emphasized development of services in two key dimensions, i.e., 1) Smart People: We focused on employee empowerment to ensure comprehensive solutions, along with establishment of a solution hub to effectively

- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

ในโครงการรวมลงทุนระหวางนายจางและลูกจาง (Employee Joint Investment Program) - การออก Islamic bond (2) ธุรกรรมกลุมท่ีใช Passive Trust ไดแก - การใชทรัสตในการออกและเสนอขายหุนใหกรรมการและพนักงาน

Months 6 Months yoy % Inc. (Dec.) % Inc. (Dec.) 2020 2019 % Inc. (Dec.) Other operating expenses 622 681 (8.7) 707 (12.0) 1,303 1,587 (17.9) Employee expenses 358 391 (8.4) 407 (12.0) 749 871 (14.0

September, 2018 and 2019. The Company has totaled other operating expenses consisting of (1) Employee expenses ( 2) Director’ s remuneration ( 3) Premises and equipment expenses ( 4) Tax and duties ( 5

amounting to THB 91 million, which are consist of accrued payable for labor regulation amendment of the employee’s latest wage rate for an employee who has worked for 20 consecutive years or more, the

- 0% 158,833 2% 47,000 1% 144,125 4% Finance lease liabilities - net 1,271 0% - - - - - - Deferred tax liabilities 17,826 0% 20,909 0% 31,230 1% 20,126 1% Employee benefit obligations 163,856 2% 167,253

0% - - - - - - Deferred tax liabilities 17,826 0% 20,909 0% 31,230 1% 20,126 1% Employee benefit obligations 163,856 2% 167,253 3% 137,981 3% 126,876 4% Other non-current liabilities 130,432 2

employee expenses. Table: Other Operating Expenses (Unit: Million Baht) Items Quarter Variance Quarter Variance For six-month periods Variance 2/2018 1/2018 (%QoQ) 2/2017 (%YoY) 2018 2017 (%YoY) Employees