Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business

of approval has not ended, the approval of all kinds shall end in concurrent with the period of the latest approval. (3) in case of the personnel under Clause 8(3), the approval shall last as long as

securities clearing house or central securities depository, as the case may be, or its affiliate, unless his/her term or employment has ended for at least two years as of the date of commencement as an

(1) (2) or (4), and such period of approval has not ended, the approval of all kinds shall end in concurrent with the period of the latest approval. (3) in case of the personnel under Clause 8(3), the

loans from related parties. Refer to the previous disclosure, the Separate Financial Statements for the quarter 3/2017 ended 30 September 2017, the Company still had contingent liabilities from purchase

related parties. Refer to the previous disclosure, the Separate Financial Statements for the quarter 3/2017 ended 30 September 2017, the Company still had contingent liabilities from purchase orders of

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2017 Ended September 30, 2017 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

statements for the nine-month period ended on 30 September 2017. 2. To approve the change of overseas subsidiaries’ capital structure namely Carabao Venture Holdings (Luxembourg) Limited (“CVHLUX”) which is a

Statements for the quarter 3/2017 ended 30 September 2017 representing the positive figures in equity in the amount of THB 373 Million, the Company still had contingent liabilities from purchase orders of