anticipates that the relevant issues should be resolved and the purchase of GLOW shares should be completed by the first quarter of 2019. • Entering into Share Purchase Agreement to acquire Solar Power Plants

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2019 Ended September 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

Pipeline Project Phase I (Bang Pa- in-Phichit) of FPT during the second quarter of 2019, resulting in the Group recognizing operating costs of depreciation and interest expenses of the project that started

revenue, respectively. In 4th quarter of year 2019, the Company has media income form a big customer amounting to 27.7 million Baht. In the year 2019, revenue from media and agency service decreased by 8.4

, Chonburi. It is expected to be completed and commenced commercial operations with tenants by the end of the 1st quarter of 2020. Regarding accounting standards that have changed and became effective since

% from the total revenues, decrease of 307.0 million baht, or 25.0% compared on the same period from last year. Because of the big project which launched on quarter 3 of year 2018 including Park Origin

. -Increased revenue from sales of machinery equipment and engineering services realized via deliveries in the 1st and 2nd quarter of 2017. -Decreased financial expenses due to further debt reduction and

expansion since the last quarter of 2016. However, gross profit margin for Q3 2017 was slightly decreased from the same period of 2016, because service cost for engineer and depreciation has been increased. 4

Microsoft Word - Ref FPI.028.2017.doc Ref. FPI.028/2017 9 November 2017 Subject : Management Discussion & Analysis of Performance Results of Quarter 3/2017 To : Board of Directors and President of

expects the Entire Business Transfer Transaction to take place within the first quarter of 2018. 2. Contractual Parties and Relationship with the Company Transferor : Unicorn Enterprise Company Limited