Baht 50 million in Q1’2018 to Baht 53 million in Q2’2018, primarily attributable to profits at our associate and our joint ventures namely BGYSP and BGSENA. Gain (Loss) on Exchange Rate • Recorded Gain

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

reported gain from foreign exchange rate in 2Q17 and 6M17 in the amount of Baht 2.3 million and Baht 3.3 million, respectively, primarily due to foreign exchange hedging. Other income in 2Q17 and 6M17

rate in 3Q17 and 9M17 in the amount of Baht 2.0 million and Baht 5.3 million, respectively, primarily due to foreign exchange hedging. Other income in 3Q17 and 9M17 reported Baht 6.9 million and Baht 9.5

Exchange of Thailand CH. Karnchang Public Company Limited hereby informs the resolutions of the Board of Directors’ Meeting No. 1/2019 which was held on February 28, 2019 as follows: 1. Resolved to approve

documents and evidence to the Office of the Securities and Exchange Commission, secondary market for debt instruments, the credit rating agency, register the debentures with the Thai Bond Market Association

9% from Q2/2017. The increase in the profit is due to the rise in sales price resulted from the increase in Ft rate in Q3/2017. Also, the volume of electricity and steam sold at Rayong Central

debt burden from high-rate interest expenses from such debt. In addition, the Company may use the remaining proceeds as working capital to increase the financial liquidity of the Company’s core business

(27.44) (87.58) Gain on Foreign Exchange Rate – Net 2.30 0.05 4.32 0.10 (2.02) (46.76) Other Revenue 7.35 0.18 6.90 0.17 0.45 6.52 Total Other Revenue 13.54 0.32 42.55 1.02 (29.01) (68.18) Total Revenue

0.20 62.93 4.51 (60.45) (96.06) Gain on Foreign Exchange Rate – Net - - 0.78 0.06 (0.78) (100.00) Other Revenue 1.23 0.10 1.84 0.13 (0.61) (33.15) Total Other Revenue 3.71 0.30 65.55 4.70 (61.84) (94.34