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

. Consolidated financial statements Quarter 1 Quarter 1 Change (Unit: THB Mn) 2023 2024 Amount % Sales of goods and services 1,638.2 1,366.5 (271.7) (16.6%) Revenue from finance lease under power purchase 102.4

kiosk usage and money trafer service which has continuously growth. 3) Advertising income was Bt12mn, decreased 7.7% YoY, due to purchasing power of consumers was not recovered to normal. As a result, the

power of those consumers relying on agricultural income have been affected by the drought and low commodity prices. However, the impact on private consumption is expected to be eased to some extent by

of foreign tourists continued to increase due to the relaxing of outbreak control measures and international travel restrictions. As the result, the commerce and service sectors recovered and the

meeting, and has voting rights, excluded the vote of shareholders who has conflict of interest. Furthermore, there is a resolution passed to confer the power regarding (1) the determination, and alteration

_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No. OCMSET/1808/001 (translation

74.1 (9.4) 46.1 51.2 (5.1) 18.6 22.9 (4.3) 2.Media and Agency 4.3 19.6 (15.3) 1.2 17.9 (16.7) 3.1 1.7 1.4 3.Commerce and others 0.8 2.7 (1.9) 0.9 2.6 (1.7) (0.1) 0.1 (0.2) Total 69.8 96.4 (26.6) 48.2

% 4,669.2 4,458.3 (4.5%) Revenue from finance lease under a Power Purchase Agreement 105.2 106.3 102.8 (3.3%) (2.3%) 312.1 314.0 0.6% Cost of sales and services (1,168.7) (1,168.5) (1,272.2) 8.9% 8.9

the duty of a director, a manager or a person with power of management, or an advisor: (1) being or having been a bankrupt; (2) having been imprisoned by the judgement of a court which is final for an