directors, managements, shareholders of the Company/subsidiari es of the Company /Associated company of the Company Relationship with the Company/subsidiar ies of the Company /Associated company of the

2017 Bangchak Corporation Plc. Table of Contents 7 9 09 8 Refinery Business 13 Marketing Business 14 Green Power Business 16 Bio-Based Products Business 18 Exploration & Production Business 22 26 24

February 21,2020 Subject: Notification of the disposal of in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited Attention: President Stock Exchange of Thailand Demeter

risks associated with the biomass power generation business, e.g. risk relating to the remaining term of the power sale agreements which is rather short, risk relating to the operating results in the

2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23

59.46 million is, then, recognized as the gain on disposal of investment in the project. ▪ An increasing participating profit from investment in associated companies and the joint venture in 2017

Baht 40.29 million which increasing 19.33 percent from the last year since the Company has shared the profit from the commercial starting of the associated company with solar power plant. In addition

profit from investment in associated companies and joint venture in Q2/2017, comparing to the same period last year, comes mainly from the increase in electricity generating to the EGAT’s system of hydro

project investment of Baht 28.81 million is, then, recognized as the gain on disposal of investment in project. ▪ An increasing participating profit from investment in associated companies and joint venture

Shareholders 05/06/2020 08:52 Change of Directors and Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the AGM 2020 of Shareholders (additional