transaction: 3.1 On the use purpose of warehousing the company’s finished products, Vanachai Woodsmith Company Limited has a warehouse service contract in 2,688 square meters, and the location is at 8/3, Moo 8

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

Employer Contract Date Contract Period Scope of Work working (only the part under the sea) 11. Contract for purchasing and installation of a clear water tank sized 6000 Cubic meters Demarc Trading Co.,Ltd

business operations and which the Company has no plan to develop or use in the future. Moreover, the asset to be sold is land which it is large and requires a great deal of capital in trading and, thus, is

System) resource transaction 1. Contract Date: January 1, 2020 - December 31, 2020 2. Partners of Contract: Connected transaction between subsidiary and related person. User : Cal-Comp Electronics and

contract since Q4/2018. • Small Power Producer (SPP): The gross profit increased by Baht 2,184 million as a result of recognizing gross profit from GLOW’s SPP plants of Baht 2,081 million. As for GPSC’s SPP

1 - Translation – Bor.Chor.Ngor 0078/2018 March 30, 2018 Subject: Connected transaction (renew the property management contract) and the allocation for legal reserve Attn : President The Stock

ended 31 March 2018 and 2017 are as follows; Unit: THB million Q1-2018 Q1-2017 % Change 1. Revenue from sales and contract work 1.2 1.2 2.1% 1.1 Turnkey Total Solutions 1.2 1.2 2.1% 2. Revenue from

the revenue from services and revenue from contract work. The total cost was reported at THB 601.5 million, decreased by THB 93.9 million or 13.5%. The gross profit for the year 2018 was decreased by

transaction 1. The use of the DURO trademark includes sales commission 2% from sales, a normal business support program with an extension of the contract year by year. 2. Technical service fee 1 % from sales, a