Page 42 - E-BOOK

The Company has the head office located in Bangkok, and at present, (as of 31 December 2020), it has 26
branch offices nationwide with about 1,300 employees. These help the Company to (A) provide services to customers
nationwide, (B) respond the customer’s need in each region. Having its branch offices in every region around the
country enables the Company to have knowledge and understanding about environments and market condition and
to manage the NPLs and NPAs in each region effectively.

The Company believes that one of competitive advantages of the Company is expertise in negotiation
for debt restructuring, distribution of NPAs and property value appraisal because the Company’s executives
are experienced in the asset management business for long time. Moreover, the Company has branch networks
all over the country, which helps the Company to win a bidding for NPLs and NPAs at reasonable price, and to
maintain profitability. Normally, the Company engages in the bidding for NPLs and NPAs when they are put on tender.
The Company has good relationship with many financial institutions nationwide, which increases the opportunity to
purchase the NPLs, especially for NPLs with collateral as real estate and NPAs.

The Company’s business operation can be divided into 2 main business groups including (A) NPL management
business and (B) NPAs management business.

This chart shows general work procedures about main businesses of the Company

40