REDEEM THE DEBENTURES BEFORE THE MATURITY DATE     21/09/2022 22/09/2022 ผู้ออกมีสิทธิเรียกไถ่ถอนก่อนกำหนด   ELECTRICITY GENERATING AUTHORITY OF THAILAND Bond - Long Term II/MTN Bonds of Electricity

instead of producing only one or two types of products as in present. Moreover, the Company has the policy of transparency based on good governance. Therefore, the Audit Committee has the opinion that the

started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially

petroleum pitch from the CFP as the main source of fuel for the running of the steam turbine for producing electricity and steam to be delivered back to the CFP for use. Installed Production Capacity

Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory Commission EPC Engineering, Procurement and Construction EVN Electricity of Vietnam FX Foreign exchange IPO Initial public

-term;   - 15 - 4) Diversify risks of the Company in generating revenues in Thailand, which may be affected by uncertainties in economy, politics, and governmental policies relating renewable energy

logistic and transportation sectors and subsidized B10 and B20 to be lower than B7, as well as assigned the Electricity Generating Authority of Thailand (EGAT) to purchase CPO to burn as fuel to generate

potential demand in untapped locations (e.g. shopping malls in 2-tier or 3-tier cities and office building) where our major outlets could not cover demand. Throughout 2019, 25 pop-up stores, generating

company loss on operating and negative equity. Then, the Company had tested impairment of investment in subsidiary by assessed the recoverable amount of cash generating units by Value-in-use method and

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and