Samui and will expand the customer society 8. Sources of Funds At first, the Company will allocate the budget by using the lump sum amount from initial public offering (which is needed to be approved from

Company will allocate the budget by using the lump sum amount from initial public offering (which is needed to be approved from the shareholder’s Meeting 2018 in order to changing the objectives using

Management Discussion and Analysis For six-month period ended June 30, 2020 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd., Silom, Bangrak, Bangkok 10500 Thailand Tel: 0

and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture KWh / GWh Kilowatt-hour / Gigawatt-hour MEA

, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture kWh / GWh Kilo / Gigawatt-hour MEA Metropolitan

Regulatory Commission EPC Engineering, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture kWh / GWh

Construction EVN = Electricity of Vietnam FX = Foreign exchange IPO = Initial public offering IU = Industrial user JV = Joint venture KWh = Kilowatt-hour MWh = Megawatt-hour mmBtu = Million Btu (unit of gas

trust assets, provided that the initial trust asset shall be the money received from the initial offering of the units; (8) the date of trust creation. 4 Clause 5 The stipulation concerning the units

, mainly resulting from the proceeds from WHAUP’s listing by initial public offering (IPO), however the Company has repaid the short- term loan, long-term loan and debentures repayment as well as cash

Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of the Newly Issued Shares through Private Placement (PP) of Safari World Public Company Limited 2