E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained

million baht or 161.15% of the same period of last year. A rise in net profit was from an increase of sales, a higher in gross profit margin and a less in administration expenses and finance cost in this

increase in net interest income which was derived mainly from expansion in retail and SME business loans, in line with growth in net interest margin (NIM). Excluding gain on investments of certain banks in

Exchange of Thailand Enclosure Capital Increase Form (F 53-4) (amended) Following Hydrotek Public Company Limited (the “Company”)’s Board of Directors’ Meeting No. 10/2017 held on October 19, 2017 at 5.00 pm

1 ( Translation ) Ref. NEP146-2017 October 25, 2017 Subject : Resolutions of the Board of Directors approving the capital decrease, the capital increase, the allotment of newly issued ordinary shares

the total revenue from operations. The increase in sales of THB 21.59 million comprised of 2 main segments as follows: 1- Increase in domestic sales of THB 20.83 million. 2- Increase in oversea sales of

4,167.8 11.3% Change Sales and service income Sales and service income (included revenue from finance lease under a Power Purchase Agreement) increase 5.9% QoQ from Baht 1,386.0 million to Baht 1,467.7

revenue from finance lease under a Power Purchase Agreement) increase 1.6% QoQ from Baht 1,814.8 million to Baht 1,843.5 million. The increasing of Baht 28.7 million mainly derived from sales of biomass

MTHB, increased by 885 MTHB comparing to 2016 or 29.1% due to higher sales volumes plus Ethylene and Glycerin price increase. The rise of Ethylene price was caused by turnaround of North East Asia

increased 14.30 million baht or 1.18% comparing to the same period last year, mainly from the rise of labour wages and the cost of automation system improvement. 3. Selling and Administrative Expense