Page 61 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

Distribution channel
The distribution channel is divided into 2 parts by the Company’s business operation including (A) channels for
debt composition and payment channel of the debtors for NPLs management business an (B) distribution channels for
NPAs management business.

The distribution channels in case of NPLs mean the debt composition and payment channels of the debtors.
After the debt composition finishes, the Company’s debtors can make payment through different channels such as Counter
Service at 7-Eleven or large commercial banks nationwide such as Bank of Ayudhya Public Company Limited, Kasikornbank
Public Company Limited, Krungthai Bank Public Company Limited, Bangkok Bank Public Company Limited, CIMB Thai
Public Company Limited, TMBThanachart Bank Public Company Limited, Siam Commercial Bank Public Company Limited,
Land and Houses Bank Public Company Limited, etc. The payment is at the head office or the Company’s branch
offices. Payment can also be made via mobile banking system using QR code. If a debtor cannot make payment according
to the debt restructuring agreement’s conditions, the Company will consider restructuring debts under the new conditions
or enter a litigation to courts. However, generally, the Company will consider choosing 2 options, which are debt restructuring
together with court proceedings.

In case of NPAs, the Company has various distribution channels for NPAs such as Assets Expos in Bangkok and
other regions all over the country, advertisement and public relation through media in the country, Company’s website,
Social Media and BAM Application on a mobile device, online booking of assets on BAM website, and giving news and
information about NPAs of the Company. Mostly the customers will purchase the property in cash or request loan from
a financial institution. Sometimes, it is installment sale. In case of installment, the customers can select the same distribution
channel as the customers buying NPLs as above mentioned.

Overview of economic condition and asset management business
Economic condition
According to the Fiscal Policy Office, Thai economy in 2022 was predicted to expand by 3.4% per year (with a
forecasting range of 2.9-3.9%). This was attributed to such key supporting factor as recovery of domestic consumption
and tourism. Upon the relief of the COVID-19 pandemic and the relaxation of international travel measures with discontinuation
of the Thailand Pass registration for foreign tourists since 1 July 2022, the number of foreign tourists during the first nine
months of 2022 was recorded at 5.7 million, a 6.5% growth per year. It was expected that the number of tourists for
the whole year of 2022 would reach 10.2 million, an increase from the previous 8.0 million projection. This resulted in
an income growth of labor and tourism-related businesses. Moreover, real income of farmers who are a key private
consumption base surged as high as 7.4% per year. The government also adopted several measures to maintain domestic
consumption, such as program to increase purchasing power for state welfare card holders, program to increase
purchasing power for needy people, and the "Khon La Khrueng" co-payment subsidy scheme aiming to boost domestic
consumption and reduce costs of living for general public, as well as to increase income for small entrepreneurs and
manufacturers throughout the supply chain. Private consumption was predicted to expand by 7.9% per year (with a
forecasting range of 7.4-8.4%).