Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

Limited Management’s Discussion and Analysis (MD&A) Page 2 of 13 Major Events in 2Q18 Announced new malls in 2019: “Central Village”, a new shopping platform, and “CentralPlaza Ayutthaya” Announcement of

payable days slightly increased from 65 days to 72 days due to higher vendor financing following network expansion. Credit term and collection period The normal credit term granted by the Company ranges

9,000 6,110 2,934 5,189 2028 9,500 5,130 2,934 5,189 2029 2,934 5,189 2030 3,000 2,934 5,189 2031 3,000 2032 2033 3,000 * Including bridge loan for financing TTTBB’s deal. Credit Rating Fitch National

Call for and Deposit of Margins for Derivatives Trading in Derivatives Exchange (No. 2)

Re: Initial and Maintenance Margin Requirements for Derivatives Trading in Derivatives Exchange

Initial and Maintenance Margin Requirements for Derivatives Trading in Derivatives Exchange

& 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

companies, such as submission of securities trading order, clearing and settlement and delivery of securities and assets, sale and redemption of investment units, and NAV calculation. 3.2 Risk Assessment

business continuity and Market Intermediary Business Continuity and Recovery Planning document http://www.iosco.org/ 2 companies, such as submission of securities trading order, clearing and settlement and