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

our new power plants that became commercial operation in recent years, operational cost saving and an increase in Ft in May 2017. Normalized Net Profit (NNP)  NNP increased 19.3% year-on-year from Baht

Revenue2 26.8 1.4 1,883.2% - Power Business 1.4 0.0 N/A Costs of Sales and Services (276.0) (273.0) 1.1% Gross Profit 183.4 149.0 23.1% Gross Profit from Operation3 156.6 147.6 6.1% Other Income4 19.4 16.8

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

living of household rises, which was still with the weak purchasing power. Banks are not lending for fear of affecting the collection, the market is increasingly competitive so affected our customers

living of household rises, which was still with the weak purchasing power. Banks are not lending for fear of affecting the collection, the market is increasingly competitive so affected our customers

% improved from 30.6% in 2017, from increase sales volume and improved production cost which was partly from an innovative cost saving methodology of the recycled treated wastewater. Our first Reclaimed Water

. %Gross Profit Margin Selling and Administrative expenses Business Overview Q1’2020 Performance Due to the COVID-19 outbreak at the beginning of 2020, Thailand have enacted several protective measures

11.77 (587.5) (10.6%) 6,713.8 14.30 (1,785.0) (26.6%) Breakdown of sales revenues by business group Product Group 2017 2016 2015 Revenue % Revenue % Revenue % Power Electronics Group 36,672 74.4 33,481

Seven Utilities and Power Public Co.,Ltd. 73 Mahachol Building, Soi Sukhumvit 62, Sukhumvit Rd., Phrakhanong Tai, Phrakhanong BKK.10260 บมจ. เซเว่น ยูทลิิตีส์้ แอนด์ พาวเวอร์ 73 อาคารมหาชล ซอยสขุมุ