measurement in several countries resulting a significant decrease across economic activities which expected a deep economic deceleration throughout the year. During the last period shrinking economy impacted

. The Company recorded interest expense from the MRT Purple Line Project in the second quarter and the six-month period of the year 2020 in the amount of Baht 75 Million and 151 Million, respectively

วันที่ 25 กุมภาพันธ์ 2558 May 13, 2019 Subject: Management’s Explanation and Analysis for the 3 months period ended March 31, 2019 Attention: Director and Manager The Stock Exchange of Thailand LDC

: The President The Stock Exchange of Thailand Takuni Group Public Company Limited (“The Company”) and its subsidiaries (“The Group”) would like to clarify the change in operating result for the period

the same period of the previous year. Gross profit margin for the third quarter of 2019 was increased from 22% to 28%. This is because the project revenue recognition in this year has lower value than

Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in

% 2,460 2,313 6.3% Profit for the period from continuing operations 721 665 8.4% 1,618 1,452 11.4% Profit for the period from discontinued operation, net of tax - 8 -100.0% - 20 -100.0% Profit for the

cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

for the period of 20 years. The purpose of the loan is to use in the construction and development of the 275 megawatts Riau Combined-Cycle Power Plant Project in the Republic of Indonesia, with a 20

project e.g. lower cullet costs, new formulation, lower sugar costs, however, somewhat offset by cost increase from natural gas. *Net Profit = Net Profit attributable to owners of the parent Financial