84.20 376.72 (292.52) -347.42% 1,482.63 1,825.67 (343.03) -23.14% SHAREHOLDERS' EQUITY Issued and paid-up share capital 1,316.25 1,316.25 - 0.00% Premium on ordinary shares 264.33 264.33 - 0.00% Surplus

17.18 million baht increased when compared to December 31, 2019 of 1,580.47 million baht due to net profit for business operation of 6.03 million baht due to recognize surplus on asset revaluation of

% SHAREHOLDERS' EQUITY Issued and paid-up share capital 1,316.25 1,316.25 1,316.25 0.00% Premium on ordinary shares 264.33 264.33 264.33 0.00% Surplus - warrants 310.00 310.00 310.00 0.00% Retained earnings

674.07 -50.10% 1,825.67 1,640.86 1,600.54 11.55% SHAREHOLDERS' EQUITY Issued and paid-up share capital 1,316.25 1,316.25 1,316.25 0.00% Premium on ordinary shares 264.33 264.33 264.33 0.00% Surplus

25 4.4 Treasury Operations 29 4.5 Capital Requirements 29 4.6 Credit Ratings 31 5. Operations of Support Groups 33 5.1 Human Resource Management 33 5.2 IT Management 35 1 1. Overview of Operating

stimulus policies worth Baht 464 billion to support domestic spending, the property market and grassroots economy. Meanwhile, tourist arrivals rose by 4.2 percent, softening from 7.3 percent in 2018. A

in cash, property, or stock to all shareholders on the basis of outstanding stock held by them when the merged CCPH’s surplus profits exceeds 100% of its capital stock. Provided that the rate of

% YoY, -22% QoQ) Marketing Business Refinery Business average crude run was 114.02 KBD (+2% YoY, +4% QoQ), the exceptionally high gross refinery margin in April was the support which pushed the refinery

and/or request for financial support from other party. (At the end of September 2019, SAFARI Group’s debenture outstanding balance was Baht 2,868.30 million), and/or 3) Long-term credit facility from a

over the Winter season, and the colder than usual weather condition led to some European refineries postponing their maintenance period from March to Q2/2018. On the other hand, supply-side support came