pandemic. However, there are promising signs of growth driven by the revival of tourism, the increase of exports, and the acceleration of government spending. Tourism industry Source : Ministry of Tourism

in the market. Broadly speaking, the Thai economy in 2017 may grow around 3.4 percent. In addition to government spending and investment – the main contributors to the Thai economic revival, we should

of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the

Estate Public Company Limited Management Discussion and Analysis 2Q20 With respect to commercial business, special reduction granted to tenants impacted by COVID-19 is expected to reduce thanks to revival

experts/workers/foreigners. • Pros: Revival of the economy. • Cons: Unfair competition and possible corruption. 4 https://go.microsoft.com/fwlink/?linkid=2006808&clcid=0x409 SEC Classification : ใชภ้ายใน

., Ltd., whose shares are held by the Company’s major shareholder, has agreed to execute the following agreements with the Company (representing execution of the lease agreement in continuation of the

and necessities of Execution of the Transactions This represents renewal of the space lease agreements in continuation of the existing agreements to ensure continued business operations in respect of

have been achieved. The capital market has developed and gone through a major turnaround in support of the country’s economic revival and sustained growth. Such advancement was reflected in the increase

Approval for Investor Contacts In continuation of the Notification of the SEC Office No. SorKhor. 15/2548 Re: Approval for Investor Contacts and Standards of Conduct dated 21 June 2005 as amended by the

) 25/2550 Re: Guidelines for Renewal of Approval for Investor Contacts In continuation of the Notification of the SEC Office No. SorKhor. 15/2548 Re: Approval for Investor Contacts and Standards of