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

4,669.2 (2.0%) Revenue from finance lease under power purchase agreement 109.4 104.5 105.2 0.7% (3.8%) 307.0 312.1 1.7% Cost of sales and services (1,350.7) (1,191.7) (1,168.7) (1.9%) (13.5%) (3,674.1

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

second quarter of 2017. No more of such expense incurred in the current period. (3) Increase in employee and executive expense of THB 14.91 million or 52.37% which consistent with an increase in number of

Cross Society, Centralized cloud data leak prevention project of National Telecommunications Public Company Limited, Construction project to renovate a deteriorated power station Bang Samak Power Station

Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively, and the acquisition of RATCH Cogeneration Company Limited on October 1, 2019.These resulted in the increase in revenue from

increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt-to-equity conversion scheme in