employee expenses. Expenses from research & development, and innovation In compliance to NSTDA’s guideline, the Company reported research and development, and innovation expenses at Baht 1.19 million

condition. Compliance Guideline 1. operational procedure determining o Providing a written procedure or compliance guideline for operational system development or alteration which having the regulation

– when combined with the amount paid to the Financial Institutions Development Fund in compliance with this law, the Deposit Protection Agency and the Bank of Thailand as required by the law on improvement

Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1

Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business

characteristics to other existing debt securities, except for their core objective of financing projects that contribute to environmental conservation and/or social development. These products therefore are not

(มหาชน) 2 • K-Strategy • Sustainable Development Framework and Policy • Environmental Management Experience Sharing • Environmental Report AGENDA 3 • K-Strategy • Sustainable Development Framework and

and fund voting Supervision of the Securities Exchange Enhancing competitiveness of the capital market Establishment of the Capital Market Development Fund (CMDF) Effectiveness, clarity and transparency

achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence to remain fit and proper for the

coordinating with other units in order to achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence