management in contemplation of enhancing business efficiency to accommodate sustainable growth. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Revenue Major revenue of The Group mainly

of 2019. A summary of the Company’s operating performance in the second quarter of 2020 and 2019 is shown in the following table: 2Q20 1Q20 % Change 2Q19 % Change [Amount in Baht Million] Q-o-Q Y-o-Y

. Profit increased from quarter 2/2019 by Baht 21.76 million or 59.14% mainly due to an increasing of gross profit from business operation amounting to Baht 84.25 million. Overall, the Group’s performance

in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six

baht or 14.0 percent. Performance for Q2/2020 was loss 14.2 million baht compared to Q2/2019 that was loss 6.7 million baht, decreased 7.5 million baht or 111.9 percent. For the six-month period of 2020

financial instruments in the third quarter of 2020 were Baht 601 million, an increase of 64 percent compared to the third quarter of the previous year, due to an improved performance of the Company’s wide

ที่ FPI Ref. FPI.002/2564 8st March 2021 Subject : Management Discussion & Analysis of Performance Results of the year ended 2020 To : Board of Directors and President of The Stock Exchange of

due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis

Energy Development Public Company Limited (the “Company”) would like to provide explanation and analysis regarding financial performance and position for the year ended 31 March 2020 as follows. Financial

March 31, 2020 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For three months ended March 31, 2020 Overall Group Performance Table