maintenance in Q2/2018. Meanwhile, interest expense was decreased. Page 7 Quezon (Include PEPOI and QMS): Unit : Million Baht Quarter 2 Change Increase (Decrease) 2018 2017 Amount % Electricity revenue 2,651

Quezon (Include PEPOI and QMS): Unit : Million Baht Quarter 3 Change Increase (Decrease) 2018 2017 Amount % Electricity revenue 2,739 2,827 (88) (3%) Other income 4 - 4 100% Total revenues 2,743 2,827 (84

of changes in this report are based on the adjusted accounting policy and reclassification 1 Backlog include only sold units with sales and purchase agreements 2 Calculated from interest-bearing debt

accounting policy and reclassification  1 Backlog include only sold units with sales and purchase agreements Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31

the other hand, those of EGCO, SBPL, NTPC, GPG and Paju ES were increased as follows: EGCO Plus (Include North Pole): Unit : Million Baht Quarter 1 Change Increase (Decrease) 2020 2019 Amount

million or down by 38.25% over the same period last year. The main reasons include: 1. Total revenues were Baht 14,389.88 million, a decrease of Baht 3,175.53 million or down by 18.08%, comprising of the

were increased as follows: EGCO Plus (Include North Pole): Unit : Million Baht Quarter 2 Change Increase (Decrease) 2020 2019 Amount % Electricity revenue - - - - Other income 38 109 (71) (65%) Total

consolidated financial statements for the 3-month period as of March 31, 2019, 1) Calculate the size of transaction 6 months backward which include waiver of rights to purchase the new ordinary shares of Rich

were decreased. EGCO Plus (Include Gen Plus B.V.): Unit : Million Baht Quarter 3 Change Increase (Decrease) 2019 2018 Amount % Electricity revenue - - - - Other income 102 155 (53) (34%) Total revenues

effect May 14, 2018, contain salient points as follows. 1. Definition of digital assets: Digital assets shall include cryptocurrencies (an electronic data unit created for the purpose of being a medium of