PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

No. 10000/003/2020 11th February 2020 Subject: Acquisition of all shares in Nam San 3A Power Sole Co., Ltd. and Nam San 3B Power Sole Co., Ltd. of BCPG Public Company Limited to invest in hydro power

Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish

internal audit and regulated by other competent regulators according to the notification of the SEC. The SEC Office has the power to waive the appointment of independent director temporary or permanently

has the power to waive the appointment of independent director temporary or permanently according to paragraph one for such Derivatives broker. However, the SEC Office may set out other requirements for

the power to waive the appointment of independent director temporary or permanently according to paragraph one for such Derivatives broker. However, the SEC Office may set out other requirements for

such shorter period that the issuer has been in operation, including name, country of incorporation or residence, proportion of ownership interest and, if different, proportion of voting power held. 5 F

11.77 (587.5) (10.6%) 6,713.8 14.30 (1,785.0) (26.6%) Breakdown of sales revenues by business group Product Group 2017 2016 2015 Revenue % Revenue % Revenue % Power Electronics Group 36,672 74.4 33,481

increase THB 1.29 million 1.2) Revenue from selling of electricity increase THB 1.52 million or 100% due to in year 2017 Solar Power Project on Rooftop (Solar Rooftop) of Bangpakong Solar Power Co., Ltd

shall have the power to specify the particulars which are material to the agreement. (As amended by Section 6 of the Securities and Exchange Act (No.2) B.E. 2542)