IMD World Talent Report Factor 1 : Investment and Development

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THAILAND 2012 2013 2014 2015 2016 Overall Investment & Development Appeal Rank 2016 37 42 24 Readiness 49 of 61 Factor 1 : Investment and Development Total Public Expenditure on Education Percentage of GDP 3.95 % 43 Public Expenditure on Education per Pupil (Secondary) Percentage of GDP per capita 19.69 % 33 Pupil-Teacher Ratio (Primary Education) Ratio of students to teaching staff 16.28 ratio 34 Pupil-Teacher Ratio (Secondary Education) Ratio of students to teaching staff 19.91 ratio 54 Apprenticeships Are sufficiently implemented 5.43 Survey [0..10] 14 Employee Training Is a high priority in companies 6.27 Survey [0..10] 18 Female Labor Force Percentage of total labor force 45.56 % 33 Health Infrastructure Meets the needs of society 6.09 Survey [0..10] 31 Factor 2 : Appeal Cost-of-Living Index Index of a basket of goods & services 82.00 index 42 Attracting and Retaining Talents Is a priority in companies 6.89 Survey [0..10] 29 Worker Motivation Is high 6.34 Survey [0..10] 26 Brain Drain Does not hinder competitiveness in your economy 5.59 Survey [0..10] 25 Quality of Life Is high 6.39 Survey [0..10] 35 Foreign High-Skilled People Are attracted to your country's business environment 5.86 Survey [0..10] 22 Remuneration in Services Professions Gross annual income including supplements such as bonuses 12,901 US$ 46 Remuneration of Management Total base salary plus bonuses and long-term incentives 151,246 US$ 34 Effective Personal Income Tax Rate Percentage of an income equal to GDP per capita 4.33 % 5 Personal Security and Private Property Rights Are adequately protected 7.04 Survey 30 Factor 3 : Readiness Labor Force Growth Percentage change -0.07 % 53 Skilled Labor Is readily available 5.71 Survey [0..10] 35 Finance Skills Are readily available 6.04 Survey [0..10] 40 International Experience Of senior managers is generally significant 6.02 Survey [0..10] 18 Competent Senior Managers Are readily available 5.93 Survey [0..10] 26 Educational System Meets the needs of a competitive economy 4.30 Survey [0..10] 44 Science in Schools Is sufficiently emphasized 4.09 Survey [0..10] 49 University Education Meets the needs of a competitive economy 4.62 Survey [0..10] 47 Management Education Meets the needs of the business community 5.26 Survey [0..10] 45 Language Skills Are meeting the needs of enterprises 3.86 Survey [0..10] 52 Student Mobility Inbound Foreign tertiary-level students per 1000 inhabitants 0.32 number 51 Educational Assessment - PISA PISA survey of 15-year olds 435.50 Value 44 5 Best Ranked Criteria 5 Worst Ranked Criteria 78

IMD World Talent Ranking 2016 1 Switzerland - 100.0 2 Denmark - 90.7 3 Belgium +6 85.8 4 Sweden +7 84.6 5 Netherlands - 82.8 6 Finland - 82.5 7 Norway -3 82.5 8 Austria +11 82.5 9 Luxembourg -6 81.7 10 China Hong Kong +2 81.4 11 Germany -4 80.8 12 Canada -4 79.9 13 New Zealand +5 79.7 14 USA - 79.3 15 Singapore -5 78.8 16 Iceland +1 77.8 17 Australia -4 77.6 18 Ireland -2 77.5 19 Malaysia -4 72.7 20 United Kingdom +1 71.9 21 Israel +1 71.7 22 Portugal +3 70.0 23 Estonia +10 69.6 24 Taiwan -1 69.3 25 Lithuania -1 68.7 26 UAE -6 68.6 27 Qatar +2 68.5 28 France -1 67.8 29 Poland +3 67.2 30 Japan -4 65.5 31 Czech Republic -1 65.0 32 Spain +7 63.3 33 Latvia -5 63.1 34 Italy +8 62.9 35 Slovenia +3 62.3 36 Greece -1 61.5 37 Thailand -3 60.4 38 Korea Rep. -7 59.6 39 Slovak Republic +8 57.5 40 Jordan -3 56.8 41 Russia +4 55.5 42 South Africa +9 54.5 43 China Mainland -3 53.8 44 Indonesia -3 52.8 45 Brazil +12 52.8 46 Turkey - 52.2 47 Chile -4 51.9 48 Kazakhstan -12 51.7 49 Ukraine +6 50.2 50 Hungary +6 50.1 51 Philippines -7 50.0 52 Romania -4 48.7 53 Croatia +5 48.7 54 Colombia -4 48.6 55 Argentina -2 47.7 56 Mexico -7 47.6 57 Bulgaria +4 45.0 58 Mongolia -4 44.5 59 Peru - 43.6 60 India -8 42.8 61 Venezuela -1 38.2 The IMD World Talent Ranking 2016 shows the overall ranking for 61 economies. The economies are ranked from the most to the least competitive, and the change from the previous year s ranking are also shown. The scores are actually indices (0-100) generated for the unique purpose of constructing graphics. 4

Factor 1: Investment and Development 2016 1 Denmark - 96.9 2 Belgium +2 92.6 3 Switzerland -1 91.4 4 Austria -1 90.0 5 Finland - 88.1 6 Sweden +2 86.4 7 Norway -1 83.2 8 Portugal +3 83.0 9 Estonia +7 80.8 10 Lithuania - 79.6 11 Germany -4 78.5 12 Iceland +2 78.2 13 Luxembourg -4 76.3 14 Ukraine +19 75.7 15 Netherlands -3 74.0 16 Malaysia -3 73.5 17 Latvia -2 72.4 18 Poland +12 70.6 19 Japan -2 70.2 20 Slovenia +4 69.9 21 New Zealand -1 69.5 22 Canada -1 68.4 23 Israel -1 67.9 24 France +2 67.8 25 Greece +12 67.6 26 USA -3 67.4 27 China Hong Kong -2 66.5 28 Taiwan -10 66.3 29 Spain +7 65.7 30 Australia -2 65.0 31 Czech Republic - 64.8 32 Ireland +3 63.1 33 Italy +6 61.3 34 Croatia +6 59.9 35 Korea Rep. -3 59.2 36 United Kingdom -9 58.9 37 Hungary +5 58.6 38 Singapore -9 57.6 39 Brazil +6 57.1 40 Slovak Republic +3 56.8 41 Russia -3 56.4 42 Thailand -23 56.2 43 Kazakhstan -9 53.2 44 China Mainland -3 50.7 45 Venezuela +1 49.3 46 Bulgaria +8 47.9 47 South Africa +8 42.0 48 Mongolia -4 41.9 49 Jordan +1 40.8 50 Romania +3 39.6 51 Qatar -3 39.6 52 Indonesia -3 37.4 53 Colombia -1 37.1 54 Turkey +3 36.9 55 Argentina -8 36.7 56 UAE -5 36.3 57 Peru +2 33.9 58 Chile -2 32.6 59 Mexico -1 24.2 60 Philippines - 10.5 61 India - - 5

Factor 2: Appeal 2016 1 Switzerland - 100.0 2 USA - 86.8 3 Luxembourg - 81.2 4 Sweden +9 79.2 5 China Hong Kong +5 78.9 6 Ireland +1 78.8 7 Canada -3 78.1 8 Germany -3 78.1 9 Qatar +8 78.0 10 UAE -2 77.6 11 Denmark -2 76.2 12 Netherlands -1 75.4 13 New Zealand +3 74.7 14 Norway -8 74.0 15 Belgium +5 73.5 16 United Kingdom -4 71.3 17 Austria +5 71.3 18 Australia -4 70.7 19 Singapore -1 70.0 20 Iceland +3 68.5 21 Japan -6 67.4 22 Malaysia -3 65.3 23 Finland -2 65.1 24 Thailand +1 64.9 25 Israel -1 64.2 26 Taiwan - 62.8 27 Chile - 62.6 28 Spain +5 62.2 29 South Africa +5 61.9 30 France - 61.5 31 Indonesia -3 59.9 32 Jordan -3 59.1 33 Mexico +3 57.0 34 Czech Republic -3 57.0 35 Philippines - 56.8 36 Estonia +1 56.7 37 Italy +10 56.6 38 Lithuania +1 56.0 39 Colombia +3 56.0 40 Portugal -2 54.4 41 India -1 53.4 42 Peru +7 53.3 43 Korea Rep. -11 53.2 44 Turkey +2 52.4 45 Latvia -4 50.4 46 Poland +6 50.4 47 Slovenia +7 49.9 48 Brazil - 49.0 49 Slovak Republic +4 48.6 50 Greece - 47.1 51 Argentina +5 43.3 52 Romania -8 43.2 53 Russia +2 42.8 54 China Mainland -9 42.7 55 Kazakhstan -12 42.5 56 Mongolia -5 41.0 57 Bulgaria +3 40.2 58 Croatia - 38.7 59 Ukraine -2 36.7 60 Hungary -1 36.7 61 Venezuela - 27.5 6

Factor 3: Readiness 2016 1 Singapore +1 95.4 2 Switzerland -1 95.1 3 Denmark +3 85.6 4 Netherlands -1 85.5 5 China Hong Kong +3 85.4 6 Australia +3 83.7 7 New Zealand +12 81.5 8 Finland -4 81.0 9 Canada -4 79.6 10 UAE -3 78.4 11 Belgium -1 77.9 12 Ireland +2 77.1 13 Norway -2 76.7 14 Sweden +1 74.8 15 Qatar +12 74.3 16 Luxembourg -4 74.1 17 Iceland +1 73.1 18 Austria +11 72.6 19 Germany -2 72.3 20 United Kingdom - 72.0 21 USA +2 70.2 22 Israel -9 69.5 23 Philippines -1 69.4 24 Poland -3 67.2 25 Malaysia -9 65.9 26 Taiwan -1 65.4 27 India +9 61.6 28 France - 60.6 29 Czech Republic +1 59.7 30 Portugal +3 59.2 31 Estonia +12 57.7 32 Italy +8 57.3 33 Lithuania -7 57.0 34 Jordan +1 57.0 35 Greece -11 56.4 36 China Mainland +1 54.5 37 Russia +1 53.9 38 Turkey +3 53.8 39 Slovenia - 53.8 40 Slovak Republic +5 53.5 41 Latvia -9 53.1 42 Korea Rep. -11 53.0 43 Romania +4 49.9 44 Argentina +4 49.7 45 Spain +1 48.6 46 Mexico +5 48.0 47 Indonesia -5 47.7 48 Chile -4 47.1 49 Thailand +1 46.7 50 South Africa +4 46.2 51 Kazakhstan -17 45.9 52 Japan -3 45.5 53 Hungary - 41.4 54 Colombia -2 39.2 55 Brazil +6 38.8 56 Mongolia +3 37.2 57 Croatia +1 33.9 58 Bulgaria +2 33.4 59 Peru -2 29.9 60 Ukraine -4 24.6 61 Venezuela -6 24.4 7