shares of GLOW) from the seller (Engie Global Developments B.V.) (the “Seller”), at the price of THB 96.5 per share, totalling approximately THB 97,559 million (the said purchase price may be decreased in
expense must be paid due to the tender offer process in May 2019 of 26.14% from the acquisition of GLOW. This results in the company to hold 95.25% share in GLOW. The company have also faced an increase in
remaining amount of GLOW’s shares of 69,530,219 shares, or 4.75% of the total shares, at Baht 90.8136 per share. The company may be able to adjust the price if GLOW (1) Offer dividend paymen t (2) Change in
shares of GLOW or 99.83% of the total issued shares of GLO W. 14 March GPSC holds 69.11% of GLOW’s share 22 May GPSC completed the Mandatory Tender Offer at 95.25% of GLOW’s share 11 October 1st Trading
intangible assets from the acquisition of GLOW". (see details on page 23) Operating Revenue (THB million, %) 51% 54% 56% 29% 25% 22% 19% 19% 20% 1% 1% 2% 19,990 18,308 18,138 Q2/19 Q1/20 Q2/20 Electricity
representing 30.89 percent of the total voting rights of GLOW). On 20 June 2018, GPSC and Engie Global Developments B.V. (“Engie” or the “Seller”) entered into the Share Purchase Agreement (the “SPA”) to
Company Limited (“GLOW”) equivalent to 69.11% from ENGIE Global Developments B.V., which had been the major shareholders of GLOW. The company completed the payment at Baht 91.9906 per share, amounting to
amotization of the purchase price allocation of Glow IPP Power Plant. 6 Share of Profit from Investments in Associates and Joint Ventures is the Total Share of Profit from Investments in Associates and Joint
acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full