23_MDA Q3_2563 EN -Translation- No. ECF2 038/2020 16 November 2020 Subject: Management Discussion and Analysis of the 3rd quarter and 9-month period ended 30 September 2020 To President The Stock
securities of Glow Energy Public Company Limited, and the scheduling of Extraordinary General Meeting of Shareholders No. 1/2018 Attention: President Stock Exchange of Thailand Enclosure: Information
| Stock in SET100 | Offering Date - 04/10/2019 - 17/03/2020
Derivative Warrants | SCC19C2003B | DERIVATIVE CALL WARRANTS ON THE SIAM CEMENT PUBLIC COMPANY LIMITED ISSUED BY YUANTA SECURITIES (THAILAND) COMPANY LIMITED LAST TRADING IN MARCH 2020 # B | Stock in
| Stock in SET50 | Offering Date - 11/10/2019 - 03/04/2020
Derivative Warrants | HMPR41C2003A | DERIVATIVE CALL WARRANTS ON HOME PRODUCT CENTER PUBLIC COMPANY LIMITED ISSUED BY JPMORGAN SECURITIES (THAILAND) LIMITED LAST TRADING IN MARCH 2020 # A | Stock in
| Stock in SET50 | Offering Date - 16/10/2019 - 02/03/2020
Derivative Warrants | BJC24C2003A | DERIVATIVE CALL WARRANTS ON BERLI JUCKER PUBLIC COMPANY LIMITED ISSUED BY FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED LAST TRADING IN MARCH 2020 # A | Stock
Derivative Warrants | SCC28C2003A | DERIVATIVE CALL WARRANTS ON THE SIAM CEMENT PUBLIC COMPANY LIMITED ISSUED BY MACQUARIE SECURITIES (THAILAND) LIMITED LAST TRADING IN MARCH 2020 # A | Stock in
Derivative Warrants | KBAN16C2005A | DERIVATIVE CALL WARRANTS ON KASIKORNBANK PUBLIC COMPANY LIMITED ISSUED BY THANACHART SECURITIES PUBLIC COMPANY LIMITED LAST TRADING IN MAY 2020 # A | Stock in