment into renewable energy plants. Because it is a business with a consistent and stable income. The

digit driven by all business segments. EBITDA margin is expected to be stable while budgeted for CAPEX of Bt20-25bn (see guidance on page 6). Significant Event for FY19 Since 1 January 2019, AIS has

accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry, Competition and Emerging Risks  Banking Industry and Competition Commercial banks’ overall

statements and the cost that the Company obtained the Land and Buildings. Although the price from negotiation with NML in this transaction is lower than the appraised market value or equal to Baht 14.74

ECB resolved to hold its policy rate steady at zero percent. However, the ECB lowered its interest rate on the deposit facility, putting it more deeply into negative territory, while it also planned to

the Thai baht remained in line with those of other currencies in the region, close monitoring of short-term capital flows is necessary. The overall financial system remained stable and resilient to