-2338-3000 Fax: 0-2338-3334 www.nationgroup.com 25 May 2020 Subject : Notification on Resolution of the Board of Directors’ Meeting No. 6/2020, Change of Directors and Directors’ Power, Entering into

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

Code of the Philippines, in referring to power of pre-emptive right, the newly issued shares will be offered to the existing shareholders of KKPH as the consideration from CPPH in proportion to their

17,110,110.28 Defered interest expenses (1,738,338.69) (3,547,660.03) (154,691.88) (688,410.89) Present value of liabilities under financial leases agreement 26,498,032.01 48,403,067.71 6,050,398.99 16,421,699.39

quarter of 2017. The main reasons were as follows:- 2.2.1 The profit of Hongsa Power Company Limited ("HPC"), a joint venture, in a portion of 40 percent increased in the amount of Baht 432.85 million; as

-Tepharak in the present, No. 15/2014 on 13 June 2014. Then, on 24 October 2018, the Company had cancelled land allocation request. Yearly 2019, the Treasury considered that City Plus would be developed to

Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that

income, and the lagging recovery in household purchasing power. Regarding Thai monetary policy, the Bank of Thailand’s policy rate is expected to stay at a low 1.50 percent for the entirety of 2017 through

most recent completed financial years, including name, country of incorporation or residence, proportion of ownership interest and, if different, proportion of voting power held. F. Patents, licenses or

on, and bargaining power of the Company, the Board of Directors were of the view that the facts on the Transaction were subject to change and that the timing of the disclosure was of the essence