PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 Executive Summary Executive Summary For 2018, Global Power Synergy Public Company Limited (GPSC

Corporation Public Company Limited (BCP), PTT Public Company Limited (PTT), and Thai Oil Public Company Limited (TOP).Furthermore, Thai listed companies in aggregate are the leader in the overall average

Thai listed companies, namely Bangchak Corporation Public Company Limited (BCP), PTT Exploration and Production Public Company Limited (PTTEP), PTT Public Company Limited and Thai Oil Public Company

Malaysia, and one company from Indonesia; (3) The Country Top 3 PLCs Award is given to listed companies with Top three highest score. For Thailand, the top three companies in alphabetical order are PTT

10.59% QoQ resulting from improving in production capability, efficiency and fuel management. • Cost to revenue from sale of industrial equipment ratio in Q1-2020 decreased by 13.56% QoQ resulting from

owing the outstanding balance of fuel charge worth 53.62 million baht was capable of debt repayment to the company before the auditor signed off the disclosure of the annual financial statements for the

Disclosure of Information and other acts of Listed Companies. 2) Resolved the transfer of Piperack ownership to PTT Global Chemical Public Company Limited, who is a related person of Vinythai, having its value

that was being applied in 1Q2017. In addition, the government launched the policy to alleviate the domestic palm oil surplus level by asking fuel traders M.7 for collaboration to keep much higher

them cheaper than B7, providing by the Oil Fuel Fund. Natural fatty alcohols market in 1Q2020 moved downward from 1Q2019 affected by the coronavirus (COVID-19) outbreak. Many countries have been imposing

30 September 2021 and 2020 are presented below: Q3-2020 Q2-2021 Q3-2021 9M-2020 9M-2021 Change THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Fuel materials cost 515.9 583.3 643.3 10.3% 24.7