of the highest value when calculated from 12-month period net profit criteria consideration based on the latest reviewed consolidated financial statement ended March 31, 2020 which equals to 32.52% and

consolidated financial statements, which is a record of asset impairment in the Gulita and Mid-Galoc oil fields, and the assessment of resource reserves in the Galoc field which was lower than last year. In 2017

“ Notifications on Acquisition and Disposition of Assets” ) . Upon consideration of the size of the transaction based on the total value of consideration per the Company’ s consolidated financial statements for

value is derived from this method of calculation, whereby the calculation is based on the Company's reviewed consolidated financial statements for the 6-month period as of 30 June 2018 of the Company

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights

The Company has sold its land to the subsidiary and gains profit of Baht 29.85 million, but not presenting in the consolidated financial statements. In the consolidated financial statement, the amount

expenses but there is some fix cost that we can’t decrease, the ratio of selling and admin expense is almost the same with last year. • We have to record special transaction in consolidated statement for

percent To The President of the Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Results for the three-month and the six-month : Q2/2017 For the three-month ended 30

Notifications”). The transaction size is 1.29 percent as calculated based on the total value of consideration criterion which granted the highest result, referenced from the consolidated audited financial

auditor, the results can be summarized as follows: The performance of the Company and the Company’s subsidiaries for the 3rd quarter of 2018, the consolidated financial statement showed a net profit of