finance lease under power purchase agreement 102.3 103.2 102.9 102.0 (0.9) (0.9) 410.4 417.0 (6.6) (1.6) Revenue from construction under a concession arrangement - 68.5 21.2 14.9 (6.3) (29.7) 104.6 - 104.6

ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power Corporation (KEPCO), the

-9.30 -138.48 Change +/(-) Unit : million baht • Revenue of Q 1/2019 is less than of both Q 4/2018 and Q1/2018 because of the followings: o Low purchasing power in domestic market causes our domestic

period of the last year with Baht 2.26 million. This sharing of gain (loss) has come from the investment in energy business i.e. the biomass power plant in the southern of Thailand and the solar power

the last year with loss Baht 1.27 million. This sharing of gain (loss) has come from the investment in energy business i.e. the biomass power plant in the 2 southern of Thailand and the solar power

revenue from the core business in 2Q2020 was Bt666.61mn, decreasing 17.1% YoY, mainly from a decrease of the middle-to-low income population’s purchasing power due to drought and Covid-19 pandemic, as well

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

19,253 19,964 3.7% Net-int debt to equity (times) 1.5 1.6 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis PROGRESS OF PROJECTS UNDER CONSTRUCTION Current Construction Progress

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2018 Ended September 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

purchasing power has still not recovered. This is reflected in the consumer confidence index which remains at very low levels, with consumers remaining concerned over high levels of household debt and their