Inter Company Limited ("S Hotels") (a subsidiary of the Company having 99.99 percent of total issued and fully paid-up shares held by the Company) and/or other subsidiaries in which the Company directly

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

directors to bind the Company or any person authorized by such directors to have the power to negotiate and determine the details, terms and conditions and other procedures for the benefits of the acquisition

engaged in import and export of equipment used for Electrical Power Systems including research and development to futher expand the investment in electrical engineering, electronic products and electrical

Baht 10 each) Type of business : Fully integrated energy business and maintenance of power plants and other related business Shareholding structure : Current shareholding structure of TSEO Name of

185 million ordinary shares with a par value of Baht 10 each) Type of business : Fully integrated energy business and maintenance of power plants and other related business Shareholdin g structure

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2019 Ended March 31, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

tower, design and distribute steel structure according to the drawing, power distribution and heat energy business, construction and tunneling contractor and distribution of industrial products. In the

200%. This is because of the expirations of additional 3 BOI certificates of Rayong Central Utility Plants and Sriracha Power Plant has fully utilized BOI benefits for tax exemption in 2017, causing the

business : Fully integrated energy business and maintenance of power plants and other related business Shareholding structure : Current shareholding structure of TSEO Name of shareholders No. of shares