. Focusing on the ‘4D’ strategies, namely Diversification, Defensive, Duration and 13 Discipline, we thus launched K Fixed Income Plus Fund (K-FIXEDPLUS), K Global Income Fund (K-GINCOME), K STAR Equity Fund

financial statement as follow: Asset: Investments in associated company declined THB 54 million Shareholder’s equity: Retained Earnings declined THB 38 million None controlling interest declined THB 16

associates and joint ventures accounted for using equity method increased when compared to Q1/2020, as the Company realized a share of loss from OKEA at THB 1,199 million in the previous quarter, due to the

code of conduct with the economic, social and environmental responsibility. BGRIM has recognized and giving importance to anti-corruption by cultivating and advocacy for directors and employees at all

that this transaction is appropriate in light of price and conditions since the value of consideration of KMM is higher than the assessed price. Also, the Company will be recognized the profit in

Q4’2018) primarily due to a record of construction revenue which is recognized based on the percentage of completion of our hydro power projects in Lao PDR, namely XXHP and Nam Che. ABBREVIATION & OUR

the “FTSE4Good Index Series” announced by FTSE Russell which designed to identify companies that demonstrate strong environment, social and governance practices measured against globally recognized

consists of 27 operating power plants, with a total contracted capacity of 5,418 MW equity and 3 power plant construction projects, with a total contracted capacity of 331 MW equity. PP PP PP Page 6 3

., which were the major shareholders of GLOW and minority shareholders in tender offer. The loan resulted in the Debt-to-Equity ratio of the company to be equal to 2.7 times which might increase after

/2018. This was due to the deferred tax of Baht 70 million from closing ILM Malaysia, recognized in Q4/2018. Q4/2019 vs Q3/2019 (QoQ) 2019 vs 2018 (YoY) • Finance costs were Baht 45.5 million in Q4/2019