KRUNG THAI ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Brown Field Infrastructure Fund | Offering Date : 22/06/2015 - 26/06/2015

source market, suffered a decrease at 2.2 percent. (Source: Tourism Authority of Thailand) 3 ASIA’S BOUTIQUE AIRLINE The number of passenger of Bangkok Airways for nine-month period of year 2019 decreased

the uncertainty of world economy reveals an impact on decreasing number of tourists (Source: Tourism Authority of Thailand). 3 ASIA’S BOUTIQUE AIRLINE For the second quarter of year 2019, the Company

--two of its subsidiaries are also in the top ten--as well as one of three the largest banks, and the national airline and the airport authority. The state’s direct holdings in these The market has

pandemic was tremendously affected the airline industry. The Company decided to corporate with government orders and the Announcement from Civil Aviation Authority of Thailand (CAAT) regarding to COVID-19

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 December 2019 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 30 June 2017 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 30 June 2020 Bangkok Airways Public Company Limited and Its Subsidiaries Bangkok Airways Public Company Limited and

Microsoft Word - MD&A Y2017 - ENG.doc 1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 December 2017 Bangkok Airways Public Company Limited and Its Subsidiaries

Commercial loan. 5 ASIA’S BOUTIQUE AIRLINE 3. The Company has been approved to renew Airport Operator License or AOL) from Civil Aviation Authority of Thailand. The license will last for 10 years until 2029