Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

quarter of 2017, RATCH-Australia Corporation Company Limited, a subsidiary, received Business Interruption Claim of Starfish Hill Wind Power Plant in the amount of Baht 36.85 million. In addition, in the 3

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

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

Telephone 02-6543344 Ext.119 http://www.pacedev.com http://www.pacedev.com/ 3 2017 MD&A: PACE Development Corporation PLC. The following is the overall business operations and significant changes during Q2

-6543344 Ext.119 http://www.pacedev.com http://www.pacedev.com/ 3 2017 MD&A: PACE Development Corporation PLC. The following is the overall business operations and significant changes during Q2 2017: In Q2

Acquired Assets 4.1 Eco Energy Group Corporation Co., Ltd. (“Eco”) Business Type : Operate to produce and sell electricity from all renewable energy, construction for renewable energy power plant, and