decrease in deferred income tax. • Land, Property and Equipment increased by THB 4 million mainly due to the value of investment in expanding branches is higher than the depreciation expense recognized

Subject Notification of the Board of Directors No.6/2018 Re: Convening the Extraordinary Shareholders’ Meeting No.1/2018; an Acquisition of Assets and Connected Transaction for the Entire Business Transfer

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering

% because in the early of 2023, the Company has purchased land worth 118. 5 million baht to operate of the project of Economic Teak Plantation and Carbon Credit Trading, and spare parts used in maintenance

foreclosed, net 3,133,826 2,937,160 196,666 6.7 Land, premises and equipment, net 3,285,664 3,284,464 1,200 0.0 Right-of-use assets 218,046 229,835 (11,789) (5.1) Other intangible assets, net 1,107,742

administrative expenses recorded THB 1,660 million, an increase of 16% YoY, the increase coincides with the expansion of the business group, mainly attributed to (1) personnel expense (2) land lease which increase

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q3/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 On the 9th October, after

Baht 529.2 million. Rights to service under concession arrangements decreased by Baht 63.2 million from amortization during the period. Right-of-use assets increased by Baht 32.4 million from land lease

receivables, net 238,612,981 227,677,310 10,935,671 4.8 Properties foreclosed, net 2,965,114 3,585,530 (620,416) (17.3) Land, premises and equipment, net 3,082,079 3,038,243 43,836 1.4 Right-of-use assets