ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power Corporation (KEPCO), the

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

Energy Services Co.,Ltd. (Paju ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power

dessert store in the region. In 2023, the Company plans to open the 2nd After You dessert shop in Hong Kong. 0.8% 0.9% 1.5% 1.5% 5.8% 10.0% 14.1% 17.8% 20.7% Jan Feb Mar Apr May Jun Jul Aug Sep Proportion

Cafe in Hong Kong. Additionally, the company continued to seek opportunities for growth beyond Hong Kong. The Company plans to sign a franchise contract with partners in the CLMV region to open more

new dessert café, located at Central Phuket, focusing on areas that are tourist attractions and residential areas with high purchasing power and have large number of customers, in order to increase the

groups. And this year, the company plans to open more new branches. Expand retail sales channels by focusing on department stores in the cities in each region. And there has been a makeover of branches

new dessert café, located at Siam Center. The Company continues to focus on expanding branches to areas that are tourist attractions and residential areas with high purchasing power and have a large

2024, the Company began selling its own product “Butter Bun” in 7-Eleven convenience stores across Bangkok, metropolitan area, and the Southern region. The Company plans to increase production capacity

to improved sales growth. Page 5 of 10 Management Discussion & Analysis Q3/2024 Revenue from the wholesale business declined in the dealer segment due to competition from major players in each region