PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2020 Ended March 31, 2020 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

education strategy in line with Thailand?s Capital Market Development Master Plan and in preparation for the imminent aging society. ?Financial literacy, income generation, smart spending, saving discipline

and derivatives business operators to support the government’s policy above and align with the holiday schedule established for financial institutions and specialized financial institutions.   

emissions through the Low Emission Support Scheme (LESS) and the Thailand Voluntary Emission Reduction Program (T-VER), which are part of Thailand’s initiative to support voluntary emission reduction. The

of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

benefit expenses in accordance to the labour protection act (No.7) in second quarter of 2019, moreover; during lockdown the company implemented a cost saving scheme; where 6 months figure lower by 11

support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic

company’s tax saving in Q2/2016. Meanwhile, electricity profit was increased by recognition of operating performance of SEGSD. Page 13 Other Subsidiaries in Power Generation business: Unit : Million Baht

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