amendment will involve revision of certain outdated provisions on the prohibited characteristics of personnel in the securities and derivatives businesses that have been in use since 2005 as well as those of

accordance with new Thai accounting standards. According to the previous accounting standards, Q4/2019 total sales would have been Baht 1,350 million which was lower than Q4/2018 total sales of Baht 1,456

activities, resulting in a repeal of a number of notifications previously issued by the SEC. As replacement, 109 new notifications are issued, adopting the governing notifications of which outdated provisions

such, impractical and outdated regulations will be revised to support underwriters? performance with trustworthiness and responsibility to investors, which will eventually build up their own credibility

changing and our CRA regulations are becoming outdated. This supervisory amendment will enhance CRA credibility, conflicts-of-interest management, and information disclosure and safekeeping. This would help

operation results for the year 2017, the Company would like to provide the clarification of performance which was decreased more than 20% compared to the previous year. For the year 2017, the operating

regulations. Whereas the laws or regulations that are no longer necessary or outdated, or become obstacles to public livelihood or occupation will be repealed or revised to eliminate burden on people and

defective operation was caused by (1) its insufficient process of issuer credit review and (2) its outdated list of approved securities for investment. Such inadequate operation was against the operational

operation results for the year 2018, the Company would like to provide the clarification of performance which was decreased more than 20% compared to the previous year. For the year 2018, the operating

decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy