Analysis We maintain a portfolio of credit for the purchase of receivables and properties for sale acquired at various points in time 4.4.1 Loans Purchased and Foreclosed Collateral Properties The following

. In 2019, the Company acquired non performing debt, both secure and unsecure loan, amount 28,933 million Baht (contractual value) with investment of 3,368 million Baht which divided to be almost the

Company Limited 140/1 KHANJANAPISEK RD., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455- 2763 ( “TRANSLATION” ) No. TG 072 / 2561 30 March 2018 Subject Land purchased from the

-2741-5700-5 / Fax 0-2741-6878 / Company Tax ID : 0107545000021 4. Details of the Acquired Assets The Company intends to have FEREN invest in the ordinary shares of UWM purchased from Miss Malinee Boonrak

baht or 15.2 percent due to an increasing of cash and cash equivalent from issuing debenture and an increase of purchased account receivable which the company acquired during the 1st half of this year

. However, cash flow can still be collected as the Company continuously acquired more distress debt. In the quarter 3-4 of the year 2019. In the past, the Company had bought non-performing loans from

Management Public Company Limited 2.3 Vintage Analysis The company maintains a portfolio of loans purchased and properties for sale acquired at various points in time. 2.3.1 Loans purchased and Foreclosed

0009/20108 Page 3 of 10 the Acquisition or Disposition Rule. When combining the Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of

128.97% For example, from the portfolios of loans purchased that have been acquired in the 1 to 2 years prior to 30 September, 2019 of Baht 13,997.3 million, the Company collected Baht 1,311.2 million (of

Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of Directors Meeting No. 2/2018, the Company has no acquisition of assets, so Ref. WINNER 0009