AIT (VP-SEC) 027E/2024 7 November 2024 Subject: Management’s Discussion and Analysis of Operating Results for Q3-2024 To: The President of the Stock Exchange of Thailand Summary of Operations Q3-2024

: Summary of operating results for Q1/2019, Ended of March 31, 2019 Unit: Million Baht Power Generation Others Total Change Increase (Decrease) Quarter 1 Quarter 1 Quarter 1 Quarter 1 2019 2018 2019 2018 2019

partially offset by higher sales volume of all main products as a result of stable operation. The share of domestic and export sales has no significant change comparing with the previous year. * Note Please

on investment property. Thus, the details of the Company’s performance are explained as follows: 2016 2017 Change MB % MB % MB % Rental and Service Income 545.2 97.1% 708.0 94.9% 162.8 29.9% Food and

baht or 112.4%. Financial cost increased due to the Company incurred more debentures and loan from financial institution. Summary of Financial Statement of Position 31-Dec-16 31-Dec-17 Change MB % MB

decrease in total revenue 3.4% and can be summarized as following table. Description Total Revenue (MB) Y-O-Y Change Increase/(Decrease) Note 2016 2017 Sales 919.8 882.2 -4.1% The sales volume decreases as

control such as utilities expenses and marketing expenses. Summary of Financial Statement of Positions 31 Dec 2018 31 Mar 2019 Change MB. % MB. % MB. % Cash and cash equivalents 21.4 0.9% 23.4 1.0% 2.0 9.3

and Q2/2018 respectively, An increase in total revenue 20.4% and can be summarized as following. Q-O-Q Change Q2/2017 Q2/2018 Increase/(Decrease) Sales 196.4 240.8 22.6% The sales volume increases as

Ft rate. Plus, GPSC recognized income from the contractor at IRPC-CP Phase 1 in Q3/2017. Q3/2017 Financial and Operating Highlights Executive Summary Executive Summary 1 Operating highlight in Q3/2017

nine-month period ended 30 September 2018 which has been reviewed by auditor are as follows: Table 1: Financial Summary for the three-month of year 2018 and 2017 Unit: Million Baht Q3’2018 Q3’2017