selling price (Baht/kWh) 3.85 n/a n/a n/a n/a 2.39 2.52 5% Key cost drivers Natural gas consumption 1,078 68 34 (50%) (97%) 14,193 11,577 (18%) (‘000 MMBTU) Average price of natural gas 403 n/a n/a n/a n/a

acquisition of investment during the past 6 months being the purchase of ordinary shares of S43 Property Co., Ltd. on 11 December 2019 with the value of transaction equal to 0.26%. When combined with this

year mainly due production disruptions during 1st Quarter 2019 combined with the negative HRC cash margin for second half of 2019 resulting from large decrease in HRC selling price compared to last year

par value of 10 Baht per share. The purpose of such capital increase is to use as working capital, invest in purchasing land and for the construction of real estate projects. However, the size of the

estate while the cost of infrastructure service decreases. ▪ In 2018, one subsidiary recognized the gain on disposal of investment in Ngam-Ngum 3 project for THB 14.56 million while no such gain in 2019

baht when combined with deposit , according to the audited financial statements for the most recent financial year; (2) a natural person including the spouse, having any of the following characteristics

recent financial year; (b) having direct investment in securities or derivatives in the amount of not less than forty million baht, or not less than eighty million baht when combined with deposit

eighty million baht when combined with deposit, according to the audited financial statements for the most recent financial year; (2) a natural person including the spouse, having any of the following

produces primarily Recycled Polyethylene Terephthalate (rPET) Flake with a combined capacity of 40,000 tonnes/annum. This acquisition is strategically in-line with the IVL’s long-term sustainability

core service revenue and effective cost control 2Q23 provided an EBITDA of Bt23,317mn, improved 4.3% YoY and 3.0% QoQ from core services revenue improvement combined with cost optimization especially in