Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of

the Civil Aviation Authority of Thailand. This certificate demonstrates that the Company’s operational management and control systems are in high standards 5and being recognized internationally. 3. The

” means a prospectus which is identical to a draft prospectus filed with the Office; (12) “market maker” means a person appointed by a mutual fund management company to perform duty in managing the trading

identical to a draft prospectus filed with the Office; (12) “market maker” means a person appointed by a mutual fund management company to perform duty in managing the trading price of investment units of an

Shares of S-TREK not limited to the share purchase agreement and the shareholders’ agreement of S-TREK 3. Execution, alteration, amendment, contact regarding the documents concerning requests of approval

Directors, the former agreement has to be re-negotiated. Therefore, from the aforementioned changes to the conditions of the Investment in Ordinary Shares of S-TREK, the Meeting of the Board of Directors of

PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that

(Translation) NEP-AC 002/2560 9 November 2017 Subject : Management Discussion and Analysis for 3rd Quarter ended 30 September 2017 To : The President The Stock Exchange of Thailand Operating Result

(Translation) NEP-AC 003/2561 8 November 2018 Subject : Management Discussion and Analysis for 3rd Quarter ended 30 September 2018 To : The President The Stock Exchange of Thailand Operating Result