The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 1 Table of Contents Page Executive Summary 5 Secion 1 Request for approval to sell

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

Limited and its subsidiaries (Hereinafter called “The Group”) would like to submit Management’s discussion and analysis for the Quarter 3’ 2019 with the summary as follows: - 1. Nature of operations of the

in the future. Key Performance Highlights Management Discussion and Analysis (MD&A) 2019 Page 2/8 1. Mobile Phone Distribution and its Accessories Jaymart Mobile Company Limited, the Company's core

subsidiaries (Hereinafter called “The Group”) would like to submit Management’s discussion and analysis for the Quarter 2’ 2019 with the summary as follows: - 1. Nature of operations of the Group The Group has

Company Limited and its subsidiaries (Hereinafter called “The Group”) would like to submit Management’s discussion and analysis for the Quarter 2’ 2018 with the summary as follows: - 1. Nature of operations

and its subsidiaries (Hereinafter called “ The Group” ) would like to submit Management’s discussion and analysis for the Quarter 3’ 2018 with the summary as follows: - 1. Nature of operations of the

Summary o ales ervices Incom ollection and ental and ser otal revenue ost of Sales Discussion and 011 Manag Preside The Sto o Jaymart Pu 2017, the res s subsidiaries ny’s auditor. any’s perform f 148.1

revenue from program rights, an increase of THB 231.28 million or 37.21% from the same period of previous year, resulting from the Company has increased distribution channels to export content since the