Project with capacity of 7,500 cubic meter per day in WHA Eastern Industrial Estate achieved Commercial Operation Date in 3Q’18. Power Business In 2018, our Share of Profit from Investment in Associates and

: Operating results : 3 months 2020 2019 Increase (Decrease) % Real Estate Revenue 496,928 1,679,837 (1,182,909) (70.42) Gross Profit 140,712 452,876 (312,164) (68.93) Gross profit margin (%) 28.32 26.96 1.36

margin of THB 23.33 million and THB 59.19 million respectively, increased by 718.50% QoQ and 174.20% YoY. However UWC recorded net loss of THB 163.88 million increased by 28.80% from those of same period

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

% from those of the same period last year due to Power & Systems / Fan & Thermal Management business slow down but went up 6.5% from last quarter due to the recovery of power supplies for the automotive

-One coal-fired power plant, which account for 67% of the total Normalized Net Income decrease. In 2Q2020, GHECO-One continued solid operating performance with zero unplanned outage in 2Q2020. However

& Trading Business Group 12 Marketing Business Group 14 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

35% EBITDA 83 96 16% 142 177 25% Net Profit (Loss) for the Company 34 43 26% 49 77 57% Gross Profit Margin (%) 63.9% 64.2% 0.3% 62.4% 64.1% 1.7% EBITDA Margin1 (%) 35.5% 31.8% (3.7%) 32.6% 31.1% (1.5

Profit 223 280 26% 583 756 30% EBITDA 111 148 33% 288 396 38% Net Profit (Loss) for the Company 54 83 54% 131 210 60% Gross Profit Margin (%) 66.0% 65.4% (0.6%) 64.8% 66.1% 1.3% EBITDA Margin1 (%) 32.6

1.10 (33.77) -96.86% Other comprehensive income for the period - - - N/A - - - N/A Total comprehensive income for the period 13.64 (0.83) (14.47) -106.11% 34.87 1.10 (33.77) -96.86% Gross profit margin