Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the quarter ended September 30th, 2019 Management Discussion and Analysis of Business Operation for Q3/2019

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

. (     ) to file a report in accordance with Section 247 of the Securities and Exchange Act B.E. 2535 (including in the case of acquisition through the chain principle) Reference 246007142011-1 1. The business

with AEONTS ACS Capital Corporation Limited (“ACS Capital”) Leasing Business - Shareholders of AEONTS, holding 19.20% of AEONTS’s shares - Subsidiary company of AFS* *AEON Financial Service Co., Ltd

”): Company Business Relationship with AEONTS ACS Capital Corporation Limited (“ACS Capital”) Leasing Business - Shareholders of AEONTS, holding 19.20% of AEONTS’s shares - Subsidiary company of AFS* Note

undertaking derivatives business without license. In combating and suppressing against illegitimate businesses, the SEC also alerts investors in this matter and strongly advises them to check whether the

we have plans to start operation new 3 Hemodialysis centers with totally 36 Hemodialysis machines, which according to the business plan. 5.2 Irving Corporation Limited, distribution a Hemodialysis

principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system; including operate clinical business which dialysis

appropriate with their business. The Company also organized the marketing activities to educate the water quality to target’s group continuously. At the same time, the subsidiaries consist of Irving Corporation