PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4/2018 and FY2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion

1 Translation CEN 015-2020 August 14, 2020 Subject Notification on disposal of investment in subsidiaries (Biomass Power Plants Business) of Ua Withya Public Company Limited To The Manager and

3,331 16% Admin and others 3,908 4,046 3,850 -1.5% -4.8% 7,759 7,896 1.8% Operating profit 9,676 9,064 9,184 -5.1% 1.3% 19,289 18,247 -5.4% Net foreign exchange gain (loss) -157 -42 -335 113% 688% -380

% -3% 28,790 27,153 -5.7% Net foreign exchange gain (loss) -428 -335 -231 -46% -31% -808 -608 -25% Other income (expense) 115 247 62 -46% -75% 786 462 -41% Finance cost 1,414 1,323 1,294 -8.5% -2.2

% -3% 28,790 27,153 -5.7% Net foreign exchange gain (loss) -428 -335 -231 -46% -31% -808 -608 -25% Other income (expense) 115 247 62 -46% -75% 786 462 -41% Finance cost 1,414 1,323 1,294 -8.5% -2.2

% -3% 28,790 27,153 -5.7% Net foreign exchange gain (loss) -428 -335 -231 -46% -31% -808 -608 -25% Other income (expense) 115 247 62 -46% -75% 786 462 -41% Finance cost 1,414 1,323 1,294 -8.5% -2.2

license, and lease liability paid). In summary, net cash increased by Bt8,520mn resulting in an outstanding cash of Bt23,263mn at the end of Mar-24. Net FX gain (loss) in 1Q24 was a loss of Bt-198mn amid

ไม่มีเจตนาที1จะหลีกเลี1ยงเกณฑอ์ตัราส่วนการลงทุน (3) การกาํหนด company limit ไม่เกิน 15% ของ NAV เนื1องจากตลาดตราสารหนีในประเทศ มีขนาดค่อนขา้งเล็ก หาตราสารหนี ที1จะลงทุนไดย้าก และอาจเพิ1มความเสี1ยงของกอง

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 14 Executive Summary CPN’s revenues continues to grow primarily from strong shopping mall performance

company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and