การนำหลักการลงทุนที่รับผิดชอบมาใช้ประกอบการตัดสินใจลงทุน และการมีส่วนร่วมของผู้ถือหุ้น (ownership practice) โดยสามารถแบ่งผู้ร่วมลงนาม (signatories) ออกเป็น 3 กลุ่ม ได้แก่ (1) Asset Owner (2) Investment

recommendations: ? Improving State Owned Enterprises (SOE) governance and making the state a more effective owner? Protecting the independence and effectiveness of the Thai Securities and Exchange Commission (SEC

recommendations:??Improving State Owned Enterprises (SOE) governance and making the state a more effective owner??Protecting the independence and effectiveness of the Thai Securities and Exchange Commission (SEC

2,346 19.3% NNP - Owner of the parent 1,121 1,393 24.3% EBITDA margin (%) 27.4% 27.9% NNP margin (%) 9.5% 9.9% % NNP - Owner of the parent 57.0% 59.4% Remark: * Normalized net profit = Net profit

margin improved to 11.2% in 6M’2018 and 12.2% in Q2’2018, primarily due to improvement of our financing cost.  NNP attributable to owner of the parent is Baht 1,200 million in 6M’2018 or accounted for

interest expense of ABPR4 after its COD achievement in June 2018. • NNP attributable to owner of the parent is Baht 1,622 million in 9M’2018 and Baht 423 million in Q3’2018 or accounted for 61.3% and 56.8

(1,117.11) (36.7) 4,796.69 5,877.35 (1,080.66) (18.4) Gain (Loss) on FX 541.72 (223.68) 765.40 342.2 (81.31) (185.65) 104.34 56.2 Profit to owner of the Company 1,074.16 1,952.31 (878.15) (45.0) 2,434.98

and 3) solar projects in Vietnam which give relatively higher EBITDA margin. Normalized net profit (NNP) • NNP / NNP - owner of the parent increased 20.8% / 17.3% y-on-y in 2019 to Baht 3,658 million

seasonal impacts from the peak in Q4. Normalized net profit (NNP) • NNP decreased 17.2% y-on-y / NNP attributable to owner of the parent decreased 13.5% y-on-y from Baht 830 million in Q1’2018 to Baht 687

!!"#$%&'()*')'#+"#$ ,'* 5 1.2 ')'#+" 6 1.3 &')'./+ (demutualization) 8 2. '45** /!"#$& 2.1 /+' 2.1.1 ' 9 2.1.2 ! ?#!#" 11 2.1.3 *#(#" 12 2.2 SET 13 3. #- /)' / 3.1 ,* SET 15 3.2 &'./+ 16 3.3 * +!C(./+ 3.3.1 .%% ownership