placement with the SEC, the registration of capital reduction, capital increase and amendment of the Articles of Association of the Company with the Ministry of Commerce and/or the listing of the Company's

-o n- Ye ar C ha ng e (p er ce nt ) Sources: Office of the National Economic and Social Development Council and Ministry of Commerce Projection by KResearch as of May 5, 2020 2 1.2 Banking Industry and

Ministry of Commerce, shall be authorized to amend or add wordings in compliance with the Registrar’s directions: Articles of Association of the Company Chapter 2 Shares and Shareholders The Existing

related conditions 4.1 The Company will register the increase of registered capital and paid-up capital with the Department of Business Development, Ministry of Commerce. 4.2 The Company will request the

Development, Ministry of Commerce. 4.2 The Company will request the Stock Exchange of Thailand for approval for listing the newly issued ordinary shares on the Stock Exchange of Thailand. 5. Objectives of the

register the increase of registered capital and paid-up capital with the Department of Business Development, Ministry of Commerce. 4.2 The Company will request the Stock Exchange of Thailand for approval for

- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

Commerce. 2. The Company will apply for the approval from the SET to list such newly issued ordinary shares on the SET. 5. Objectives of the capital decrease and increase and the use of proceeds from the

for the registration of the capital decrease and increase of the paid-up capital with the Department of Business Development, the Ministry of Commerce. 2. The Company will apply for the approval from

(Kerosene) and Dubai crack spread (IK/DB) retracted 2.79 $/BBL from its 15.75 $/BBL average of the previous quarter, impacted by the surplus after the Chinese Ministry of Commerce approved the ratification of