contracted capacity of 514 MW and Electricite De Laos (EDL) with the contracted capacity of 130 MW for 27 years starting from the Commercial Operation Date in 2022. Page 5 2. Business overview EGCO Group has

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2017 (Unit : M ill ion Baht) 2017 2016 Inc./(Dec

bidding system. 1.2 Electricity industry in Asia-Pacific countries EGCO is fully aware of the limited growth prospect in domestic electricity industry. Therefore, EGCO determines business strategies to

743.1 million baht. Even though the COVID- 19 pandemic bringing significant disruption to business, The Group still maintains the profit attributable to equity holders of the company amount of 707.1

) Repair and maintenance cost 59.4 44.3 15.1 34.1 Engineering and other services 40.9 30.6 10.3 33.7 Processing fee - PEA 13.3 13.9 (0.6) (4.3) Other cost 35.4 20.9 14.5 69.4 Total cost of sales and service

Business To produce electricity from solar energy for sale to public and private sectors. 8. Board of Directors As of 27 October 2017, consists of 9 directors as follows: 1) Ms.Cathleen Maleenont 2

July 2018 with a gain from business combination of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. BGRIM started to consolidate BGYSP’s financial statement in

USD 835 million. The project’s joint investors are the Company (60 percent), Lao World Engineering & Construction Company Limited (20 percent), and B.Grimm Power Public Company Limited (20 percent

Baht 460 million in 2018, primarily attributable to gain from business combination (BGYSP) amount of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. • Other

%) 82.3 76.3 (7.3%) Repair and maintenance cost 37.9 44.3 40.3 (9.0%) 6.3% 95.9 84.6 (11.8%) Engineering and other services 40.2 30.6 29.4 (3.9%) (26.9%) 82.5 60.0 (27.3%) Processing fee - PEA 12.6 13.9