total amount of THB 3,445 mn. Hence, CPN effectively has 67.53% ownership in GLAND as announced to the Stock Exchange of Thailand (SET) on November 5, 2018. For the consolidated financial statements at

Ref. No. IVL 003/02/2019 26 February 2019 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of

integrated tourism complex (“1st Phase Development”). • In February, the Company entered into an Equity Purchase Agreement with conditions precedent to invest in six Outrigger-branded hotels (totaling 859 keys

projects. ABP5 efficiency improvement via LTSA with Siemens ABP5 completed maintenance service under Long Term Service Agreement (LTSA) with Siemens in August. This is the second project implemented after

. Collaboration with strategic partners B.Grimm entered Long Term Service Agreement (LTSA) with Siemens to improve performance of gas turbines. 2 projects completed the upgrades in 2019 while 4 more projects are

March 31, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For three months ended March 31, 2019 Overall Group Performance Table

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

rate from conversion of financial statements, Baht 3.50 million and Baht 0.88 million respectively. Project on hand as ended March 31, 2018 Project on hands as of March 31, 2018 No. of project Contract

size of the Transaction is calculated to be at the highest of 5.43% pursuant to the Comparison of Consideration Paid criteria (calculated from the reviewed consolidated financial statements of the

the W ce on busines condition pre cutive Comm /or managing the newly iss sclosure of In ssets B.E. 254 0.36 percent ighest transac statements e of assets dur this transactio dinary shares e transaction