(Translation) Page 1 of 2 No. CBG 053/2017 14 November 2017 Re: Board resolution and change of overseas subsidiaries’ capital structure To Managing Director Stock Exchange of Thailand Reference is

) Profit before FX per share (Baht) 5.25 4.35 0.90 Leverage Ratio and Liquidity Ratio Quarter 2 Quarter 1 Change Increase/(Decrease) 2019 2019 Debt to equity ratio (Time) - Consolidated 1.03 1.11 (0.08

: Million Baht) Consolidated Financial Statements 2Q'20 2Q'19 % YTD 2020 YTD 2019 % Change Change Total Revenue 403.9 475.1 -15.0% 834.2 934.5 -10.7% - Utilities Business 390.2 473.6 -17.6% 813.6 931.6 -12.7

Analysis (MD&A) 3 Q2/2020 Operating Results Overall operating results of the Company and its subsidiaries (unit: THB million) Q2/19 Q1/20 Q2/20 change +/(-) 6M/19 6M/20 Change +/(-) YoYYoY QoQ Operating

equities attributable to owner 5,900 6,786 15.0% 17,003 Net-int debt to equity 4.1 3.7 1.6 Net debt to EBITDA 6.3 5.6 4.5 Change in capital structure  Total assets increased 6.1% from Baht 76,047 million as

Baht 115.3 million. 7. Deferred tax liabilities increased Baht 8.4 million. Total shareholder’s equity As of 31 December 2019, the company and its subsidiaries have the total shareholder’s equity valued

OPERATION (Unit : Million Baht) Consolidated Financial Statements 2019 2018 % Change Total Revenue 1,857.2 1,708.3 8.7% - Utilities Business 1,847.1 1,705.1 8.3% - Operating Revenue1 1,734.3 1,679.7 3.3

increased Baht 51.5 million. Total shareholder’s equity As of 30 June 2017, the company and its subsidiaries have the total shareholder’s equity valued Baht 8,423.7 million, as compared to the 2016, Baht

Financial Statement, in which the equity method is applied Changes Separate Financial Statement Changes (Financial Statement, in which the equity method is applied) (separate financial statement) (Unit

the equity method is applied Changes Separate Financial Statement Changes (Financial Statement, in which the equity method is applied) (separate financial statement) (Unit: Million Baht) 31-Dec-17 31