Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with

, representing 0.89%. 3.3 Investment In previous year, the Company was not increase the investment because the political circumstance and the economy condition were not conducive to investment, however; the

Million Baht a decrease from the same period last year by approximately 1.11 Million Baht or 20.35% because of , the market condition decreased from the current situation. Please be informed accordingly

, Safari World Group has continually assessed the situation and actively manage its resource to the unpredictability of the current circumstance while taken into its account of all stakeholders. Safari World

equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation

Company shall then transfer the asset to the highest bidder, under the condition that the price of each asset, regardless of any circumstance, shall not be lower than the “base price” approved by the

impact of the Covid-19 situation. Summary of Financial Statement Position Assets As of the period ending 31 March 2020, the Company has total assets equal to 23,074.5 million baht higher than the ending of