Directors The company’s board has a resolution to increase the capital at the ratio of 5 current shares to 2 new shares, to be used for the water sales project and pay the current loan from the financial

with current events, which at the time of writing, none of the Company group’s employees have been found infected with COVID-19. The company group announced measures to prevent and control the spread of

utilized the remaining capacities in some units, in order to reduce the fixed cost to improve cost per unit. However, the Company is considering to provide the tolling service to be suitable for the current

Equipment Other Current Assets Other Non- current Assets Equity Current Liabilities Non-current Liabilities 50% 21% 14% 15% 18% 15% 20% 71% 14% 15% 47% 14% 12% 74% 31 Dec 21 30 June 2231 Dec 21 30 June 22

Equivalents Inventory Other Current Assets Other Non Current Assets PP&E 47,07543,909 3,3033,353 37,34532,143 19,633 22,379 30-Sep-1731-Dec-16 Current Liabilities L/T Debt (included current portion of L/T debt

(Kerosene)/Dubai crack spread in Q1/2018 averaged at 16.05 $/BBL, an increase of 4.76 $/BBL when compared to Q1/2017, which was a result of the current quarter’s colder weather compared to the previous year’s

damage caused by false policies of the former executives of the Company (which the current Board of Directors and executives have filed a complaint against the former executives to SEC, including

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Ex...

Financial Position End of 4Q End of 4Q YoY 2018 2019 (%) Current assets Cash and current investments 3,067 3,055 (0%) Other current assets 12,235 13,324 9% Total current assets 15,301 16,378 7% Non-current

a large amount of cumulative loss in the past 3 years with the current ratio of only 0.12, which is a result of the large amount of current liabilities being due in one year, but also is at high