by Certified Public Accountant as follows: 1. Total revenues were Baht 1,108.92 million, an increase of Baht 691.90 million or 165.92% from the same period of last year. This was due to the following

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and

aircraft engine technology, which can save more fuel. In particular, the impact of the increase in excise tax rates on domestic aviation fuel. Domestic airlines have reduced their fuel reserves on each

well received by our customers, in order to increase new customers and maintain our existing customer base. The Company is still working on plan and can achieve goals The number of “Boonterm Kiosk” in

Company only. Q2/2017 performance when compared to Q2/2016 recorded an increase in total marketing sales volume by 54 million liters (+4%), with an increment from both retail and industrial markets. Retail

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction

Public Company Limited (20 percent). Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 2 1.3 Secur ities Sale Deed to increase investment propor tion in

usage of machineries in the past 5 years during 2015-2019 where it was found that during such period the Company had not fully utilized the production capacity. The Company has produced only the off-peak

while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export

Baht 142.40 million or increased 20%, from Baht 707.22 million in the first half of 2017 to Baht 849.62 million compared with the same period of 2018. The main reasons for the increase were derived from