E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

their products and services via NEXT’s media channel. In-store radio and audio advertising service increase consumer awareness and demand on products and services. (2) Event and Concert Organizing

products and services via NEXT’s media channel. In-store radio and audio advertising service increase consumer awareness and demand on products and services. (2) Event and Concert Organizing Business NEXT is

Thailand or any other channel that will allow the unitholders to thoroughly access information of executing transactions; (b) to have a reasonable period for disclosing information that shall not exceed 14

was decreased by 331 million Baht mainly due to costs of replacement and dismantling of transmission line and switchyard as part of the construction of SBPL. Page 12 BRWF: Unit : Million Baht Quarter 1

was decreased due to costs of replacement and dismantling of transmission line and switchyard as part of the construction of SBPL in Q1/2018. CWF: Unit : Million Baht Quarter 1 Change Increase (Decrease

plants to produce electricity and/or steam using renewable and/or non renewable energy resources , for captive consumption and/or for wholesale; electric power transmission and distribution,” The Board of

lower EGAT dispatch as a results of EGAT’s transmission line maintenance and lower contribution from Gulf VTP and BGWHA-1 due to having planned maintenance, despite a 5.5% increase of power demand from

higher EGAT dispatch as a result of EGAT’s transmission line maintenance in 2Q2019  For 6M2020, 8 IPPs generated Baht 280.2 million of Normalized Share of Profit and Dividend, a 12.6% decrease from 6M2019

approximate area of 30 Rais 1 Ngan 65.1 Tarang Wah in Asia Industrial Estate. With respect to the above, in summary, the assets of each SPP project consist of systems and equipment such as power transmission