the tender offer of CPT Drive and Power Public Company Limited (“CPT”), failed to comply with the regulations as specified by the Capital Market Supervisory Board by assisting or facilitating the group

Miss Krishavan Chuecharoenchai Miss Krishavan was the person who signed to certify the accuracy of the effective filing and executed the power of attorney for the submission of supporting documents

of profit (loss) of associates 173 133 -23.1% 53 29 -45.3% Gain (Loss) on exchange rate (28) (14) -50.0% 94 (14) -114.9% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis

due to the decrease in Base Availability Credit in 2018 compared to that of 2017, as specified in the Power Purchase Agreement. ,.5 The effect of exchange rate of the Company and its subsidiar ies In

on exchange rate in the amount of Baht 75.51 million. 2.1.4 The profit of Ratchaburi Power Company Limited, a joint venture, in a portion of 25 percent, decreased in the amount of Baht 126.49 million

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the

associate and our joint ventures, namely ABPIF, BGYSP and BGSENA. Gain (Loss) on Exchange Rate  We recorded a loss on exchange rate of Baht 28 million for 9M’2017 FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC

-28.9% 29 49 69.0% Gain (Loss) on exchange rate (38) (6) -84.2% (14) 8 -157.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR

104 -10.3% 50 53 6.0% Gain (Loss) on exchange rate -17 0 -100.0% -93 94 -201.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR

, consisting of a share of loss from operation of Baht 7.9 million and gain on foreign exchange translation of Baht 20.1 million 5 Power plant Type of power Category of producer Equity holding (%) Contracted