PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 19/02/2018 - 27/02/2018

increasing the number of keys in Santiburi Koh Samui from 77 keys to 96 keys. For the six months ended June 30, 2019, RevPar of the Self-Managed Hotels is equal to THB 6,347 with the Average Occupancy rate of

Samui in May 2018, thereby increasing the number of keys in Santiburi Koh Samui from 77 keys to 96 keys In relation to the Self-Managed Hotels, the RevPAR, Average Occupancy Rate, and ADR for the nine

fees The Company’s brokerage fees in 2Q2018 were Baht 223 million, an increase of 15% from 2Q2017, mainly due to an increase in the SET average daily trading volume. 1.2 Fees and Service income The

businesses. Self-Managed Hotels Indicators 1H/2019 1H/2020 Change (%) No. of Hotels 2 2 - No. of Keys 297 297 - Average Occupancy Rate (%) 73.2% 32.5% (40.7%) ADR (THB) 8,674 9,653 11.3% RevPAR (THB) 6,347

-Managed Hotels Indicators Quarter 1 2019 Quarter 1 2020 %change No. of Hotels 2 2 - No. of Keys 297 297 - Average Occupancy Rate (%) 81.4% 64.9% (16.5%) ADR (THB) 10,174 9,760 (4.1%) RevPAR (THB) 8,285

and private fund management fees for funds managed by ONE Asset Management Limited (the Company’s subsidiary). 1.3 Interest on margin loans The Company’s interest income on margin loans in 3Q2018 was

the number of keys in Santiburi Koh Samui from 77 keys to 96 keys In relation to the Self-Managed Hotels, the RevPAR, Average Occupancy Rate, and ADR for the year 2019 was THB 5,591, 71.9%, and THB

percent compared to the third quarter of the previous year, mainly due to an increase in the Company’s underwriting fees and an increase in mutual fund management fees from funds managed by ONE Asset

inside information related to trading orders of securities of fund which was managed by himself and disclosed such information to Miss Monsicha, in which, Miss Monsicha placed trading orders of securities