PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

No. 10000/003/2020 11th February 2020 Subject: Acquisition of all shares in Nam San 3A Power Sole Co., Ltd. and Nam San 3B Power Sole Co., Ltd. of BCPG Public Company Limited to invest in hydro power

Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish

and procedures as provided on the website of the SEC Office within 15 days as from the last date of each month having redemption or exercise; (2) the report of the exercising right to purchase

the last date of each month having redemption or exercise; (2) the report of the exercising right to purchase underlying shares of warrants, shall be submitted by using form 81-2 as provided on the

each month having redemption or exercise; (2) the report of the exercising right to purchase underlying shares of warrants, shall be submitted by using form 81-2 as provided on the website of the SEC

financial institution of THB 9 million. Total equity was THB 1,494 million, rose by THB 355 million or 28.9%. This was mainly attributed to an increase in 1) share premium of THB 182 million from the exercise

of the Company exercise the right to subscribe for CAZ shares not fully allocated and / or fractions of shares resulting from the decimal, the CAZ Board of Directors or the underwriter and underwriter

investments on the basis of integrity and prudence, exercise their knowledge and expertise as professional to ensure the full protection of investors’ interest, as well as provide proper and sufficient

basis of integrity and prudence, exercise their knowledge and expertise as professional to ensure the full protection of investors’ interest, as well as provide proper and sufficient information