10 years and a maturity date in 2028, and bear a fixed interest rate of 4.50 percent per annum. Payment under the notes is guaranteed by the Company. The net proceeds from the issue of the new notes

Management’s Discussion and Analysis For the Financial Results of Quarter 2 Year 2017 Ended June 30, 2017 1 ABBREVIATION ADB = Asian Development Bank COD = Commercial Operation Date EBITDA = Earnings

consolidated financial statements of the Company for the latest three-month period ended 31 March 2018. The total value of consideration is Baht 1,456.31 million, which is the total invest value, when deducting

paid basis and the total value of consideration equals to Baht 1,228.31 million, calculated from the reviewed consolidated financial statements of the Company for the latest three-month period ended 31

accordance with B.Grimm Power’s investment plan. These projects have received financial support by way of project financing from leading financial institutions. In additions, B.Grimm Power has maintained its

size from the highest analyzed value, based on the net value of tangible assets, is subjected to 0.66% of net tangible assets of the consolidated financial statements as at 31 December 2018. And when

Baht in Year 2019. 4.2 Payment term According to general trade terms and conditions. - 2 - 5. Transaction Volume 5.1 The above transactions are considered as related transactions in regular business

financial position for the fourth quarter and year ended December 31, 2019 with those of 2018. This report discusses principal changes in the audited consolidated financial statements. Overall market

quarter. 4.1.2 The rent and service of office at the rate 52,200 Baht per quarter. Grand total 700,200 Baht per quarter. 4.2 Payment term Paying monthly rental at 233,400 Baht per month. - 2 - 5. Method use

related corporate tax transaction, the normalized net profit would be approximately THB 97.42 million or a surge of 48% yoy. Page 3 of 4 Statement of Financial Position as of March 31, 2019 The consolidated