– Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Q1’19 Q4’19 Q1’20 change change Btmn Btmn Btmn y-on-y q-on-q Electricity sales Sales to EGAT

cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

Thailand which are the main source of revenue. Altogether, the amount of electricity sold increased both QoQ and YoY, from the commencement of commercial operations of the Thailand based wind power plant

detail, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5145-8 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1. Significant

cycle cogeneration power that commenced COD on October 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as

information for any purpose. For further detail, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5150-2 or Email: ir@egco.com mailto:ir@egco.com

any purpose. For further detail, please contact Investor Relations Division of the Electricity Generating Public Company Limited (EGCO) at Tel: 662-998-5150-3 or Email: ir@egco.com Page 2 Management

training content may be insufficient or not fully aligned with the roles and responsibilities of IA, who need to perform in-depth analyses, such as social and environmental analysis. In this regard, the

responsibilities of the SEC and related authorities: prescribing powers and responsibilities of the Minister of Finance, the SEC Board, the Capital Market Supervisory Board, and the SEC Office. These entities are

Bangkok, August 9, 2012 ? The SEC defines trust as securities issuer under the Securities and Exchange Act of 1992 in order to form clearer scope of duties and responsibilities of trust, trustee and