PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2019 Ended March 31, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

equivalent to that held by all persons in the fourth executive position; (3) persons holding the position of manager or equivalent in accounting or finance departments. “registered debt securities” means debt

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2019 Ended September 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

” : This term includes (a) the Issuer’s directors, (b) key executives, and (c) any other such equivalent person as directors, managers or persons holding the four highest positions on the management level

of Foreign Company to Offer for Sale of Newly Issued Debt Securities in Thai Baht dated 22 December 2016; (2) Notification of the Capital Market Supervisory Board No. Tor Jor. 29/2560 Re: Rules for

Performance 3 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | Executive Summary Summary of the Company and its subsidiaries’ operating results for the year ended

, Conditions and Procedures for the Establishment and Management of Infrastructure Funds; “company” means a limited company or a public limited company; 2 “paid-up capital” means the total value of units fully

December 2019 was Baht 37,066.12 million which decreased by Baht 4,782.89 million, or equivalent to 11.43% from amount recorded in 2018. Such change on Capital Structure was due to - The profit from company

- - 2022 - 12,636 - - 2023 7,820 6,400 - - 2024 6,638 - - - 2025 - - - - 2026 7,180 - - - Financial Position (Bt mn/% to total asset) 4Q16 1Q17 Cash & cash equivalent 11,226 4.1% 10,082 3.6% Bank dep. & ST