of pilling work and grounding system. The project has the scheduled COD by December 2019. B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis KEY FINANCIAL HIGHLIGHT Sales and

amount of THB 3.55 million (2 installments). The remaining amount to be paid upon the Agreement is THB 5.33 million. Currently, hydraulic platform construction work has progressed to around 50 percent. 4

work system, personnel and risk management to act as an identity provider and source of data in the digital format for their business partners. Major guidelines on these practices under the National

million and THB 500 million respectively. The increase is mainly due to the adjustment of one off provision for severance pay according to new announcement of Labour Protection Act in April 2019 by

additional provision of THB 20 Million due to increase in the benefit of employees who have past service of 20 years or more from 300 days to 400 days according to the announcement of Labour Protection Act

20 years to the draft of Labour Protection Act.. - Administrative expenses in the year 2018 increased by Baht 8.07 million, or 15%, from the last year. 1.3 Others income - Total other income amounted

the draft of Labour Protection Act.. - Administrative expenses in the year 2018 increased by Baht 8.07 million, or 15%, from the last year. 1.3 Others income - Total other income amounted to Baht 39.21

Discussion and Analysis of quarter 1 /2020 2 | p a g e  Last year, the Company was affected by the amendment to the labour protection act. As a result, the products cost increased from the provision of Baht

continuity of our electricity and utilities supply system such as implementation of Business Continuity Plan (BCP) and Work from home arrangement for supporting staff and preparation of safe house for field

%. The major expenses were (1) Personnel expenses of THB 136 million, an increase of THB 1 million or 0.7%, mainly due to a decrease in number of employees under the employment of ICUK of THB 6 million