date HHC exercise Franchise by operating such branch, which HHC shall be entitled to operate the branches within 10 years) Zone Branches Franchise Period Eastern Zone where HHC already decided to operate

33,079 (99.0%) Food and beverage revenue 2,768 89,137 (96.9%) Other revenues 25,475 55,671 (54.2%) Hotel income 28,580 177,887 (83.9%) Cost of sales and services 167,971 210,143 (20.1%) Operating expenses

TRAINING/EDUCATION/ CAPACITY BUILDING Training on the SDG Impact Standards led by accredited trainers Guidance documents and self-assessment tools IS 53001 PRINCIPLES OF PRACTICE PERFORMANCE Operating

, please visit https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8166 SEC launches “SEC Crypto Academy” to offer free e-learning courses on digital assets to digital assets, build a self-protection

, please visit https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8166 SEC launches “SEC Crypto Academy” to offer free e-learning courses on digital assets to digital assets, build a self-protection

visit https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8166 SEC launches “SEC Crypto Academy” to offer free e-learning courses on digital assets to digital assets, build a self-protection mechanism

leading to lower operating costs. Additionally, the SEC will use RegTech for a better regulatory supervision and place high importance on cyber resilience. Strategy Two: To promote the Thai capital market

portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels in Thailand, operate under independent branding, namely, Phi Phi Island Village Beach Resort located on

consolidated total assets has grown at an average rate of 102.2% per year. The Company has a unique portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels in Thailand

reported under share of gain/loss from investment in joint ventures. Page 4 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 9M19 operating performance of Hospitality