banking business, directly and indirectly. In detail: 1. Cyber Security Risk Amid rapid technological change, Thai consumers have readily embraced the new tech trends. Obviously, economic activity

increase in Q4/2019. TRIS Rating On 24 September 2019, the Company has submitted the Tender Offer for the Securities of GLOW for the delisting of the securiti es from being listed on the Stock Exchange of

Manager The Stock Exchange of Thailand The operating performance for three-month period end 30 June 2018 of Mahachai Hospital Public Company Limited compared to the prior year was decreasing in net profit

Manager The Stock Exchange of Thailand The operating performance for three-month period end 31 March 2019 of Mahachai Hospital Public Company Limited compared to the prior year was decreasing in net profit

Manager The Stock Exchange of Thailand The operating performance for three-month period end 30 June 2019 of Mahachai Hospital Public Company Limited compared to the prior year was decreasing in net profit

Stock Exchange of Thailand The operating performance for three-month period end of 31 March 2020 of Mahachai Hospital Public Company Limited compared to the prior year was decreasing in net profit

The Stock Exchange of Thailand The operating performance for three-month period end 30 September 2019 of Mahachai Hospital Public Company Limited compared to the prior year was increasing in net profit

Page 1 of 4 No. RJH – SET 4/2019 25 February 2019 Subject : Management’s Discussion and Analysis for the fourth Quarter of 2018 and year ended December 31, 2018 To : The President The Stock Exchange

President The Stock Exchange of Thailand Rajthanee Hospital Public Company Limited (“the Company”) would like to clarify the operating results of the Company and its subsidiaries for the 2nd quarter of 2018

security as well as supervise, monitor and examine compliance with such policies, measures, and operating systems, and review the suitability thereof regularly; In the interest of meeting the aforesaid