PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2020 Ended March 31, 2020 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

Notification of the Capital Market Supervisory Board concerning Investment of Funds; “management company” means a securities company that is licensed to undertake securities business in the category of mutual

written policy, scope, or definition of work to be outsourced, with approval, whether on a general or case-by-case basis, of the board of directors or the working group assigned by the board of directors

company and its subsidiaries’ operating result for the 1st quarter ended 31st March 2020 Unit: THB Million Q1/2020 Q4/2019 QoQ Q1/2019 YoY Total Revenue 43,070 50,146 -14% 45,535 -5% Accounting EBITDA

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

. (Additional details can be submitted as attachments) Details of other Certified Public Accountants in the Audit Firm who work on a full-time basis , a total of ............persons Names and Last names CPA

and Last names CPA License No. Position Approval Period 1. 2. 3. Details of other Certified Public Accountants in the Audit Firm who work on a full-time basis, a total of ............persons Names and

a company; “head of department” means a person responsible for the work in the departmental level of a company; “branch manager” means a manager of the branch office or a person responsible for the

work system, personnel and risk management to act as an identity provider and source of data in the digital format for their business partners. Major guidelines on these practices under the National

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s revenues continues to grow primarily from strong rental business performance