price; main raw ingredient of the Bangchak Bioethanol (Chachoengsao) Co., Ltd. decreased in the first 9 months of this year, from the lowered percentage of starch in harvested cassava, in tandem with

market for each of the last three financial years. 3. A description of the seasonality of the issuer's main business. 4. A description of the sources and availability of raw materials, including a

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...

on SET. The Company is able NDR (after the transaction is completed) ors, Management and Controlling parties are ii) not be a person who violates any rules, regulations, notifications, orders, board

the last three financial years. 3. A description of the seasonality of the issuer's main business. 4. A description of the sources and availability of raw materials, including a description of whether

Listed Companies concerning the Acquisition and Disposition of Assets B.E.2547 (2004) are as follows. 1. Information disclosed under List (1) of the Notifications on Acquisition or Disposal The details

management” shall refer to the term of “executive” in the Notification of the Securities and Exchange Commission No. KorChor. 5/2552 Re: Definitions used in the SEC’s Notifications Relating to Issuance and

Notification of the Securities and Exchange Commission No. KorChor. 5/2552 Re: Definitions used in the SEC’s Notifications Relating to Issuance and Offering of any Type of Debt Securities dated March 13, 2009. 6

rules, regulations, notifications, orders, board resolutions, listing agreements with the SET, as well as the required SET circulars, where such violation may have a material adverse effect on the rights

relevant laws on securities and exchange or the Securities and Exchange Commission’s regulations; ii) not be a person who violates any rules, regulations, notifications, orders, board resolutions, listing