other Siemens gas turbines on next scheduled major over haul: 1. Availability – to increase availability or reduce a number of maintenance days 2. Efficiency – to enhance heat rate of gas turbine as well

) ABP5 improving heat rate after gas turbine upgrade in July 2019 and 3) solar projects in Vietnam which give relatively higher EBITDA margin. Normalized net profit (NNP) • NNP / NNP - owner of the parent

continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and

management from modification and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and improvement of feedstock procurement process including

enhance risk management effectiveness. Board of Directors Risk Management and Control Units Enterprise Risk Management Division Customer and Enterprise Service Fulfillment Division KASIKORN BUSINESS

additional requirement for compliance by the applicant. Chapter 4 Conditions for approval _______________________ Division 1 General provisions _______________________ Clause 22 An approved person under

____________________ Division 1 Application for and Granting of Approval of Financial Advisor ____________________ Clause 46 Any person wishing to become a financial advisor may apply for an approval with the SEC Office

actions taken were as follows: Board of Directors Risk Management and Control Units Enterprise Risk Management Division  Approve risk appetite and all risk management policies and guidelines  Oversee

of the registration statement and draft prospectus as prescribed in Part 3 have been met. Chapter 2 Approval Criteria __________________ Division 1 Offering for Sale of Units of ASEAN Collective

sincerely, Signed (Mr. Prakobkiat Ninnad) President Investor Relations Division, Finance and Accounting Department, Tel 0-2834-8914, Fax 02-834-8931