responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. Notification of the Securities and Exchange Commission No. KorDor 29/2540 Re: Rules, Conditions and

. The SEC, Thailand cannot undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. Notification of the Securities and Exchange

Page 1 of 2 No. ACC6102/003 February 27, 2018 Subject: Explanation of Financial Performance for the year 2017 ended December 31, 2017 To: President, The Stock Exchange of Thailand According to the

Non-controlling Interests 27.73 30.31 (2.58) (8.5) Profit Attributable to Owner of the Company before exchange rate 1,160.79 1,125.44 35.35 3.1 Gain (loss) on exchange rate (344.10) 233.00 (577.10

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis

:- Derivative financial instruments are used to manage exposure to foreign exchange and interest rate risks, which are recognized initially at fair value. Subsequent to initial recognition, they are remeasured at

damages associated with power plant construction that it has been in the process of filing a claim against a contractor, and a foreign exchange loss from importing machinery from overseas. 4. Financial

(loss) of associates 104 51 -51.0% 53 30 20 -62.3% -33.3% Gain (Loss) on exchange rate 0 (15) n/a 94 11 (26) n/a n/a B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST

Exchange Act B.E. 2535 (1992) as amended by the Securities and Exchange Act (No. 4) B.E. 2551 (2008), Section 103(9) and (10), and Section 109 of the Securities and Exchange Act B.E. 2535 (1992) which

and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai