cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

net profit margin increased from 27% in the second quarter of 2019 to 35% in the second quarter of 2020 because its sales of electricity increased as it recognized RH’s and AVA’s sales of electricity in

year or increased by THB 32 million. The Company’s net profit margin increased from 19% in the third quarter of 2019 to 29% in the third quarter of 2020 because its sales of electricity increased as it

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

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