82,193 Retain earnings (deficit) Appropriated Legal reserve 25,800 25,800 25,800 25,800 Unappropriated -278,857 -207,626 -159,101 -98,146 Other components of shareholder’s equity -182,639 -187,239 -175,066

COVID-19 pandemic, we have adopted measures to ensure stability and continuity of our electricity and utilities supply system. In terms of business expansion, GPSC focuses on expansion of investment in

company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

future business expansion outside Philippines shall be subject to any discussion between the Company and Kinpo Group based on the circumstance that either the Company or Kinpo Group is more appropriate to

/or use in the business expansion. Category of Securities : All types of debentures including sub-ordinated debentures, not sub- ordinated debentures, amortizing debentures, bullet debentures, secured

which can accommodate the Company's business expansion. The proceeds received from the offering of newly issued shares can be used for business expansion, secure the construction projects and investments

retained earnings allocation for the Company’s performance in 2018 , ended December 31, 2018 Agenda 6 To consider and elect the directors who retire from their tenure. Agenda 7 To approve the fixing of the

payment and retained earnings allocation for the Company’s performance in 2018 , ended December 31, 2018 Agenda 6 To consider and elect the directors who retire from their tenure. Agenda 7 To approve the