) ABP5 improving heat rate after gas turbine upgrade in July 2019 and 3) solar projects in Vietnam which give relatively higher EBITDA margin. Normalized net profit (NNP) • NNP / NNP - owner of the parent

continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and

management from modification and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and improvement of feedstock procurement process including

from 3.3 percent in 2016 on the back of rising exports and a robust tourism sector, consistent with a stronger recovery in global demand. Headline inflation rose to 0.7 percent, following higher energy

2018 expanded continuously on the back of robust exports and tourism, which is supported by stronger global economic conditions. Exports and tourist arrivals rose by 9.9 percent and 15.4 percent, from

is expected to continue its robust growth underpinned by increasing 4G usage on video content and social media as well as overall improving economic environment. After two years of 4G launch, network

1,748mn and 273mn, respectively. Our robust operating and financial performance are a direct reflection of successful implementation of digitalisation strategy, strategic acquisitions as well as the

returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019

as CentralFestival EastVille and CentralPlaza Westgate. Robust performance of new, renovated, and existing food courts such as food courts at CentralFestival EastVille and CentralFestival Samui drove

Dividend policy • Minimum 70% of net profit Strong mobile data growth continues with improving network perception In 2018 mobile data consumption is expected to continue its robust growth underpinned by