placement transaction is necessary and reasonable as the Company has a plan to restructure the financial position of the Company by redeeming debentures and loans from financial institutional. Currently, the

position who are able to invest in the Company to support and increase the liquidity of the Company. The offering price of the newly issued ordinary shares to be allocated under the specific objective basis

to consumers with needs for high quality diesel fuel. The company was able to increase its market share and maintain 2nd position in the market consistently. Total marketing margin was at 0.83 THB

equipped with non- oil businesses to increase sales per station. As such, the company was able to maintain its position as the 2nd in the market; with cumulative market share in 2017 (Jan - Aug) at 15.3

Financial Performance Project UpdatesExecutive Summary Unit: THB million 3. Summary of financial position of the company and its subsidiaries Investments Invested in 1H/2017 Share of profit (loss) Decrease

the increase in natural gas prices and Ft rate. Financial position: As of 30 September 2018, the company and its subsidiaries' total assets increased by Baht 4,310 million or 7% from 31 December 2017

position of the company and its subsidiaries 9% 9% 44% 19% 19% 10% 10% 45% 16% 19% +7% YoY 67% 18% 6% 9% 1% 65% 6% 20% 8% +7% YoY 1% 40,374 41,450 689 685 10,815 13,085 4,993 4,994 3,097 3,706 59,968 63,920

16 31 Dec 1731 Dec 17 Summary of financial position of the company and its subsidiaries Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 Liabilities As at 31

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

PowerPoint Presentation SYNERGIZING POWER & UTILITIES FOR THE GLOBAL FUTURE MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2017 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED Management Discussion