capacity to 3,424 MW by 2025. Growths came from both greenfield and M&A, domestically and internationally. Highlights; - A strategic move to enter Map Ta Phut area by acquiring Glow SPP1 in March 2019

25-year Power Purchase Agreement (PPA) with the tariff of USD 6.5 cent per kWh. The project was able to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved. Move

take good care of customers to help them withstand the economic crisis and move forward to the “New Normal”, while maintaining close control of credit underwriting and risk management. The Bank also set

data or factors used in the calculation methodology. The index calculation shall be updated taking into consideration the appropriateness of the index components. The underlying or factors shall move

Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail

was declined to 25. 85 Baht/ kg. , a decrease of 2.06 Baht/kg. or 7% from FY2018, corresponding to crude palm oil price downward. The average EPPO P2F in 4Q2019 ( the difference between ME EPPO price

acquisition date. And lastly, the Company has evaluated fair value of identifiable assets and liabilities as at the acquisition - Translation - Page 10 of 11 date. Difference between the fair value of net

amounted to THB 418 mn and THB 67 mn respectively. The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition

143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair

statement was Baht 63 million. The Company recorded a current income tax of Baht 414 million and deferred income taxes from temporary difference income of Baht 351 million For deferred tax benefits that are