, the Company has adjusted the strategy and new business policy by inversing the focus on the Company’s originally main business, expanding customer groups, and proactively operating new projects which

award confirms that GPSC has been successful in their operation. • Strategy to expand the Power Plant Business together with PTT Group The Strategy to expand the power plant business together with PPT

new trade partners within this quarter in accordance to the company’s strategy for business expansion. Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 13

second quarter of 2019, KBank continued to adhere to our “Customer Centricity” strategy, being attentive to the uncertainties of the domestic and global economy, sustaining our customers’ business and

strategy of expanding business operations in other AEC+3 countries, we aim to become “The Regional Digital Bank” through our three-pronged initiatives as follows: 1) Conventional Track: We remained committed

Board of Directors approved the strategy of operating our business as a Bank of Sustainability under appropriate risk management and good corporate governance, while maintaining a balance in economic

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

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

the natural resource business and coincides with the diversification strategy of the company. Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 5 Important

criteria took into account various aspects, including AI Governance Structure, AI Strategy, AI Ethics Policy, AI Lifecycle Management, Stakeholder Engagement, and AI Capability Building within the