about energy security in the future. 1 The exchange rate is THB 31.8527 to USD 1 based on the weighted average selling rate announced by the Bank of Thailand on 18 January 2019. Nonetheless, the actual

Exchange rate at Baht 31.6373 per USD 1, which is an average selling rate of Bank of Thailand as of 23 February 2018. Page 3 of 25 Rules on Entering into Material Transactions Deemed as Acquisition or

USD 20 million or equivalent to THB 623.12 million (Weighted-average Interbank Exchange Rate at THB 31.156 per USD as of February 21, 2019) as a short-term loan for a period of not more than 3 months

% 227% Administrative expenses (1,006) (1,599) 59% (281) (367) (664) 81% 137% Gain (losses) on exchange rate (16) 152 (1,067%) 104 312 (65) (121%) (162%) Fair values adjustment of investment property 3

Characteristics of the transaction: Amount: CNY 25,000,000 or Baht 125,937,500 (Exchange rate = 5.0375 Baht / CNY) Duration: Within 5 years upon drawdown Interest rate: 2.05% (2.05 % of five-year duration equals to

(loss) from exchange rate, and deduct interest income from loan to joint ventures and adjusting unrealized gain (loss) from exchange rate as well as non-recurring items. Management’s Discussion and

เงิน 03 - S&P 115 Foreign Exchange Rate 006 - บริษัท ตลาดอนุพันธ (ประเทศไทย) จํากัด (มหาชน) (TFEX) 124 บริษัทเงินทุน 04 - MOODY'S 116 Foreign Exchange Index 008 - ตลาดหลักทรัพย เอ็ม เอ ไอ (MAI) 125

growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial Institutions Policy Committee announce to decrease the policy rate to 1.25% per year that

financial assets in the financial statements for the Q3- 2023. The reason is that the value of Thai Baht has weakened causing the exchange rate at the end of the period was higher than the exchange rate that

once again in 2019. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to minimize