, please contact Investor Relations Division of the Electricity Generating Public Company Limited at Tel: 662-998-5150-3 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1. Power Industry and

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

expansion and spectrum acquisition. FY18 Guidance On 23 January 2018, the company has acquired 80.10% of CSL shares through tender offering, with an aim to strengthen the growth potential in enterprise

on page 6). At the end of Mar-17, the new NBTC Act was approved by the National Legislative Assembly and is expected to be officially published on the Royal Gazette in due course. In addition, AIS has

of industrial water’s sales volume mainly from newly Commercial Operation Date (“COD”) of 2 SPPs (GNLL2 and other SPP), existing customers and new IEs customers. For Power Business, the Company

company" means a securities companies licensed to undertake securities business in the category of mutual fund management; “unit” means an investment unit of mutual fund or trust unit of trust, as the case

right to purchase, or to convert those securities into, shares of such business; (2) “Business” means a company whose shares are listed on the Stock Exchange; (3) “SEC Notification No. KorChor. 53/2545

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A

authorized by the board of directors of the company to take the highest responsibility in managing the company, regardless of the title; (3) “institutional investor” means institutional investor under Section

directors of the company to take the highest responsibility in managing the company, regardless of the title; (3) “institutional investor” means institutional investor under Section 3 of Derivatives Act B.E