Adjusted EBITDA Fatty Alcohols Methyl Ester P a g e | 4 - Management Discussion and Analysis 1Q2020 - Market Overview by Business Methyl Ester (Biodiesel) Exhibit 3: Product and Feedstock Prices Average

(million THB) Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 4 Market Overview by business Methyl Ester (Biodiesel) Exhibit 3: Product and Feedstock Prices Average Price

due to higher sell-out to consumers, compared with competitors in the market.  Contract Manufacturing Business (CMG) domestic sales fell by c.20% as a result of shrinking domestic spending  CMG export

Breakdown Adjusted EBITDA Breakdown Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Market Overview by business Methyl Ester (Biodiesel) Exhibit 3: Product and Feedstock

/2018 vs. 6M/2017 (million THB) Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 4 Market Overview by business Methyl Ester (ME or B100) Exhibit 3: Product and

baht) Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 4 Market Overview by business Methyl Ester (ME or B100) Exhibit 3: Product and Feedstock Prices Average Price

transaction will reduce the financial burden required by the Company to support EP as EP will be able to raise fund itself through the capital market. 2. The business structure will be more solid resulting in

have increased - except for Hadyai. However, ARR for the Maldives market has decreased by 3.5% YoY as a result of the current intensely competitive hotels business in that market mainly due to the

the online top-up service business through Boonterm kiosk as well as expand the business into new businesses by being not only an e-payment service provider in the online top-up market but also the

consolidated Saraburi Quicklime subsidiary (total 9 kilns) the core business is expected to operate on a capacity and market base 50% above Q2 2017. The increased capacity and market base in the core business