February 21,2020 Subject: Notification of the disposal of in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited Attention: President Stock Exchange of Thailand Demeter

, 2004 (“Notification on Acquisition and disposal of Assets”). In this regard, the said transaction size is calculated based on total investment amount of the Project, at which the highest result is

operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses

Disposal of Assets B.E. 2547 (2004) dated 29 October 2004 ("Acquisition and Disposal of Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the

) are: (i) Availability Payment (AP) that is paid based on the Availability Rate of the power plant and covers cost of plant construction and other fixed costs such as maintenance costs; and (ii) Energy

Disposal of Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the financial statements in which the equity method is applied of the Company

2017 Bangchak Corporation Plc. Table of Contents 7 9 09 8 Refinery Business 13 Marketing Business 14 Green Power Business 16 Bio-Based Products Business 18 Exploration & Production Business 22 26 24

Assets Notifications") has the highest value of 103.44% based on the net tangible assets value method according to the financial statements in which the equity method is applied of the Company ended 31

 expenses were 10% higher in Q217 than in Q216 due to higher salary expenses. SG&A expenses in Q217 were 3% lower than Q117. Foreign Exchange Rates Each week's sales and purchases are booked based on the

 Q316. SG&A expenses in Q317 were 1% lower than Q217. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average exchange