PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2017 Ended September 30, 2017 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

or equivalent to 60 percent of the total shares in Oversea Green Energy Company Limited which invests in the project management service of Iwaki-Fukushima and Ueda Solar Power Projects in Japan to the

from the same quarter of last year (3.0% drop in term of USD) and 10.9% drop from last quarter major impact from customer demand drop in Industrial Tools, Industrial Power Solutions, Telecom Power

% from those of the same period last year due to the strong customer demand outlook in Industrial Tools, Cloud Storage, Data Center and Networking power supplies along with Electric Vehicle Solutions

Limited (SAFE) which is held 33.37 percent of total shares by ECF Power Company Limited (ECF-P) and ECF-P is the subsidiary held 99.99 percent by the Company. At the present, SAFE gains profit from biomass

technology, such as provision that requires business operators to disclosure its financial statements to the public via traditional channel only. Moreover, the current laws do not clearly state the SEC’s

Given the changing economic and business environments, listed companies are increasingly engaged in more diverse and complex transactions; however, the current rules may not cover – or in some cases

damage to Bliss-Tel Public Company Limited (BLISS). The SEC found that Penkae and Tan, then holding position as BLISS investment board members having power to make securities investment decision and

lease under a Power Purchase Agreement 104.5 104.9 106.3 1.3% 1.7% 206.9 211.2 2.1% Cost of sales and services (1,191.7) (1,121.4) (1,168.5) 4.2% (1.9%) (2,466.2) (2,289.9) (7.1%) Gross profit 421.6 350.0

agreements, namely the purchase and sale of electrical, lighting and air conditioning systems and the related installation service agreement. The Company has filed two lawsuits against IT Professional Company