market daily 14 august 2015 - bualuangresearch2.bualuang.co.th/upload/daily150814.pdfsee disclaimer...

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See disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target Bt10.10) RCL – (TRADING BUY/Target Bt9.70) MINT – (BUY/Target Bt38.00) BDMS – (HOLD/Target Bt20.50) PS – (BUY/Target Bt32.00) LH – (BUY/Target Bt9.20) AP – (BUY/Target Bt7.80) AMATA – (HOLD/Target Bt14.00) BJC – (BUY/Target Bt42.00) BEAUTY – (HOLD/Target Bt4.46) WORK – (BUY/Target Bt50.50) News Highlights PTT ECONOMY GLOBAL Market Summary SET Chg %1D %YTD 1404.15 -4.17 -0.30% -5.33% Trading Value Bt49.51bn $1499.5m Trading Activity (Btm) BUY SELL NET Institution 3219.96 5,473.6 -2,253.6 0.07 11% Proprietary Trading 5812.42 5,321.3 491.1 0.12 11% Foreign 14481.29 16,340.6 -1,859.3 0.29 33% Retail 25992.55 22,370.8 3,621.7 0.53 45% Top Five Trading Stocks Company Close Chg(Bt) Value (Btm) PTT 300.00 -8.00 3,686 KBANK 171.00 -3.50 2,843 AOT 278.00 5.00 2,569 TRUE 10.30 -0.30 2,412 JAS 5.05 0.00 2,268 Trading Performance by Sector Sector Close %Chg Commerce 28427.17 142.51 Food 10390.83 123.31 Petrochem 863.53 7.85 ICT 210.01 0.51 SET 1404.15 -0.30 Property 258.86 -1.07 Media 67.72 -1.17 Bank 462.67 -5.27 Electronics 1728.63 -21.62 Finance&Sec. 2075.37 -24.50 Packaging 3449.79 -88.35 Energy 17353.22 -160.51 Key Indices Close %1D %YTD DJIA 17,408.25 0.03 -2.38 NASDAQ 5,033.56 -0.21 6.49 FTSE 6,568.33 -0.04 0.31 NIKKEI 20,392.77 -1.58 17.14 HSKI 24,018.80 0.43 0.67 Dubai ($bbl) 48.62 0.75 -9.43 THB/USD 35.16 -0.39 6.69 MLR (BBL)% 6.50 BOT 1DRP% 1.50 CPI (July)% -1.05

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Page 1: Market Daily 14 August 2015 - Bualuangresearch2.bualuang.co.th/upload/Daily150814.pdfSee disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target

See disclaimer at the end of report

Market Daily 14 August 2015

Earnings Results

THAI – (HOLD/Target Bt10.10)

RCL – (TRADING BUY/Target Bt9.70)

MINT – (BUY/Target Bt38.00)

BDMS – (HOLD/Target Bt20.50)

PS – (BUY/Target Bt32.00)

LH – (BUY/Target Bt9.20)

AP – (BUY/Target Bt7.80)

AMATA – (HOLD/Target Bt14.00)

BJC – (BUY/Target Bt42.00)

BEAUTY – (HOLD/Target Bt4.46)

WORK – (BUY/Target Bt50.50)

News Highlights

PTT

ECONOMY

GLOBAL

Market Summary SET Chg %1D %YTD1404.15 -4.17 -0.30% -5.33%Trading Value Bt49.51bn $1499.5m

Trading Activity (Btm) BUY SELL NETInstitution 3219.96 5,473.6 -2,253.6 0.07 11% Proprietary Trading 5812.42 5,321.3 491.1 0.12 11% Foreign 14481.29 16,340.6 -1,859.3 0.29 33% Retail 25992.55 22,370.8 3,621.7 0.53 45% Top Five Trading Stocks

Company Close Chg(Bt) Value (Btm)

PTT 300.00 -8.00 3,686KBANK 171.00 -3.50 2,843AOT 278.00 5.00 2,569TRUE 10.30 -0.30 2,412JAS 5.05 0.00 2,268Trading Performance by Sector

Sector Close %ChgCommerce 28427.17 142.51 Food 10390.83 123.31 Petrochem 863.53 7.85 ICT 210.01 0.51 SET 1404.15 -0.30 Property 258.86 -1.07 Media 67.72 -1.17 Bank 462.67 -5.27 Electronics 1728.63 -21.62 Finance&Sec. 2075.37 -24.50 Packaging 3449.79 -88.35 Energy 17353.22 -160.51

Key Indices Close %1D %YTDDJIA 17,408.25 0.03 -2.38 NASDAQ 5,033.56 -0.21 6.49 FTSE 6,568.33 -0.04 0.31 NIKKEI 20,392.77 -1.58 17.14 HSKI 24,018.80 0.43 0.67 Dubai ($bbl) 48.62 0.75 -9.43 THB/USD 35.16 -0.39 6.69

MLR (BBL)% 6.50 BOT 1DRP% 1.50 CPI (July)% -1.05

Page 2: Market Daily 14 August 2015 - Bualuangresearch2.bualuang.co.th/upload/Daily150814.pdfSee disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target

Market Daily - 2

Earnings Results RCL: Missed estimates mar 2Q15 outcome; but better quarter is sailing in

• RCL reported a 2Q15 net profit of Bt55m, down 81% YoY and 68% QoQ.

• Stripping out an FX loss of Bt12m and a Bt8m gain on sales of assets, the core profit would be Bt60m, down 78% YoY and 59% QoQ.

• The result was somewhat below our forecast and that of the consensus, due to higher-than-expected operating costs. (TRADING BUY/Target Bt9.70)

(Suppata Srisuk Tel. (662) 618-1343)

Securities Fundamental Investment Analyst THAI: 2Q15 net loss deeper than forecast; improvement expected in 3Q15

• THAI posted a 2Q15 net loss of Bt12,759m, a shallower net loss YoY and a reversal from net profit posted for 1Q15.

• Stripping out FX loss of Bt3.7bn, an impairment loss from assets totaling Bt426m, and mutual separation plan expenses of Bt3.7bn, 2Q15 core loss would be Bt4,932m, a shallower core loss YoY, but a reversal from core profit posted for 1Q15. (HOLD/Target Bt10.10)

(Suppata Srisuk Tel. (662) 618-1343)

Securities Fundamental Investment Analyst MINT: Disappointing 2Q15 profit; moderate outlook for 3Q15

• MINT posted core profit of Bt541m for 2Q15, down 12% YoY and plunging 64% QoQ.

• The result was 17% below our estimate and 19% short of the consensus forecast due to disappointing margins.

• There is no extra item in 2Q15 against a Bt650m gain from the business acquisition of Sun International (Sun) in 1Q15. (BUY/Target Bt38.00)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst BDMS: Poor 2Q15 profit was in line; better 3Q15 profit outlook

• BDMS posted a core profit of Bt1.5bn for 2Q15, down 1% YoY and dived 35% QoQ.

• The profit was in line with our estimate and the street number. (HOLD/Target Bt20.50)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst

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Market Daily - 3

PS: Impressive 2Q15 profit, as expected; YoY growth forecast in 3Q15

• PS posted a core profit of Bt2.2bn for 2Q15, up 16% YoY and a jump of 143% QoQ.

• In 2Q15, PS divested a land plot on Ari Road valued at Bt568m and the small net-of-tax gain of Bt0.8m.

• The profit for 2Q15 was in line with our estimate but 13% ahead of the consensus forecast. (BUY/Target Bt32.00)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst LH: Weak 2Q15 profit was as expected, prompting earnings forecast cut

• LH reported a record core profit of Bt1.5bn for 2Q15, a dive of 24% YoY but up 12% QoQ.

• Including a Bt204m net-of-tax gain on apartment sales in the US, net profit was Bt1.7bn, down 14% YoY but a gain of 17% QoQ.

• The result was consistent with our estimate but 8% ahead of the consensus forecast because of better-than-expected margin. (BUY/Target Bt9.20)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst AP: No surprise for 2Q15 result; YoY took a dive but QoQ gain expected for

3Q15 • AP posted a 2Q15 core profit of Bt626m, down 12% YoY but up 12% QoQ.

• Including a Bt17m one-time gain of investment sales in 2Q15, net profit was Bt643m, down 10% YoY but up 15% QoQ.

• The result was in line with our estimate and the consensus forecast. (BUY/Target Bt7.80)

(Narumon Ekasamut Tel. (662) 618-1345)

Securities Fundamental Investment Analyst AMATA: 2Q15 missed estimate – valuation mostly reflects weak outlook

• AMATA posted a net profit of Bt444m for 2Q15.

• However, if excluding the Bt342m one-off gain from its REIT divestment, the firm’s 2Q15 core net profit comes to Bt102m, up from a loss of Bt12m last year, but down 24% QoQ.

• The result missed consensus by 20%, mainly due to a lower one-off gain than anticipated. (HOLD/Target Bt14.00)

(Thanatthep Chantarakarn Tel. (662) 618-1340)

Securities Fundamental Investment Analyst (Jiramate Ratapipat)

(Analyst Assistant

Page 4: Market Daily 14 August 2015 - Bualuangresearch2.bualuang.co.th/upload/Daily150814.pdfSee disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target

Market Daily - 4

BJC: 2Q15 core profit as expected

• BJC reported 2Q15 net profit of Bt744m, up 127% YoY and 41% QoQ.

• Stripping out a Bt343m gain on the bargain purchase in Thai Dairy company, core profit was Bt401m, up 22% YoY but down 24% QoQ, in line with our estimate.

• The strong increase in core profit was mainly attributable to improved performance in the Packaging and Consumer Supply Chains. (BUY/Target Bt42.00)

(Chaiyatorn Sricharoen, CFA Tel. (662) 618-1344)

Securities Fundamental Investment Analyst BEAUTY: Impressive 2Q15 results

• BEAUTY reported 2Q15 net profit of Bt94m, up 52% YoY and 23% QoQ.

• The results were 11% better than our estimate due to the fatter-than-expected gross margin and lower-than-modeled SG&A expenses. (HOLD/Target Bt4.46)

(Chaiyatorn Sricharoen, CFA Tel. (662) 618-1344)

Securities Fundamental Investment Analyst WORK: Ad and event income lead to robust profit score for second quarter

• WORK posted a Bt113m net profit for 2Q15, up 901% YoY and a reversal from an Bt11m 2Q14 net loss.

• Net profit exceeded our estimate by 42%, led by higher TV advertising, concerts/plays and events revenues and GM than assumed. (BUY/Target Bt50.50)

(Prasit Sujiravorakul Tel. (662) 618-1342)

Securities Fundamental Investment Analyst

Page 5: Market Daily 14 August 2015 - Bualuangresearch2.bualuang.co.th/upload/Daily150814.pdfSee disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target

Market Daily - 5

News Highlights

PTT — The National Energy Policy Committee yesterday gave the green light for PTT Plc to import 2 million tonnes of liquefied natural gas (LNG) annually for 15-25 years to cope with high demand in the country. (Bangkok Post) ECONOMY — Thailand's ratio of public debt to GDP is expected to peak at 53% in 2019, assuming that the government's infrastructure investments and borrowings amount to 300-400 billion baht a year. (Bangkok Post) GLOBAL — China's yuan devaluation could do more good than harm to Thai exports, as the stimulus will spur demand for Chinese imports of agricultural items such as rubber and tapioca. (Bangkok Post)

Page 6: Market Daily 14 August 2015 - Bualuangresearch2.bualuang.co.th/upload/Daily150814.pdfSee disclaimer at the end of report Market Daily 14 August 2015 Earnings Results THAI – (HOLD/Target

Market Daily - 6

Stock Calendar

Sources: SET, Bualuang research

Earnings Announcement – 2Q15 Date Stock

14/08/2015 HEMRAJ, CENTEL, ERW, TTA, ROBINS

Sources: SET, Bualuang research

XD DCC 0.056 XD ADVANC 6.5 XR UOB8TF 0.11XD SCC 7.5XD SCCC 8

XD MACO 0.018 XD AIT 0.55 XD BKKCP 0.16 XD CHG 0.012 XD ARROW 0.15

XD SNC 0.5 XD BAFS 0.25 XD BTSGIF 0.168 XD IVL 0.24 XD BROOK 0.03

XW NEWS 3 : 1 XD BEC 0.7 XD CBG 0.35 XD JSP 0.08 XD CSS 0.1

XR TH 2 : [email protected] Baht XD FSMART 0.13 XD CSL 0.24 XD MAJOR 0.55 XD FPI 0.04XD GC 0.15 XD MAKRO 0.4 XD KCE 0.5XD LPN 0.3 XD PM 0.28 XD PCSGH 0.2XD MIPF 0.58 XD SGP 0.2 XD PHOL 0.08XD PDG 0.08 XD SPG 0.35 XD PPP 0.08XD SMPC 0.12 XD SWC 0.25 XD SAT 0.2

XD TIF1 0.12 XD SYNEX 0.08 XD SPALI 0.5

XR WR 1 : [email protected] Baht SPF 0.3TTW 0.3

XD AUCT 0.17 XD ANAN 0.032 XD SYMC 0.11XD AYUD 1 XD BH 0.9 XD VNG 0.18XD BECL 0.8 XD BH-P 0.9XD GLOW 1.388 XD BLA 0.32XD M 0.9 XD CCET 0.07XD TVO 1 XD CPF 0.3XD UEC 0.06 XD DEMCO 0.125

XD DSGT 0.03XD FORTH 0.15XD GPSC 0.35XD JUBILE 0.21XD KAMART 0.06XD OISHI 0.55XD PT 0.12XD QLT 0.25XD TOG 0.08XD TUF 0.32XR GUNKUL 6 : [email protected] BahtXW GUNKUL -

XR AF 1 : [email protected] Baht

XW WHA 10 : 1 XR TMILL 5 : [email protected] Baht

XW TMILL 1 : 1

XW WORK 20 : 1

Note-XD Cash Dividend, XD (ST) Stock Dividend, PD Payment Date, XR- Right for CommonXW- Right for Warrant XM- Right for meeting

13-Sep-15 14-Sep-15 15-Sep-15

12-Sep-15

17-Sep-15

10-Sep-15 11-Sep-15

19-Sep-1518-Sep-15

21-Aug-1519-Aug-15

2-Sep-15 3-Sep-15 4-Sep-15

20-Aug-15

16-Sep-15

23-Aug-15

12-Aug-15

24-Aug-15 25-Aug-15 26-Aug-15

6-Sep-15 7-Sep-15 8-Sep-15 9-Sep-15

1-Sep-15

FriThu

22-Aug-15

14-Aug-15

30-Aug-15

29-Aug-15

31-Aug-15 5-Sep-15

27-Aug-15 28-Aug-15

9-Aug-15Wed

15-Aug-1513-Aug-15SatMon

11-Aug-15Sun Tue

16-Aug-15 18-Aug-1517-Aug-15

10-Aug-15

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Market Daily - 7

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

AAV01C1511A AAV 30 Nov 15 5 Dec 15 4 4 : 1 AAV01P1511A AAV 30 Nov 15 5 Dec 15 6 2.8 : 1 AAV06C1605A AAV 31 May 16 7 Jun 16 3.9 2 : 1 AAV08C1512A AAV 25 Dec 15 5 Jan 16 5.2 1.05 : 1 AAV11C1511A AAV 13 Nov 15 20 Nov 15 4 1.425 : 1 AAV11P1602A AAV 26 Feb 16 4 Mar 16 5.2 0.975 : 1 AAV13C1510A AAV 9 Oct 15 16 Oct 15 5.75 3 : 1 AAV13C1512A AAV 17 Dec 15 24 Dec 15 5.2 1.18 : 1 AAV16C1604A AAV 20 Apr 16 27 Apr 16 4.48 1.6 : 1 AAV23C1601A AAV 14 Jan 16 21 Jan 16 3.7 1.6 : 1 AAV27C1509A AAV 16 Sep 15 23 Sep 15 5.2 1.1 : 1 AAV42C1508A AAV 25 Aug 15 1 Sep 15 4.5 1.3 : 1 ADVA01C1508A ADVANC 31 Aug 15 5 Sep 15 199.347 75.98784 : 1 ADVA01C1512A ADVANC 23 Dec 15 30 Dec 15 194.628 77.82101 : 1 ADVA01P1508A ADVANC 31 Aug 15 5 Sep 15 270.543 56.94761 : 1 ADVA01P1512A ADVANC 23 Dec 15 30 Dec 15 272.479 58.37712 : 1 ADVA06C1601A ADVANC 29 Jan 16 5 Feb 16 143.839 89.84726 : 1 ADVA08C1601A ADVANC 29 Jan 16 5 Feb 16 248.151 44.76446 : 1 ADVA08P1601A ADVANC 29 Jan 16 5 Feb 16 199.494 30.16736 : 1 ADVA11C1509A ADVANC 30 Sep 15 7 Oct 15 199.346 69.29688 : 1 ADVA11P1509A ADVANC 30 Sep 15 7 Oct 15 256.302 40.8187 : 1 ADVA13C1601A ADVANC 18 Jan 16 23 Jan 16 243.285 55.4939 : 1 ADVA13P1510A ADVANC 14 Oct 15 21 Oct 15 218.957 32.11304 : 1 ADVA16C1509A ADVANC 30 Sep 15 7 Oct 15 206.941 71.17438 : 1

ADVA23C1605A ADVANC 30 May 16 4 Jun 16 287.076 102.24949 : 1 ADVA23P1508A ADVANC 20 Aug 15 27 Aug 15 208.84 34.16467 : 1 ADVA23P1603A ADVANC 24 Mar 16 31 Mar 16 198.521 43.80201 : 1 ADVA27C1510A ADVANC 15 Oct 15 22 Oct 15 240.166 56.95636 : 1 ADVA27P1511A ADVANC 23 Nov 15 28 Nov 15 229.661 36.0062 : 1 ADVA28C1510A ADVANC 1 Oct 15 8 Oct 15 223.822 77.8512 : 1

ADVA28C1603A ADVANC 1 Mar 16 8 Mar 16 262.748 92.4483 : 1 ADVA28P1511A ADVANC 2 Nov 15 7 Nov 15 223.822 41.84502 : 1 ADVA42C1602A ADVANC 23 Feb 16 1 Mar 16 223.822 62.2665 : 1 ADVA42P1602A ADVANC 23 Feb 16 1 Mar 16 243.285 38.92565 : 1 AMAT01C1511A AMATA 30 Nov 15 5 Dec 15 15 8 : 1 AMAT01P1511A AMATA 30 Nov 15 5 Dec 15 20.2 5.5 : 1 AMAT11C1509A AMATA 30 Sep 15 7 Oct 15 13.613 7.779 : 1 AMAT23C1605A AMATA 11 May 16 18 May 16 17.9 4 : 1 AMAT42C1603A AMATA 29 Mar 16 5 Apr 16 15 7 : 1 AOT01C1508A AOT 31 Aug 15 5 Sep 15 266.606 79.55449 : 1 AOT01C1512A AOT 23 Dec 15 30 Dec 15 268 80 : 1 AOT01P1508A AOT 31 Aug 15 5 Sep 15 344.2 54.7046 : 1 AOT01P1512A AOT 23 Dec 15 30 Dec 15 340 60 : 1 AOT06C1603A AOT 31 Mar 16 8 Apr 16 147.408 49.11591 : 1 AOT06P1603A AOT 31 Mar 16 8 Apr 16 308.387 49.75124 : 1 AOT08C1512A AOT 25 Dec 15 5 Jan 16 333 50 : 1 AOT08P1512A AOT 25 Dec 15 5 Jan 16 270 35.5 : 1 AOT11C1512A AOT 24 Dec 15 31 Dec 15 258.647 69.63581 : 1 AOT11P1512A AOT 24 Dec 15 31 Dec 15 328.283 49.73986 : 1 AOT13C1508A AOT 20 Aug 15 27 Aug 15 328.283 114.28571 : 1 AOT13C1512A AOT 3 Dec 15 12 Dec 15 320 56 : 1 AOT16C1602A AOT 26 Feb 16 4 Mar 16 270 80 : 1 AOT23C1601A AOT 14 Jan 16 21 Jan 16 232.783 149.25373 : 1 AOT23P1601A AOT 18 Jan 16 23 Jan 16 260 40 : 1

AOT27C1508A AOT 13 Aug 15 20 Aug 15 298.439 59.6759 : 1 AOT27C1606A AOT 23 Jun 16 30 Jun 16 310 75 : 1

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Market Daily - 8

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

AOT28C1510A AOT 1 Oct 15 8 Oct 15 288.491 84.55775 : 1 AOT42C1512A AOT 22 Dec 15 29 Dec 15 290 64 : 1 AOT42P1512A AOT 22 Dec 15 29 Dec 15 300 36 : 1 AP01C1512A AP 23 Dec 15 30 Dec 15 6.2 4 : 1

AP11C1508A AP 14 Aug 15 21 Aug 15 6.168 3.51819 : 1 AP23C1605A AP 30 May 16 4 Jun 16 9 4 : 1 AP42C1512A AP 22 Dec 15 29 Dec 15 7 3.2 : 1 BA01C1601A BA 29 Jan 16 5 Feb 16 19.8 8 : 1 BA01P1601A BA 29 Jan 16 5 Feb 16 25 5.5 : 1 BA13C1602A BA 11 Feb 16 18 Feb 16 23.5 5.65 : 1 BA42C1603A BA 29 Mar 16 5 Apr 16 22 6.4 : 1 BANP01C1510A BANPU 30 Oct 15 6 Nov 15 26 20 : 1 BANP01P1510A BANPU 30 Oct 15 6 Nov 15 35.5 14 : 1 BANP06C1601A BANPU 29 Jan 16 5 Feb 16 18.764 23.45216 : 1 BANP06P1601A BANPU 29 Jan 16 5 Feb 16 28.329 12.70003 : 1 BANP07C1508A BANPU 21 Aug 15 28 Aug 15 30.283 12.21074 : 1 BANP11C1509A BANPU 30 Sep 15 7 Oct 15 24.421 8.9871 : 1 BANP11P1509A BANPU 30 Sep 15 7 Oct 15 32.236 11.72231 : 1 BANP13C1512A BANPU 15 Dec 15 22 Dec 15 28.5 13.5 : 1 BANP13P1510A BANPU 14 Oct 15 21 Oct 15 25.398 7.71724 : 1 BANP16C1602A BANPU 26 Feb 16 4 Mar 16 25 18 : 1 BANP23C1510A BANPU 15 Oct 15 22 Oct 15 24.226 17.58087 : 1 BANP27C1508A BANPU 13 Aug 15 20 Aug 15 25.398 15.62975 : 1 BANP27C1606A BANPU 23 Jun 16 30 Jun 16 25 15 : 1 BANP28C1510A BANPU 1 Oct 15 8 Oct 15 29.306 17.09505 : 1 BANP28C1601A BANPU 4 Jan 16 9 Jan 16 27 15 : 1 BAY13C1606A BAY 24 Jun 16 1 Jul 16 42 15 : 1 BAY27C1510A BAY 22 Oct 15 30 Oct 15 74.264 16.83313 : 1

BAY27C1606A BAY 23 Jun 16 30 Jun 16 45 16 : 1 BAY42C1508A BAY 25 Aug 15 1 Sep 15 49.509 19.80198 : 1 BAY42C1607A BAY 26 Jul 16 2 Aug 16 35 18 : 1 BBL06C1601A BBL 29 Jan 16 5 Feb 16 122.862 47.25898 : 1 BBL06P1601A BBL 29 Jan 16 5 Feb 16 185.547 24.41406 : 1 BBL08C1512A BBL 25 Dec 15 5 Jan 16 200 23.5 : 1

BBL11C1602A BBL 26 Feb 16 4 Mar 16 160 35 : 1 BBL11P1602A BBL 26 Feb 16 4 Mar 16 195 25 : 1 BBL13C1510A BBL 8 Oct 15 15 Oct 15 199 27 : 1 BBL13C1601A BBL 22 Jan 16 29 Jan 16 180 27 : 1 BBL13P1511A BBL 18 Nov 15 25 Nov 15 178 18 : 1 BBL18C1512A BBL 25 Dec 15 5 Jan 16 170 50 : 1 BBL23C1604A BBL 21 Apr 16 28 Apr 16 161.133 78.125 : 1 BBL23P1601A BBL 18 Jan 16 23 Jan 16 145.5 13 : 1 BBL28C1510A BBL 1 Oct 15 8 Oct 15 190 62 : 1 BCH13C1606A BCH 24 Jun 16 1 Jul 16 7.75 3 : 1 BCH42C1512A BCH 22 Dec 15 29 Dec 15 7.5 3 : 1 BCP01C1512A BCP 23 Dec 15 30 Dec 15 28.5 20 : 1 BCP01P1512A BCP 23 Dec 15 30 Dec 15 38 14 : 1 BCP06C1511A BCP 30 Nov 15 5 Dec 15 25.696 24.70966 : 1 BCP11C1512A BCP 24 Dec 15 31 Dec 15 31 17.4 : 1 BCP11P1512A BCP 24 Dec 15 31 Dec 15 40 12.7 : 1 BCP13C1511A BCP 12 Nov 15 19 Nov 15 38 14 : 1 BCP23C1605A BCP 30 May 16 4 Jun 16 45 22 : 1 BCP27C1511A BCP 9 Nov 15 14 Nov 15 34 15.5 : 1 BCP28C1512A BCP 1 Dec 15 9 Dec 15 36 16.5 : 1 BDMS01C1509A BDMS 30 Sep 15 7 Oct 15 19.081 7.90952 : 1 BDMS01C1601A BDMS 29 Jan 16 5 Feb 16 17.5 8 : 1

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Market Daily - 9

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

BDMS01P1509A BDMS 30 Sep 15 7 Oct 15 23.728 5.63539 : 1 BDMS01P1601A BDMS 29 Jan 16 5 Feb 16 22.5 5.8 : 1

BDMS06C1602A BDMS 26 Feb 16 4 Mar 16 14.83 9.88631 : 1 BDMS08C1512A BDMS 25 Dec 15 5 Jan 16 21 4.8 : 1 BDMS08P1601A BDMS 29 Jan 16 5 Feb 16 17 3.2 : 1 BDMS11C1601A BDMS 29 Jan 16 5 Feb 16 17.25 6.9 : 1 BDMS11P1601A BDMS 29 Jan 16 5 Feb 16 21.5 4.7 : 1 BDMS13C1512A BDMS 17 Dec 15 24 Dec 15 22.5 5.5 : 1

BDMS16C1603A BDMS 22 Mar 16 29 Mar 16 18 8 : 1 BDMS23C1605A BDMS 18 May 16 26 May 16 15.72 8.89838 : 1 BDMS28C1509A BDMS 1 Sep 15 8 Sep 15 21.256 6.72296 : 1 BDMS42C1602A BDMS 23 Feb 16 1 Mar 16 20 6 : 1 BDMS42P1602A BDMS 23 Feb 16 1 Mar 16 22 5 : 1 BEC01C1512A BEC 23 Dec 15 30 Dec 15 32 20 : 1 BEC01P1512A BEC 23 Dec 15 30 Dec 15 43 14 : 1 BEC27C1508A BEC 13 Aug 15 20 Aug 15 54.626 14.6319 : 1 BEC27C1606A BEC 23 Jun 16 30 Jun 16 37.5 16 : 1 BEC42C1508A BEC 25 Aug 15 1 Sep 15 39.018 19.50839 : 1 BH01C1509A BH 30 Sep 15 7 Oct 15 138.841 39.6668 : 1 BH01C1601A BH 29 Jan 16 5 Feb 16 177 80 : 1 BH06C1606A BH 30 Jun 16 8 Jul 16 126 45 : 1 BH08C1601A BH 29 Jan 16 5 Feb 16 200 24 : 1 BH08P1601A BH 29 Jan 16 5 Feb 16 160 16.5 : 1 BH11C1509A BH 30 Sep 15 7 Oct 15 133.882 35.70198 : 1 BH13C1511A BH 23 Nov 15 28 Nov 15 195 28 : 1 BH13C1602A BH 10 Feb 16 17 Feb 16 220 60 : 1 BH23C1605A BH 30 May 16 4 Jun 16 220 56 : 1 BH27C1603A BH 17 Mar 16 24 Mar 16 190 40 : 1 BH42C1508A BH 25 Aug 15 1 Sep 15 136.858 31.73596 : 1 BIGC08C1601A BIGC 29 Jan 16 5 Feb 16 220 48 : 1 BIGC42C1508A BIGC 25 Aug 15 1 Sep 15 217.537 71.17438 : 1 BIGC42C1607A BIGC 26 Jul 16 2 Aug 16 200 64 : 1

BJC06C1606A BJC 30 Jun 16 8 Jul 16 26 21 : 1 BJC13C1606A BJC 24 Jun 16 1 Jul 16 42 15.85 : 1 BJC42C1508A BJC 25 Aug 15 1 Sep 15 34.759 17.8731 : 1 BJC42C1607A BJC 26 Jul 16 2 Aug 16 38 15 : 1

BJCH06C1603A BJCHI 31 Mar 16 8 Apr 16 5.442 4.46967 : 1 BJCH08C1512A BJCHI 25 Dec 15 5 Jan 16 8.2 2.5 : 1 BJCH13C1512A BJCHI 17 Dec 15 24 Dec 15 8.5 2.55 : 1 BJCH23C1511A BJCHI 12 Nov 15 19 Nov 15 5.617 7.38389 : 1 BJCH27C1603A BJCHI 17 Mar 16 24 Mar 16 8 3 : 1 BJCH42C1508A BJCHI 25 Aug 15 1 Sep 15 6.802 3.10955 : 1 BJCH42C1607A BJCHI 26 Jul 16 2 Aug 16 7 4 : 1 BLAN01C1509A BLAND 30 Sep 15 7 Oct 15 1.453 0.77468 : 1 BLAN01C1601A BLAND 29 Jan 16 5 Feb 16 1.2 0.8 : 1 BLAN01P1509A BLAND 30 Sep 15 7 Oct 15 1.937 0.54228 : 1 BLAN01P1601A BLAND 29 Jan 16 5 Feb 16 1.7 0.56 : 1 BLAN06C1603A BLAND 31 Mar 16 8 Apr 16 1.21 0.87152 : 1 BLAN11C1601A BLAND 29 Jan 16 5 Feb 16 1.35 0.66332 : 1 BLAN23C1601A BLAND 14 Jan 16 21 Jan 16 1.375 1.45252 : 1 BLAN28C1510A BLAND 1 Oct 15 8 Oct 15 1.433 0.80373 : 1 BMCL01C1508A BMCL 31 Aug 15 5 Sep 15 1.75 1.65 : 1 BMCL01P1508A BMCL 31 Aug 15 5 Sep 15 2.25 1 : 1 BMCL08C1508A BMCL 28 Aug 15 4 Sep 15 1.25 0.76 : 1 BMCL13C1508A BMCL 11 Aug 15 19 Aug 15 2.14 0.55 : 1 BMCL23C1510A BMCL 15 Oct 15 22 Oct 15 1.72 1.4 : 1

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Market Daily - 10

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

BTS01C1510A BTS 30 Oct 15 6 Nov 15 8.051 3.88003 : 1 BTS01P1510A BTS 30 Oct 15 6 Nov 15 10.476 2.91002 : 1 BTS06C1704A BTS 27 Apr 17 5 May 17 4.462 0.97 : 1 BTS11C1509A BTS 30 Sep 15 7 Oct 15 8.73 3.589 : 1 BTS13C1510A BTS 14 Oct 15 21 Oct 15 9.7 2.71599 : 1 BTS16C1603A BTS 22 Mar 16 29 Mar 16 8.536 3.39501 : 1 BTS23C1511A BTS 12 Nov 15 19 Nov 15 8.288 3.2962 : 1

BTS27C1511A BTS 23 Nov 15 28 Nov 15 9.021 2.91 : 1 BTS28C1512A BTS 1 Dec 15 9 Dec 15 9.469 3.7376 : 1 BTS42C1508A BTS 25 Aug 15 1 Sep 15 9.409 6.78979 : 1 CBG01C1601A CBG 29 Jan 16 5 Feb 16 36 20 : 1 CBG01P1601A CBG 29 Jan 16 5 Feb 16 48 15 : 1 CBG06C1608A CBG 31 Aug 16 7 Sep 16 33 22 : 1 CBG13C1602A CBG 11 Feb 16 18 Feb 16 47 13.75 : 1 CBG42C1603A CBG 29 Mar 16 5 Apr 16 40.75 16 : 1

CENT01C1512A CENTEL 23 Dec 15 30 Dec 15 30 20 : 1 CENT01P1512A CENTEL 23 Dec 15 30 Dec 15 41 14 : 1 CENT08C1601A CENTEL 29 Jan 16 5 Feb 16 39 12 : 1 CENT11C1508A CENTEL 31 Aug 15 5 Sep 15 29.649 17.69094 : 1 CENT23C1601A CENTEL 14 Jan 16 21 Jan 16 26.882 21.74386 : 1 CENT42C1508A CENTEL 25 Aug 15 1 Sep 15 30.638 15.81278 : 1

CK01C1510A CK 30 Oct 15 6 Nov 15 21.691 17.74623 : 1 CK01P1510A CK 30 Oct 15 6 Nov 15 30.564 13.80262 : 1 CK06C1510A CK 30 Oct 15 6 Nov 15 21.691 24.64876 : 1 CK06C1602A CK 26 Feb 16 4 Mar 16 21.691 24.64876 : 1 CK08C1512A CK 25 Dec 15 5 Jan 16 30 12.1 : 1 CK11C1508A CK 31 Aug 15 5 Sep 15 22.676 17.15542 : 1 CK11P1511A CK 13 Nov 15 20 Nov 15 28.592 5.27479 : 1 CK13C1509A CK 16 Sep 15 23 Sep 15 32.043 12.81723 : 1 CK13C1512A CK 21 Dec 15 26 Dec 15 29.5 13.8 : 1 CK16C1511A CK 16 Nov 15 21 Nov 15 22.677 19.71998 : 1 CK18C1508A CK 19 Aug 15 26 Aug 15 23.663 9.85944 : 1 CK23C1510A CK 15 Oct 15 22 Oct 15 20.902 15.77536 : 1 CK27C1605A CK 24 May 16 31 May 16 27.5 16.5 : 1 CK28C1510A CK 1 Oct 15 8 Oct 15 26.62 17.74699 : 1 CK42C1508A CK 25 Aug 15 1 Sep 15 24.156 16.76165 : 1

CKP01C1601A CKP 29 Jan 16 5 Feb 16 2.5 1.8 : 1 CKP23C1605A CKP 11 May 16 18 May 16 3.5 0.85 : 1 CKP42C1603A CKP 29 Mar 16 5 Apr 16 2.9 1.3 : 1

CPAL01C1510A CPALL 30 Oct 15 6 Nov 15 35.326 19.62709 : 1 CPAL01P1510A CPALL 30 Oct 15 6 Nov 15 47.102 14.71887 : 1 CPAL06C1601A CPALL 29 Jan 16 5 Feb 16 27.858 24.01537 : 1 CPAL08C1601A CPALL 29 Jan 16 5 Feb 16 50 11.3 : 1 CPAL08P1601A CPALL 29 Jan 16 5 Feb 16 40 7.5 : 1 CPAL11C1602A CPALL 26 Feb 16 4 Mar 16 40 18 : 1 CPAL11P1602A CPALL 26 Feb 16 4 Mar 16 49 11 : 1 CPAL13C1512A CPALL 4 Dec 15 15 Dec 15 47 13.4 : 1 CPAL16C1601A CPALL 29 Jan 16 5 Feb 16 33.364 19.62709 : 1 CPAL28C1510A CPALL 1 Oct 15 8 Oct 15 39.251 17.66317 : 1 CPAL42C1508A CPALL 25 Aug 15 1 Sep 15 39.251 16.68335 : 1 CPAL42P1512A CPALL 22 Dec 15 29 Dec 15 48 10 : 1 CPF01C1512A CPF 23 Dec 15 30 Dec 15 22 20 : 1 CPF01P1512A CPF 23 Dec 15 30 Dec 15 31 14 : 1 CPF06C1604A CPF 29 Apr 16 10 May 16 16.674 9.3188 : 1 CPF06C1701A CPF 31 Jan 17 7 Feb 17 18.636 24.52182 : 1 CPF08C1508A CPF 28 Aug 15 4 Sep 15 25.453 3.58312 : 1

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Market Daily - 11

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

CPF08C1602A CPF 26 Feb 16 4 Mar 16 24.5 4.85 : 1 CPF08P1508A CPF 28 Aug 15 4 Sep 15 17.753 2.45811 : 1 CPF08P1602A CPF 26 Feb 16 4 Mar 16 18.5 2.7 : 1 CPF11C1508A CPF 31 Aug 15 5 Sep 15 21.578 9.80851 : 1 CPF11C1512A CPF 24 Dec 15 31 Dec 15 20 7 : 1 CPF11P1512A CPF 24 Dec 15 31 Dec 15 25 5 : 1 CPF13C1511A CPF 20 Nov 15 27 Nov 15 22.461 5.68893 : 1

CPF16C1509A CPF 30 Sep 15 7 Oct 15 25.993 17.65537 : 1 CPF27C1508A CPF 13 Aug 15 20 Aug 15 27.464 15.69362 : 1 CPF27C1606A CPF 23 Jun 16 30 Jun 16 22 6 : 1 CPF27P1605A CPF 24 May 16 31 May 16 21 4 : 1 CPF28C1509A CPF 1 Sep 15 8 Sep 15 27.954 18.63617 : 1 CPF28C1512A CPF 1 Dec 15 9 Dec 15 25 6 : 1 CPF42C1508A CPF 25 Aug 15 1 Sep 15 24.766 15.69366 : 1 CPN01C1512A CPN 23 Dec 15 30 Dec 15 38.5 20 : 1 CPN01P1512A CPN 23 Dec 15 30 Dec 15 50 14 : 1 CPN06C1601A CPN 29 Jan 16 5 Feb 16 28.21 24.31907 : 1 CPN08C1601A CPN 29 Jan 16 5 Feb 16 50 12.5 : 1 CPN11C1508A CPN 31 Aug 15 5 Sep 15 37.914 18.80959 : 1 CPN11P1602A CPN 26 Feb 16 4 Mar 16 53 11.5 : 1 CPN16C1509A CPN 30 Sep 15 7 Oct 15 42.839 17.72421 : 1 CPN27C1606A CPN 23 Jun 16 30 Jun 16 46 16 : 1 CPN28C1512A CPN 1 Dec 15 9 Dec 15 40 20 : 1 CPN42C1512A CPN 22 Dec 15 29 Dec 15 44 16 : 1 DELT01C1512A DELTA 23 Dec 15 30 Dec 15 79 22 : 1 DELT01P1512A DELTA 23 Dec 15 30 Dec 15 99 15 : 1 DELT11C1601A DELTA 29 Jan 16 5 Feb 16 79 17.5 : 1 DELT27C1509A DELTA 16 Sep 15 23 Sep 15 73.814 13.42069 : 1 DELT42C1602A DELTA 23 Feb 16 1 Mar 16 90 16 : 1 DTAC01C1512A DTAC 23 Dec 15 30 Dec 15 78.107 19.77457 : 1 DTAC01P1512A DTAC 23 Dec 15 30 Dec 15 98.869 13.84083 : 1 DTAC06C1606A DTAC 30 Jun 16 8 Jul 16 64.265 20.76412 : 1 DTAC06P1606A DTAC 30 Jun 16 8 Jul 16 84.039 11.86521 : 1 DTAC11C1508A DTAC 31 Aug 15 5 Sep 15 78.305 18.59747 : 1 DTAC11P1508A DTAC 31 Aug 15 5 Sep 15 107.669 13.89916 : 1 DTAC13C1601A DTAC 18 Jan 16 23 Jan 16 90.96 12.85347 : 1 DTAC16C1602A DTAC 26 Feb 16 4 Mar 16 73.163 19.77457 : 1 DTAC23C1603A DTAC 24 Mar 16 31 Mar 16 73.483 37.23008 : 1 DTAC27C1509A DTAC 16 Sep 15 23 Sep 15 103.066 11.92898 : 1 DTAC28C1510A DTAC 1 Oct 15 8 Oct 15 88.982 19.77386 : 1 DTAC42C1603A DTAC 29 Mar 16 5 Apr 16 84.039 15.82028 : 1 EART11C1509A EARTH 30 Sep 15 7 Oct 15 5 3.4 : 1 EART28C1511A EARTH 2 Nov 15 7 Nov 15 5 2.8 : 1 EART42C1512A EARTH 22 Dec 15 29 Dec 15 4.8 1.3 : 1 EGCO01C1512A EGCO 23 Dec 15 30 Dec 15 134 40 : 1 EGCO23C1511A EGCO 12 Nov 15 19 Nov 15 144.975 35.26093 : 1 EGCO42C1603A EGCO 29 Mar 16 5 Apr 16 150 32 : 1 ESSO13C1606A ESSO 10 Jun 16 17 Jun 16 6.9 2.6 : 1 ESSO42C1602A ESSO 23 Feb 16 1 Mar 16 4.5 3 : 1 GFPT06C1605A GFPT 31 May 16 7 Jun 16 10 9 : 1 GFPT11C1601A GFPT 29 Jan 16 5 Feb 16 12 6.7 : 1 GFPT23C1605A GFPT 30 May 16 4 Jun 16 15 6 : 1 GFPT27C1510A GFPT 15 Oct 15 22 Oct 15 15 6.7 : 1 GFPT42C1603A GFPT 29 Mar 16 5 Apr 16 13 6 : 1 GLOB27C1511A GLOBAL 9 Nov 15 14 Nov 15 9.4 3.2 : 1 GLOB42C1509A GLOBAL 29 Sep 15 6 Oct 15 10.572 5.67891 : 1

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Market Daily - 12

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

GLOW42C1508A GLOW 25 Aug 15 1 Sep 15 85.844 16.09528 : 1 GUNK01C1510A GUNKUL 30 Oct 15 6 Nov 15 25 20 : 1 GUNK01P1510A GUNKUL 30 Oct 15 6 Nov 15 34 13 : 1 GUNK11C1511A GUNKUL 13 Nov 15 20 Nov 15 22.5 6.5 : 1 GUNK23C1605A GUNKUL 30 May 16 4 Jun 16 30 16 : 1 GUNK27C1511A GUNKUL 9 Nov 15 14 Nov 15 28 18 : 1 GUNK28C1511A GUNKUL 2 Nov 15 7 Nov 15 28 20 : 1

GUNK42C1601A GUNKUL 26 Jan 16 2 Feb 16 25 17 : 1 GUNK42P1601A GUNKUL 26 Jan 16 2 Feb 16 30 11 : 1 HANA06C1606A HANA 30 Jun 16 8 Jul 16 35 21 : 1 HANA08C1512A HANA 25 Dec 15 5 Jan 16 46 13.2 : 1 HANA11C1601A HANA 29 Jan 16 5 Feb 16 38 16.6 : 1 HANA23C1605A HANA 26 May 16 2 Jun 16 50 15 : 1 HANA42C1508A HANA 25 Aug 15 1 Sep 15 36.057 17.54078 : 1 HEMR13C1512A HEMRAJ 1 Dec 15 9 Dec 15 4.525 1.08593 : 1 HMPR01C1510A HMPRO 30 Oct 15 6 Nov 15 6.5 4 : 1 HMPR01P1510A HMPRO 30 Oct 15 6 Nov 15 9 2.8 : 1 HMPR06C1602A HMPRO 26 Feb 16 4 Mar 16 6.039 4.64511 : 1 HMPR11C1511A HMPRO 30 Nov 15 5 Dec 15 7.3 3.3 : 1 HMPR16C1603A HMPRO 22 Mar 16 29 Mar 16 6 3.8 : 1 HMPR28C1512A HMPRO 1 Dec 15 9 Dec 15 7 4.5 : 1 HMPR42C1601A HMPRO 26 Jan 16 2 Feb 16 6.9 3 : 1 ICHI01C1510A ICHI 30 Oct 15 6 Nov 15 18.766 7.81922 : 1 ICHI01P1510A ICHI 30 Oct 15 6 Nov 15 23.946 5.37548 : 1 ICHI06C1605A ICHI 31 May 16 7 Jun 16 15.638 8.79662 : 1 ICHI23C1605A ICHI 30 May 16 4 Jun 16 25 7 : 1 ICHI27C1511A ICHI 9 Nov 15 14 Nov 15 22 6 : 1 ICHI28C1511A ICHI 2 Nov 15 7 Nov 15 23 7.4 : 1 ICHI42C1601A ICHI 26 Jan 16 2 Feb 16 21 7 : 1 ICHI42P1601A ICHI 26 Jan 16 2 Feb 16 24 4 : 1 INTU01C1508A INTUCH 31 Aug 15 5 Sep 15 69.968 19.43635 : 1 INTU01C1512A INTUCH 23 Dec 15 30 Dec 15 68 20 : 1 INTU01P1508A INTUCH 31 Aug 15 5 Sep 15 90.375 14.57513 : 1 INTU01P1512A INTUCH 23 Dec 15 30 Dec 15 85 15 : 1 INTU06C1601A INTUCH 29 Jan 16 5 Feb 16 50.349 22.88853 : 1 INTU06P1601A INTUCH 29 Jan 16 5 Feb 16 68.996 12.63424 : 1 INTU11C1509A INTUCH 30 Sep 15 7 Oct 15 70.939 15.83988 : 1 INTU11P1509A INTUCH 15 Sep 15 22 Sep 15 90.374 14.67375 : 1 INTU13C1510A INTUCH 6 Oct 15 13 Oct 15 87.459 12.63424 : 1 INTU13P1601A INTUCH 13 Jan 16 20 Jan 16 70 8 : 1 INTU16C1603A INTUCH 22 Mar 16 29 Mar 16 70 18 : 1 INTU18C1509A INTUCH 28 Sep 15 3 Oct 15 73.855 21.38113 : 1 INTU23C1603A INTUCH 24 Mar 16 31 Mar 16 60.736 38.86514 : 1 INTU23P1601A INTUCH 18 Jan 16 23 Jan 16 67 7 : 1 INTU28C1510A INTUCH 1 Oct 15 8 Oct 15 80 18.5 : 1 INTU42C1602A INTUCH 23 Feb 16 1 Mar 16 77 16 : 1 INTU42P1602A INTUCH 23 Feb 16 1 Mar 16 77 9 : 1 IRPC01C1508A IRPC 31 Aug 15 5 Sep 15 3.8 1.7 : 1 IRPC01C1511A IRPC 30 Nov 15 5 Dec 15 3.5 1.7 : 1 IRPC01P1508A IRPC 31 Aug 15 5 Sep 15 5.5 1.2 : 1 IRPC01P1511A IRPC 30 Nov 15 5 Dec 15 5 1.3 : 1 IRPC06C1602A IRPC 26 Feb 16 4 Mar 16 3 2 : 1 IRPC06C1605A IRPC 31 May 16 7 Jun 16 3.5 1.8 : 1 IRPC06P1605A IRPC 31 May 16 7 Jun 16 4.4 1 : 1 IRPC08C1512A IRPC 25 Dec 15 5 Jan 16 4.7 1.06 : 1 IRPC11C1509A IRPC 30 Sep 15 7 Oct 15 3.685 1.41517 : 1

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Market Daily - 13

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

IRPC13C1510A IRPC 7 Oct 15 14 Oct 15 4.6 1.1 : 1 IRPC13C1601A IRPC 11 Jan 16 16 Jan 16 4.74 1 : 1 IRPC13P1509A IRPC 14 Sep 15 19 Sep 15 4 0.75 : 1 IRPC18C1509A IRPC 28 Sep 15 3 Oct 15 4.2 1.6 : 1 IRPC23C1511A IRPC 12 Nov 15 19 Nov 15 4.678 1.17931 : 1 IRPC28C1509A IRPC 1 Sep 15 8 Sep 15 4.5 1.4 : 1 IRPC28C1509B IRPC 1 Sep 15 8 Sep 15 5.3 3.6 : 1

IRPC28C1512A IRPC 1 Dec 15 9 Dec 15 4.2 1.45 : 1 IRPC28P1509A IRPC 1 Sep 15 8 Sep 15 4.5 1.4 : 1 IRPC42C1601A IRPC 26 Jan 16 2 Feb 16 4.1 1.3 : 1 ITD01C1508A ITD 31 Aug 15 5 Sep 15 7.9 4 : 1 ITD01C1511A ITD 30 Nov 15 5 Dec 15 6.1 4 : 1 ITD01C1602A ITD 29 Feb 16 5 Mar 16 6.5 4 : 1 ITD01P1508A ITD 31 Aug 15 5 Sep 15 11 2.8 : 1 ITD01P1511A ITD 30 Nov 15 5 Dec 15 9.3 2.8 : 1 ITD01P1602A ITD 29 Feb 16 5 Mar 16 9.5 2.6 : 1 ITD06C1510A ITD 30 Oct 15 6 Nov 15 4.5 5 : 1 ITD06C1608A ITD 31 Aug 16 7 Sep 16 6.5 4 : 1 ITD06P1602A ITD 26 Feb 16 4 Mar 16 8 2.5 : 1 ITD07C1508A ITD 21 Aug 15 28 Aug 15 10 2.5 : 1 ITD08C1508A ITD 28 Aug 15 4 Sep 15 9.3 2.33365 : 1 ITD08C1602A ITD 26 Feb 16 4 Mar 16 9.15 2.45 : 1 ITD08P1602A ITD 26 Feb 16 4 Mar 16 6 1.15 : 1 ITD11C1508A ITD 31 Aug 15 5 Sep 15 6.7 3.7 : 1 ITD11P1602A ITD 26 Feb 16 4 Mar 16 9 2 : 1 ITD13C1510A ITD 2 Oct 15 9 Oct 15 8.5 2.6 : 1 ITD13C1601A ITD 18 Jan 16 23 Jan 16 8 2.8 : 1 ITD13P1509A ITD 14 Sep 15 19 Sep 15 6 1.35 : 1 ITD16C1604A ITD 20 Apr 16 27 Apr 16 7.45 3.75 : 1 ITD23C1510A ITD 15 Oct 15 22 Oct 15 5.7 4 : 1 ITD27C1509A ITD 16 Sep 15 23 Sep 15 8.5 3.2 : 1 ITD27P1605A ITD 24 May 16 31 May 16 7 1.8 : 1 ITD28C1509A ITD 1 Sep 15 8 Sep 15 8 2.8 : 1 ITD28C1510A ITD 1 Oct 15 8 Oct 15 9.5 3.3 : 1 ITD28C1510B ITD 1 Oct 15 8 Oct 15 7.8 4.5 : 1 ITD28C1512A ITD 1 Dec 15 9 Dec 15 7 3.7 : 1 ITD42P1509A ITD 29 Sep 15 6 Oct 15 9 1.6 : 1 IVL01C1510A IVL 30 Oct 15 6 Nov 15 22 20 : 1 IVL01P1510A IVL 30 Oct 15 6 Nov 15 31 15 : 1 IVL06C1510A IVL 30 Oct 15 6 Nov 15 20.844 24.8139 : 1 IVL06C1601A IVL 29 Jan 16 5 Feb 16 15.674 9.79624 : 1 IVL06C1608A IVL 31 Aug 16 7 Sep 16 21.5 21 : 1 IVL06P1510A IVL 30 Oct 15 6 Nov 15 29.776 12.90323 : 1 IVL06P1608A IVL 31 Aug 16 7 Sep 16 28 11 : 1 IVL08C1512A IVL 25 Dec 15 5 Jan 16 28.5 13.5 : 1 IVL11C1512A IVL 24 Dec 15 31 Dec 15 21 7 : 1 IVL11P1512A IVL 24 Dec 15 31 Dec 15 25 4.5 : 1 IVL13C1510A IVL 7 Oct 15 14 Oct 15 25 5.5 : 1 IVL13C1601A IVL 18 Jan 16 23 Jan 16 29.5 14.8 : 1 IVL13P1511A IVL 20 Nov 15 27 Nov 15 24.02 7.94029 : 1 IVL23C1605A IVL 30 May 16 4 Jun 16 31.5 12 : 1 IVL27C1510A IVL 15 Oct 15 22 Oct 15 26.303 14.88824 : 1 IVL27P1511A IVL 23 Nov 15 28 Nov 15 26 8.6 : 1 IVL28C1509A IVL 1 Sep 15 8 Sep 15 28.784 14.88824 : 1 IVL28C1511A IVL 2 Nov 15 7 Nov 15 24.5 7 : 1 IVL42C1512A IVL 22 Dec 15 29 Dec 15 24 6.4 : 1

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Market Daily - 14

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

JAS01C1508A JAS 31 Aug 15 5 Sep 15 5.279 2.9124 : 1 JAS01C1512A JAS 23 Dec 15 30 Dec 15 4.5 4 : 1 JAS01P1508A JAS 31 Aug 15 5 Sep 15 6.917 2.18441 : 1 JAS01P1512A JAS 23 Dec 15 30 Dec 15 7 3 : 1 JAS06C1701A JAS 31 Jan 17 7 Feb 17 4.733 3.6406 : 1 JAS06P1602A JAS 26 Feb 16 4 Mar 16 6.116 1.8203 : 1

JAS08C1508A JAS 28 Aug 15 4 Sep 15 8.109 1.58573 : 1 JAS08C1602A JAS 26 Feb 16 4 Mar 16 6 2.55 : 1 JAS08P1602A JAS 26 Feb 16 4 Mar 16 4.3 1.2 : 1 JAS11C1509A JAS 15 Sep 15 22 Sep 15 5.586 3.06356 : 1 JAS11P1509A JAS 15 Sep 15 22 Sep 15 7.118 2.14449 : 1 JAS13C1509A JAS 2 Sep 15 9 Sep 15 6.552 1.96595 : 1 JAS13C1510A JAS 7 Oct 15 14 Oct 15 4.866 0.99116 : 1 JAS13C1511A JAS 5 Nov 15 12 Nov 15 5.316 2.52296 : 1 JAS13P1511A JAS 5 Nov 15 12 Nov 15 4.505 1.44167 : 1 JAS16C1602A JAS 26 Feb 16 4 Mar 16 4.145 3.60425 : 1 JAS18C1512A JAS 25 Dec 15 5 Jan 16 5.25 2 : 1 JAS23C1511A JAS 27 Nov 15 4 Dec 15 5.857 2.47788 : 1 JAS23P1511A JAS 27 Nov 15 4 Dec 15 2.703 0.49558 : 1 JAS27C1510A JAS 15 Oct 15 22 Oct 15 6.307 3.06354 : 1 JAS27P1605A JAS 24 May 16 31 May 16 4 1 : 1 JAS28C1510A JAS 1 Oct 15 8 Oct 15 5.136 3.7844 : 1 JAS28C1511A JAS 2 Nov 15 7 Nov 15 4.956 3.15367 : 1 JAS28C1607A JAS 4 Jul 16 9 Jul 16 6.5 3.8 : 1 JAS42C1602A JAS 23 Feb 16 1 Mar 16 6 3.2 : 1 JAS42P1602A JAS 23 Feb 16 1 Mar 16 6 1.8 : 1

KBAN01C1508A KBANK 31 Aug 15 5 Sep 15 189.128 78.80221 : 1 KBAN01C1511A KBANK 30 Nov 15 5 Dec 15 170 75 : 1 KBAN01C1602A KBANK 29 Feb 16 5 Mar 16 160 40 : 1 KBAN01P1508A KBANK 31 Aug 15 5 Sep 15 256.111 59.10165 : 1 KBAN01P1511A KBANK 30 Nov 15 5 Dec 15 235 60 : 1 KBAN01P1602A KBANK 29 Feb 16 5 Mar 16 212 33 : 1 KBAN06C1601A KBANK 29 Jan 16 5 Feb 16 120.883 48.3559 : 1 KBAN06P1601A KBANK 29 Jan 16 5 Feb 16 236.41 49.26108 : 1 KBAN08C1512A KBANK 25 Dec 15 5 Jan 16 220 48 : 1 KBAN08P1602A KBANK 26 Feb 16 4 Mar 16 158 13 : 1 KBAN13C1510A KBANK 2 Oct 15 9 Oct 15 205 27 : 1 KBAN13C1511A KBANK 30 Nov 15 5 Dec 15 220 58 : 1 KBAN13C1512A KBANK 3 Dec 15 12 Dec 15 190 25.5 : 1 KBAN13P1601A KBANK 13 Jan 16 20 Jan 16 202 36 : 1 KBAN13P1602A KBANK 11 Feb 16 18 Feb 16 170 17 : 1 KBAN18C1512A KBANK 25 Dec 15 5 Jan 16 190 60 : 1 KBAN23C1603A KBANK 24 Mar 16 31 Mar 16 181.248 88.65248 : 1 KBAN23P1601A KBANK 18 Jan 16 23 Jan 16 155 17 : 1 KBAN28C1510A KBANK 1 Oct 15 8 Oct 15 231.485 65.01284 : 1 KBAN28C1511A KBANK 2 Nov 15 7 Nov 15 180 35 : 1 KBAN28C1607A KBANK 4 Jul 16 9 Jul 16 230 80 : 1 KBAN28P1511A KBANK 2 Nov 15 7 Nov 15 220 58 : 1 KBAN42P1512A KBANK 22 Dec 15 29 Dec 15 210 40 : 1 KCE01C1511A KCE 30 Nov 15 5 Dec 15 47 20 : 1 KCE08C1601A KCE 29 Jan 16 5 Feb 16 61 12.2 : 1 KCE11C1511A KCE 30 Nov 15 5 Dec 15 45.5 18 : 1 KCE23C1602A KCE 11 Feb 16 18 Feb 16 31.346 37.50938 : 1 KCE27C1509A KCE 16 Sep 15 23 Sep 15 37.516 16.29 : 1 KCE42C1508A KCE 25 Aug 15 1 Sep 15 34.555 15.79529 : 1 KKP42C1508A KKP 25 Aug 15 1 Sep 15 38.124 15.44163 : 1

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Market Daily - 15

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

KTB01C1508A KTB 31 Aug 15 5 Sep 15 19.234 7.69349 : 1 KTB01C1511A KTB 30 Nov 15 5 Dec 15 15.4 8 : 1 KTB01P1508A KTB 31 Aug 15 5 Sep 15 25.004 5.77001 : 1 KTB01P1511A KTB 30 Nov 15 5 Dec 15 20.5 6 : 1 KTB06C1601A KTB 29 Jan 16 5 Feb 16 12.859 9.18527 : 1 KTB11C1512A KTB 24 Dec 15 31 Dec 15 18 7 : 1

KTB11P1512A KTB 24 Dec 15 31 Dec 15 22 5 : 1 KTB13C1511A KTB 12 Nov 15 19 Nov 15 23.5 5.5 : 1 KTB13C1512A KTB 14 Dec 15 19 Dec 15 18.8 5.6 : 1 KTB13P1512A KTB 14 Dec 15 19 Dec 15 16.8 3.5 : 1 KTB16C1509A KTB 30 Sep 15 7 Oct 15 20.388 6.73174 : 1 KTB23C1510A KTB 15 Oct 15 22 Oct 15 24.764 4.80862 : 1 KTB23C1605A KTB 11 May 16 18 May 16 20.9 4 : 1 KTB23P1508A KTB 20 Aug 15 27 Aug 15 19.234 3.36598 : 1 KTB23P1603A KTB 24 Mar 16 31 Mar 16 15.5 3 : 1 KTB27C1509A KTB 23 Sep 15 30 Sep 15 23.081 5.28936 : 1 KTB28C1510A KTB 1 Oct 15 8 Oct 15 22 7 : 1 KTB28C1512A KTB 1 Dec 15 9 Dec 15 20 6 : 1 KTB42P1512A KTB 22 Dec 15 29 Dec 15 19.5 4 : 1 KTC01C1510A KTC 30 Oct 15 6 Nov 15 90 40 : 1 KTC11C1601A KTC 29 Jan 16 5 Feb 16 85 16.6 : 1 KTC13C1510A KTC 7 Oct 15 14 Oct 15 109 30 : 1 KTC23C1511A KTC 27 Nov 15 4 Dec 15 120 23 : 1 KTC27C1603A KTC 17 Mar 16 24 Mar 16 100 30 : 1 KTC28C1511A KTC 2 Nov 15 7 Nov 15 105 36 : 1 KTC42C1601A KTC 26 Jan 16 2 Feb 16 96 16 : 1 KTC42P1601A KTC 26 Jan 16 2 Feb 16 110 20 : 1 KTIS06C1602A KTIS 26 Feb 16 4 Mar 16 8.838 9.82029 : 1 KTIS42C1508A KTIS 25 Aug 15 1 Sep 15 9.82 7.3654 : 1 KTIS42C1607A KTIS 26 Jul 16 2 Aug 16 9 3.2 : 1 LH01C1511A LH 30 Nov 15 5 Dec 15 8 4 : 1 LH01P1511A LH 30 Nov 15 5 Dec 15 10.7 2.8 : 1 LH11C1511A LH 30 Nov 15 5 Dec 15 8.638 3.50326 : 1 LH13C1511A LH 20 Nov 15 27 Nov 15 10.558 5.75871 : 1 LH42C1602A LH 23 Feb 16 1 Mar 16 9 3.2 : 1 LH42P1602A LH 23 Feb 16 1 Mar 16 10 2 : 1

LHBA01C1601A LHBANK 29 Jan 16 5 Feb 16 1.46 0.85 : 1 LHBA42C1603A LHBANK 29 Mar 16 5 Apr 16 1.84 0.7 : 1 LPN01C1511A LPN 30 Nov 15 5 Dec 15 15.2 8 : 1 LPN01P1511A LPN 30 Nov 15 5 Dec 15 20.2 5.5 : 1 LPN08C1601A LPN 29 Jan 16 5 Feb 16 20.5 4.9 : 1 LPN11C1511A LPN 30 Nov 15 5 Dec 15 17 7.2 : 1 LPN23C1602A LPN 11 Feb 16 18 Feb 16 18.314 8.2802 : 1 LPN27C1602A LPN 18 Feb 16 26 Feb 16 18.8 6.6 : 1 LPN42C1512A LPN 22 Dec 15 29 Dec 15 16 6.4 : 1

M08C1508A M 28 Aug 15 4 Sep 15 62.877 12.27423 : 1 MAJO11C1601A MAJOR 29 Jan 16 5 Feb 16 31 18 : 1 MAJO23C1605A MAJOR 30 May 16 4 Jun 16 35 16 : 1 MAJO42C1603A MAJOR 29 Mar 16 5 Apr 16 31 17 : 1

MC27C1603A MC 17 Mar 16 24 Mar 16 14.8 6.5 : 1 MC42C1607A MC 26 Jul 16 2 Aug 16 15 6.4 : 1

MCOT42C1602A MCOT 23 Feb 16 1 Mar 16 14.763 7.8734 : 1 MEGA13C1606A MEGA 24 Jun 16 1 Jul 16 22 5.7 : 1 MEGA27C1510A MEGA 22 Oct 15 30 Oct 15 16.5 6.2 : 1 MEGA42C1607A MEGA 26 Jul 16 2 Aug 16 19 7 : 1 MINT01C1512A MINT 23 Dec 15 30 Dec 15 26 20 : 1

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Market Daily - 16

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

MINT01P1512A MINT 23 Dec 15 30 Dec 15 37 14 : 1 MINT06C1603A MINT 31 Mar 16 8 Apr 16 24.374 20.75981 : 1 MINT08C1601A MINT 29 Jan 16 5 Feb 16 31.5 11.6 : 1 MINT11C1601A MINT 29 Jan 16 5 Feb 16 28.5 16.2 : 1 MINT11P1601A MINT 29 Jan 16 5 Feb 16 34 12 : 1 MINT13C1512A MINT 16 Dec 15 23 Dec 15 35 14.5 : 1

MINT23C1601A MINT 14 Jan 16 21 Jan 16 26.089 19.86097 : 1 MINT27C1508A MINT 13 Aug 15 20 Aug 15 33.401 15.34647 : 1 MINT28C1510A MINT 1 Oct 15 8 Oct 15 32.498 16.24921 : 1 MINT42C1602A MINT 23 Feb 16 1 Mar 16 30 16 : 1 MINT42P1602A MINT 23 Feb 16 1 Mar 16 32 10 : 1 NOK42C1602A NOK 23 Feb 16 1 Mar 16 13 7 : 1 PS01C1511A PS 30 Nov 15 5 Dec 15 22 20 : 1 PS01P1511A PS 30 Nov 15 5 Dec 15 32 14.5 : 1 PS11C1601A PS 29 Jan 16 5 Feb 16 24.5 18.1 : 1 PS23C1605A PS 30 May 16 4 Jun 16 30 12 : 1 PS27C1509A PS 23 Sep 15 30 Sep 15 29.077 16.47692 : 1 PS28C1511A PS 2 Nov 15 7 Nov 15 30 20 : 1 PS42C1512A PS 22 Dec 15 29 Dec 15 24 16 : 1

PSL11C1602A PSL 26 Feb 16 4 Mar 16 7.9 3.5 : 1 PSL23C1601A PSL 14 Jan 16 21 Jan 16 9.473 11.07788 : 1 PSL28C1509A PSL 1 Sep 15 8 Sep 15 13.752 4.88954 : 1 PSL42C1509A PSL 29 Sep 15 6 Oct 15 11.46 5.34788 : 1 PTT01C1508A PTT 31 Aug 15 5 Sep 15 293.743 78.86435 : 1 PTT01C1511A PTT 30 Nov 15 5 Dec 15 300 80 : 1 PTT01C1602A PTT 29 Feb 16 5 Mar 16 300 80 : 1 PTT01P1508A PTT 31 Aug 15 5 Sep 15 378.514 55.18764 : 1 PTT01P1511A PTT 30 Nov 15 5 Dec 15 400 60 : 1 PTT01P1602A PTT 29 Feb 16 5 Mar 16 400 58 : 1 PTT06C1601A PTT 29 Jan 16 5 Feb 16 198.136 94.33962 : 1 PTT06P1601A PTT 29 Jan 16 5 Feb 16 362.743 49.28536 : 1 PTT08C1508A PTT 28 Aug 15 4 Sep 15 370 43.76072 : 1 PTT08C1602A PTT 26 Feb 16 4 Mar 16 350 50 : 1 PTT08P1508A PTT 28 Aug 15 4 Sep 15 250 15.88384 : 1 PTT08P1602A PTT 26 Feb 16 4 Mar 16 290 30 : 1 PTT11C1512A PTT 24 Dec 15 31 Dec 15 330 65 : 1 PTT11P1509A PTT 15 Sep 15 22 Sep 15 380 51 : 1 PTT13C1509A PTT 17 Sep 15 24 Sep 15 370 58 : 1 PTT13C1512A PTT 15 Dec 15 22 Dec 15 338 54 : 1 PTT13P1509A PTT 8 Sep 15 15 Sep 15 315 33 : 1 PTT16C1601A PTT 29 Jan 16 5 Feb 16 315 80 : 1 PTT18C1509A PTT 28 Sep 15 3 Oct 15 330 100 : 1 PTT23C1510A PTT 15 Oct 15 22 Oct 15 357.814 59.13661 : 1 PTT23C1603A PTT 24 Mar 16 31 Mar 16 256.786 77.51938 : 1 PTT23P1601A PTT 18 Jan 16 23 Jan 16 286 30 : 1 PTT27C1602A PTT 18 Feb 16 26 Feb 16 365 60 : 1 PTT27P1511A PTT 23 Nov 15 28 Nov 15 360 40 : 1 PTT28C1510A PTT 1 Oct 15 8 Oct 15 370 56.5 : 1 PTT28C1601A PTT 4 Jan 16 9 Jan 16 338 58 : 1 PTT28C1607A PTT 4 Jul 16 9 Jul 16 380 110 : 1 PTT28P1511A PTT 2 Nov 15 7 Nov 15 350 55 : 1 PTT42C1603A PTT 29 Mar 16 5 Apr 16 340 64 : 1 PTT42P1509A PTT 29 Sep 15 6 Oct 15 364.714 39.43218 : 1

PTTE01C1508A PTTEP 31 Aug 15 5 Sep 15 94.945 39.55696 : 1 PTTE01C1512A PTTEP 23 Dec 15 30 Dec 15 92.967 39.55696 : 1 PTTE01P1508A PTTEP 31 Aug 15 5 Sep 15 140.44 25.71355 : 1

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Market Daily - 17

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

PTTE01P1512A PTTEP 23 Dec 15 30 Dec 15 126.593 27.69316 : 1 PTTE06C1511A PTTEP 30 Nov 15 5 Dec 15 117.185 48.80429 : 1 PTTE06P1602A PTTEP 26 Feb 16 4 Mar 16 117.185 24.41406 : 1 PTTE08C1512A PTTEP 25 Dec 15 5 Jan 16 118.681 24.23077 : 1 PTTE11C1509A PTTEP 30 Sep 15 7 Oct 15 97.653 34.17905 : 1 PTTE11P1509A PTTEP 30 Sep 15 7 Oct 15 133.516 25.21978 : 1

PTTE13C1510A PTTEP 14 Oct 15 21 Oct 15 118.681 25.71355 : 1 PTTE13C1512A PTTEP 4 Dec 15 15 Dec 15 89.011 14.83459 : 1 PTTE13P1511A PTTEP 5 Nov 15 12 Nov 15 103.846 14.83459 : 1 PTTE16C1509A PTTEP 30 Sep 15 7 Oct 15 131.833 37.09199 : 1 PTTE23C1511A PTTEP 12 Nov 15 19 Nov 15 126.95 34.18803 : 1 PTTE23C1605A PTTEP 11 May 16 18 May 16 132.527 16.8152 : 1 PTTE23P1601A PTTEP 18 Jan 16 23 Jan 16 85.055 14.83459 : 1 PTTE27C1511A PTTEP 16 Nov 15 21 Nov 15 123.626 28.68132 : 1 PTTE28C1512A PTTEP 1 Dec 15 9 Dec 15 113.736 31.64835 : 1 PTTE28C1512B PTTEP 1 Dec 15 9 Dec 15 86 17 : 1 PTTE28P1602A PTTEP 1 Feb 16 6 Feb 16 108.791 23.73626 : 1 PTTE42C1602A PTTEP 23 Feb 16 1 Mar 16 103.846 31.64557 : 1 PTTE42P1602A PTTEP 23 Feb 16 1 Mar 16 118.681 21.75805 : 1 PTTG01C1509A PTTGC 30 Sep 15 7 Oct 15 51 20 : 1 PTTG01C1601A PTTGC 29 Jan 16 5 Feb 16 57 20 : 1 PTTG01P1509A PTTGC 30 Sep 15 7 Oct 15 65 15 : 1 PTTG01P1601A PTTGC 29 Jan 16 5 Feb 16 75 15 : 1 PTTG06C1511A PTTGC 30 Nov 15 5 Dec 15 44.217 24.56399 : 1 PTTG06P1511A PTTGC 30 Nov 15 5 Dec 15 57.974 12.77466 : 1 PTTG08C1512A PTTGC 25 Dec 15 5 Jan 16 72 12.3 : 1 PTTG08P1602A PTTGC 26 Feb 16 4 Mar 16 53 5.7 : 1 PTTG11C1601A PTTGC 29 Jan 16 5 Feb 16 58 17.5 : 1 PTTG11P1601A PTTGC 29 Jan 16 5 Feb 16 73 11.8 : 1 PTTG13C1510A PTTGC 19 Oct 15 27 Oct 15 67 13.8 : 1 PTTG16C1602A PTTGC 26 Feb 16 4 Mar 16 60 18 : 1 PTTG23C1605A PTTGC 18 May 16 26 May 16 45.2 21.62162 : 1 PTTG27C1508A PTTGC 20 Aug 15 27 Aug 15 58.465 14.73913 : 1 PTTG28C1512A PTTGC 1 Dec 15 9 Dec 15 68 18 : 1

QH01C1509A QH 30 Sep 15 7 Oct 15 3.071 1.40764 : 1 QH01C1601A QH 29 Jan 16 5 Feb 16 1.9 1.7 : 1 QH01P1509A QH 30 Sep 15 7 Oct 15 4.01 0.93842 : 1 QH01P1601A QH 29 Jan 16 5 Feb 16 2.8 1.25 : 1 QH11C1601A QH 29 Jan 16 5 Feb 16 2.4 1.4 : 1 QH23C1603A QH 24 Mar 16 31 Mar 16 2.764 1.5356 : 1 QH27C1510A QH 22 Oct 15 30 Oct 15 3.412 1.02374 : 1 QH28C1512A QH 1 Dec 15 9 Dec 15 2.7 1.3 : 1 QH42C1512A QH 22 Dec 15 29 Dec 15 2.6 1.3 : 1

RATC11C1512A RATCH 24 Dec 15 31 Dec 15 54 17 : 1 RATC27C1511A RATCH 16 Nov 15 21 Nov 15 62 15 : 1 ROBI01C1512A ROBINS 23 Dec 15 30 Dec 15 41 20 : 1 ROBI08C1601A ROBINS 29 Jan 16 5 Feb 16 50.5 11.7 : 1 ROBI11C1512A ROBINS 24 Dec 15 31 Dec 15 40 17.5 : 1 ROBI27C1508A ROBINS 20 Aug 15 27 Aug 15 46.15 15.2196 : 1 ROBI27C1606A ROBINS 23 Jun 16 30 Jun 16 43.5 16 : 1 S5001C1508A SET50 31 Aug 15 5 Sep 15 975 0.01176 S5001C1509A SET50 30 Sep 15 7 Oct 15 935 0.01111 S5001C1510A SET50 30 Oct 15 6 Nov 15 925 0.0125 S5001C1511A SET50 30 Nov 15 5 Dec 15 880 0.01176 S5001P1508A SET50 31 Aug 15 5 Sep 15 1100 0.01333 S5001P1509A SET50 30 Sep 15 7 Oct 15 1075 0.01333

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Market Daily - 18

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

S5001P1510A SET50 30 Oct 15 6 Nov 15 1065 0.01429 S5001P1511A SET50 30 Nov 15 5 Dec 15 1000 0.01429 S5006C1512A SET50 25 Dec 15 5 Jan 16 1100 0.008 S5006P1512A SET50 25 Dec 15 5 Jan 16 950 0.008 S5013C1508A SET50 28 Aug 15 4 Sep 15 1030 0.01724 S5013C1508B SET50 28 Aug 15 4 Sep 15 980 0.01724

S5013C1509A SET50 29 Sep 15 6 Oct 15 1025 0.02222 S5013C1509B SET50 29 Sep 15 6 Oct 15 960 0.02 S5013P1508A SET50 28 Aug 15 4 Sep 15 970 0.025 S5013P1509A SET50 29 Sep 15 6 Oct 15 970 0.02326 S5013P1509B SET50 29 Sep 15 6 Oct 15 900 0.02222 S5028C1508A SET50 28 Aug 15 29 Aug 15 950 0.0125 S5028C1509A SET50 29 Sep 15 6 Oct 15 1100 0.0125 S5028C1509B SET50 29 Sep 15 6 Oct 15 1000 0.0125 S5028C1509C SET50 29 Sep 15 6 Oct 15 975 0.01429 S5028C1510A SET50 29 Oct 15 5 Nov 15 900 0.01538 S5028P1508A SET50 28 Aug 15 29 Aug 15 1025 0.01429 S5028P1509A SET50 29 Sep 15 6 Oct 15 1050 0.0125 S5028P1509B SET50 29 Sep 15 6 Oct 15 950 0.0125 S5028P1509C SET50 29 Sep 15 6 Oct 15 900 0.0125

SAMA01C1510A SAMART 30 Oct 15 6 Nov 15 28 20 : 1 SAMA01P1510A SAMART 30 Oct 15 6 Nov 15 38 13 : 1 SAMA06C1603A SAMART 31 Mar 16 8 Apr 16 27 23 : 1 SAMA08C1512A SAMART 25 Dec 15 5 Jan 16 29 13 : 1 SAMA11C1511A SAMART 13 Nov 15 20 Nov 15 27 18 : 1 SAMA13C1510A SAMART 14 Oct 15 21 Oct 15 36 13 : 1 SAMA13C1512A SAMART 16 Dec 15 23 Dec 15 30 14.2 : 1 SAMA13C1601A SAMART 18 Jan 16 23 Jan 16 24.5 5.4 : 1 SAMA18C1512A SAMART 25 Dec 15 5 Jan 16 25 10 : 1 SAMA27C1603A SAMART 17 Mar 16 24 Mar 16 26 17 : 1 SAMA28C1510A SAMART 1 Oct 15 8 Oct 15 34.544 18.75243 : 1 SAMA28C1512A SAMART 1 Dec 15 9 Dec 15 29.5 17 : 1 SAMA28C1601A SAMART 4 Jan 16 9 Jan 16 23 5.8 : 1 SAWA01C1510A SAWAD 30 Oct 15 6 Nov 15 35 20 : 1 SAWA01P1510A SAWAD 30 Oct 15 6 Nov 15 48 13 : 1 SAWA06C1606A SAWAD 30 Jun 16 8 Jul 16 29 21 : 1 SAWA11C1511A SAWAD 13 Nov 15 20 Nov 15 36 17.3 : 1 SAWA13C1510A SAWAD 5 Oct 15 10 Oct 15 45 15 : 1 SAWA18C1512A SAWAD 25 Dec 15 5 Jan 16 38 15 : 1 SAWA23C1605A SAWAD 30 May 16 4 Jun 16 45 31 : 1 SAWA27C1511A SAWAD 16 Nov 15 21 Nov 15 40 17 : 1 SAWA28C1510A SAWAD 1 Oct 15 8 Oct 15 42 18 : 1 SAWA42C1601A SAWAD 26 Jan 16 2 Feb 16 40 17 : 1 SAWA42P1601A SAWAD 26 Jan 16 2 Feb 16 43 9 : 1

SC13C1512A SC 17 Dec 15 24 Dec 15 3.394 1.08784 : 1 SCB01C1508A SCB 31 Aug 15 5 Sep 15 154.093 39.01678 : 1 SCB01C1511A SCB 30 Nov 15 5 Dec 15 140 40 : 1 SCB01P1508A SCB 31 Aug 15 5 Sep 15 204.808 31.21099 : 1 SCB01P1511A SCB 30 Nov 15 5 Dec 15 182 32 : 1 SCB06C1609A SCB 30 Sep 16 7 Oct 16 146.291 48.7567 : 1 SCB06P1510A SCB 30 Oct 15 6 Nov 15 185.302 24.3843 : 1 SCB08C1512A SCB 25 Dec 15 5 Jan 16 180 23 : 1 SCB11C1512A SCB 24 Dec 15 31 Dec 15 145 35 : 1 SCB11P1512A SCB 24 Dec 15 31 Dec 15 180 25 : 1 SCB13C1509A SCB 8 Sep 15 15 Sep 15 190 25 : 1 SCB13C1601A SCB 18 Jan 16 23 Jan 16 160 29.4 : 1

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Market Daily - 19

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

SCB13P1601A SCB 8 Jan 16 15 Jan 16 155 17.5 : 1 SCB16C1602A SCB 26 Feb 16 4 Mar 16 144 40 : 1 SCB28C1510A SCB 1 Oct 15 8 Oct 15 180 33 : 1 SCB28C1601A SCB 4 Jan 16 9 Jan 16 155 30 : 1 SCB28P1602A SCB 1 Feb 16 6 Feb 16 150 22.5 : 1 SCB42C1602A SCB 23 Feb 16 1 Mar 16 150 32 : 1 SCB42P1602A SCB 23 Feb 16 1 Mar 16 170 22 : 1 SCC01C1509A SCC 30 Sep 15 7 Oct 15 456.963 155.521 : 1 SCC01C1601A SCC 29 Jan 16 5 Feb 16 443.534 157.72871 : 1 SCC01P1509A SCC 30 Sep 15 7 Oct 15 573.634 116.82243 : 1 SCC01P1601A SCC 29 Jan 16 5 Feb 16 571.667 118.3432 : 1 SCC06C1511A SCC 30 Nov 15 5 Dec 15 330.569 194.55253 : 1 SCC11C1510A SCC 30 Oct 15 6 Nov 15 466.685 133.19978 : 1 SCC11P1510A SCC 30 Oct 15 6 Nov 15 573.633 95.28159 : 1 SCC13C1510A SCC 19 Oct 15 27 Oct 15 551.954 113.25028 : 1 SCC13P1510A SCC 14 Oct 15 21 Oct 15 473.103 61.61429 : 1 SCC18C1509A SCC 28 Sep 15 3 Oct 15 486.131 155.46249 : 1 SCC23C1604A SCC 21 Apr 16 28 Apr 16 350.014 310.55901 : 1 SCC23P1601A SCC 18 Jan 16 23 Jan 16 427.764 59.13661 : 1 SCC27C1510A SCC 22 Oct 15 30 Oct 15 515.298 106.90154 : 1 SCC28C1510A SCC 1 Oct 15 8 Oct 15 486.13 140.97783 : 1 SCC42C1508A SCC 25 Aug 15 1 Sep 15 427.795 126.42225 : 1

SCCC42C1508A SCCC 25 Aug 15 1 Sep 15 383.973 134.4086 : 1 SCCC42C1607A SCCC 26 Jul 16 2 Aug 16 371.694 62.57822 : 1 SET06C1512A SET 25 Dec 15 5 Jan 16 1550 0.008 SET06P1512A SET 25 Dec 15 5 Jan 16 1550 0.008 SGP13C1512A SGP 4 Dec 15 15 Dec 15 15 5.7 : 1 SGP23C1510A SGP 15 Oct 15 22 Oct 15 8.502 7.86349 : 1 SGP27C1509A SGP 23 Sep 15 30 Sep 15 9.829 6.88034 : 1 SGP28C1509A SGP 1 Sep 15 8 Sep 15 12.8 7.2 : 1 SGP42C1508A SGP 25 Aug 15 1 Sep 15 9.338 6.88042 : 1 SGP42C1607A SGP 26 Jul 16 2 Aug 16 11 7 : 1 SIM13C1606A SIM 24 Jun 16 1 Jul 16 3 1.1 : 1 SIM42C1508A SIM 25 Aug 15 1 Sep 15 3.166 1.38498 : 1 SIM42C1607A SIM 26 Jul 16 2 Aug 16 2.2 1.4 : 1 SIRI01C1511A SIRI 30 Nov 15 5 Dec 15 1.6 0.8 : 1 SIRI01P1511A SIRI 30 Nov 15 5 Dec 15 2.1 0.5 : 1 SIRI06C1606A SIRI 30 Jun 16 8 Jul 16 1.3 0.9 : 1 SIRI08C1602A SIRI 26 Feb 16 4 Mar 16 2 0.46 : 1 SIRI08P1602A SIRI 26 Feb 16 4 Mar 16 1.5 0.29 : 1 SIRI23C1511A SIRI 12 Nov 15 19 Nov 15 2.088 1.12872 : 1 SIRI27C1603A SIRI 17 Mar 16 24 Mar 16 1.9 0.6 : 1 SIRI28C1509A SIRI 1 Sep 15 8 Sep 15 2.163 1.25099 : 1 SIRI28C1509B SIRI 1 Sep 15 8 Sep 15 2.163 0.94059 : 1 SIRI28C1512A SIRI 1 Dec 15 9 Dec 15 1.7 0.9 : 1 SIRI42C1512A SIRI 22 Dec 15 29 Dec 15 1.8 0.7 : 1

SPAL01C1512A SPALI 23 Dec 15 30 Dec 15 17 8 : 1 SPAL01P1512A SPALI 23 Dec 15 30 Dec 15 22 5.5 : 1 SPAL06C1603A SPALI 31 Mar 16 8 Apr 16 18 9 : 1 SPAL08C1508A SPALI 28 Aug 15 4 Sep 15 25.2 3.83506 : 1 SPAL08C1602A SPALI 26 Feb 16 4 Mar 16 22 4 : 1 SPAL08P1602A SPALI 26 Feb 16 4 Mar 16 16 3 : 1 SPAL11C1508A SPALI 31 Aug 15 5 Sep 15 21.386 6.6103 : 1 SPAL11C1602A SPALI 26 Feb 16 4 Mar 16 16.5 7 : 1 SPAL16C1511A SPALI 16 Nov 15 21 Nov 15 20.414 19.4439 : 1 SPAL28C1510A SPALI 1 Oct 15 8 Oct 15 20 7 : 1

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Market Daily - 20

Derivative Warrants Stock Underlying Last Trading Date Expiration

Date Exercise

Price Exercise Ratio

SPAL42C1601A SPALI 26 Jan 16 2 Feb 16 18 7 : 1 SPAL42P1601A SPALI 26 Jan 16 2 Feb 16 20 4 : 1 SPCG01C1511A SPCG 30 Nov 15 5 Dec 15 22 20 : 1 SPCG01P1511A SPCG 30 Nov 15 5 Dec 15 32 14.5 : 1 SPCG08C1508A SPCG 28 Aug 15 4 Sep 15 29.3 13.69647 : 1 SPCG11C1511A SPCG 30 Nov 15 5 Dec 15 25 17.1 : 1 SPCG27C1508A SPCG 20 Aug 15 27 Aug 15 27.55 14.26696 : 1 SPCG42C1512A SPCG 22 Dec 15 29 Dec 15 27 16 : 1 SRIC13C1512A SRICHA 23 Dec 15 30 Dec 15 36.159 12.55966 : 1 SRIC42C1602A SRICHA 23 Feb 16 1 Mar 16 23.789 19.0295 : 1 STA06C1602A STA 26 Feb 16 4 Mar 16 9.683 9.68242 : 1 STA13C1601A STA 13 Jan 16 20 Jan 16 15 5.5 : 1 STA13C1606A STA 24 Jun 16 1 Jul 16 18 5.85 : 1 STA27C1508A STA 20 Aug 15 27 Aug 15 12.781 6.29365 : 1 STA27C1606A STA 23 Jun 16 30 Jun 16 15 6.5 : 1 STA42C1508A STA 25 Aug 15 1 Sep 15 12.297 6.48761 : 1 STA42C1607A STA 26 Jul 16 2 Aug 16 13 7 : 1

STEC01C1510A STEC 30 Oct 15 6 Nov 15 19.2 8 : 1 STEC01P1510A STEC 30 Oct 15 6 Nov 15 24.6 5.5 : 1 STEC06C1605A STEC 31 May 16 7 Jun 16 17 9 : 1 STEC08C1508A STEC 28 Aug 15 4 Sep 15 28.6 4.04339 : 1 STEC11C1508A STEC 31 Aug 15 5 Sep 15 22.632 17.1216 : 1 STEC11C1602A STEC 26 Feb 16 4 Mar 16 21 6.7 : 1 STEC11P1602A STEC 26 Feb 16 4 Mar 16 26 4.8 : 1 STEC13C1510A STEC 14 Oct 15 21 Oct 15 23 5.6 : 1 STEC16C1604A STEC 20 Apr 16 27 Apr 16 21.7 7.6 : 1 STEC23C1510A STEC 15 Oct 15 22 Oct 15 19.483 14.76015 : 1 STEC27C1511A STEC 9 Nov 15 14 Nov 15 23 6.2 : 1 STEC28C1512A STEC 1 Dec 15 9 Dec 15 23.5 7 : 1 STEC42C1508A STEC 25 Aug 15 1 Sep 15 22.14 6.888 : 1 STPI01C1510A STPI 30 Oct 15 6 Nov 15 14.4 8 : 1 STPI01P1510A STPI 30 Oct 15 6 Nov 15 18.5 5.5 : 1 STPI06C1510A STPI 30 Oct 15 6 Nov 15 15.904 8.83548 : 1 STPI06C1608A STPI 31 Aug 16 7 Sep 16 13.5 8.5 : 1 STPI08C1508A STPI 28 Aug 15 4 Sep 15 19.438 3.32687 : 1

Sources: SET, Bualuang research

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Market Daily - 21

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Corporate Governance Report disclaimer

The disclosure of the survey result of the Thai Institute of Directors Association (“IOD”) regarding corporate governance is made pursuant to the policy of the Office of the Securities and Exchange Commission. The survey of the IOD is based on the information of a company listed on the Stock Exchange of Thailand and the Market for Alternative Investment disclosed to the public and able to be accessed by a general public investor. The result, therefore, is from the perspective of a third party. It is not an evaluation of operation and is not based on inside information. The survey result is as of the date appearing in the Corporate Governance Report of Thai Listed Companies. As a result, the survey result may be changed after that date. Bualuang Securities Public Company Limited does not conform nor certify the accuracy of such survey result. BUALUANG RESEARCH – RECOMMENDATION FRAMEWORK STOCK RECOMMENDATIONS BUY: Expected positive total returns of 15% or more over the next 12 months. HOLD: Expected total returns of between -15% and +15% over the next 12 months. SELL: Expected negative total returns of 15% or more over the next 12 months. TRADING BUY: Expected positive total returns of 15% or more over the next 3 months.

SECTOR RECOMMENDATIONS OVERWEIGHT: The industry, as defined by the analyst's coverage universe, is expected to outperform the relevant primary market index over the next 12 months. NEUTRAL: The industry, as defined by the analyst's coverage universe, is expected to perform in line with the relevant primary market index over the next 12 months. UNDERWEIGHT: The industry, as defined by the analyst's coverage universe, is expected to underperform the relevant primary market index over the next 12 months.

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