anticipates that the relevant issues should be resolved and the purchase of GLOW shares should be completed by the first quarter of 2019. • Entering into Share Purchase Agreement to acquire Solar Power Plants

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the

Utilities Plant increased after the main customers resumed normal operation from the scheduled maintenance in Q2/2017 even though Sriracha Power Plant had lower dispatch volume to Electricity Generating

achieved COD in June 2020  Nghe An Wastewater Treatment with capacity of 3,200 cubic meter per day completed in 2Q2020. The full commissioning will be carried out in 3Q2020. 2 2. RESULTS OF OPERATION (Unit

Power Synergy Public Company Limited (GPSC) (“The company”) completed the acquisition of a portion of Glow Energy Public Company Limited (“GLOW”). The Company purchased 1,010,976,033 shares or 69.11% on

Second Quarter of 2017 WHAUP completed our 2Q2017 at record-high result with a Net Income of Baht 700.8 million, 169.4% increase from 2Q2016 and 157.2% increase from 1Q2017. Altogether, 1H2017 Net Income

management especially from the Cogeneration power plants. Although in 2017, the Sriracha Power Plant had lower dispatch volume to Electricity Generating Authority of Thailand (EGAT) compared to 2016 due to the

end of Q1–2018 the project in accordance with the contract had completed for delivery. In addition, the new winning projects had decreased. Other current assets increased by 13.7 MB or representing an

, had paid all of loans to the Company. Inventories decreased by 81.4 MB or decrease of 26.6%. This is because the project in accordance with the contract had completed for delivery in the end of Q2–2018

and Baht 100 million for construction projects. The captioned capital increase is expected to be completed on December 29, 2017. Construction Income In the 3rd quarter of 2017, the company and its