agreement. The Board of Directors shall authorize Chief Executive Officer to have power to negotiate, agree and enter into any terms and conditions of such agreement and other related agreements, including

credit limit, debt moratorium measure, to assist for state welfare card holders and to stimulate domestic tourism under “We Travel Together” project; buying power of the consumers have remained stagnant

matters: 1. Approved to dispose of the assets having the total value of not exceeding THB 14,000 million to King Power Mahanakorn Co., Ltd. which is not a connected person of the Company; therefore, it

value at 28,600,000 MYR (equivalent to 220,000,000 THB). The reference exchange rate is 0.13 MYR per THB which is 15 days average exchange rate before the negotiation date between NDR and CRSB which is a

ordinary shares which is value at 28,600,000 MYR (equivalent to 220,000,000 THB). The reference ex average exchange rate before the negotiation date between NDR and CRSB which is a period between August 18

automotive product which lead to increase in the sales volume in this zone. However, the Company’s revenue was affected by the appreciation of exchange rate of 3.4% from an average of 32.06 per 1 Dollar in

the main customers in South America expanded more branches which lead to increase in the sales volume this quarter. In addition, Company’s revenue was affected by the appreciation of exchange rate of 3

by the Executive Committee to have the power to determine the details, amend or take any arrangements necessary for and relating to such matters on behalf of the Company until completion, including but

profit 25.35 44.08 31.23 -12.85 -29.15 5.88 23.20 Profit (Loss) from exchange rate 0.12 1.19 0.54 -0.65 -54.62 0.42 350.00 Other Income 1.26 2.13 2.1 -0.03 -1.41 0.84 66.67 Gain from bargain purchase 33.64

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural