Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 22 25 27 29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environm...

Registered and paid-up capital: USD 1.00 Director Investment Manager Other Managed Funds (Translation) Enclosure 1 5 With regard to a group of the four companies appearing on the right side of the shareholding

infrastructure is provisioned for exclusive use by a single organization comprising multiple consumers (e.g., business units). It may be owned, managed, and operated by the organization, a third party, or some

consideration criteria (maximum acquisition value criteria). The transaction is categorized as small transaction, is not required to be disclosed according to the Notification of the Board of Governors of the

associates) as of March 31, 2018 were categorized into securities with less than one year to maturity of Baht 81.3 billion, securities with one-to-five years to maturity of Baht 307.5 billion, securities with

will consider granting the loan types, interest rate, loan limits and payment period to suit each type of customers’ business and accelerate the underwriting process. The bank has categorized the loan

categorized into securities with less than one year to maturity of Baht 74.4 billion, securities with one-to-five years to maturity of Baht 314.9 billion, securities with remaining maturities of more than five

. At present, main customers include medium to large size enterprises. The businesses are categorized into 3 main services as follows; 1. Internet Access and ICT Services Business (ICT) ICT Business is

(including net investments in associates) as of September 30, 2017 were categorized into securities with less than one year to maturity of Baht 70.4 billion, securities with one-to-five years to maturity of

categorized into 3 groups, namely: 1. Current Liabilities THB 4,047 million, for example, Trade Account Payable THB 1,384 million, Short term loan from related parties THB 1,151 million. 2. Defaulted