Management Discussion and Analysis for the Year 2019 1. Operating Results (Company and Subsidiaries) Consolidated revenue for year ended 2019 of both treatment of industrial waste business division

and cash equivalents-End of period 7.28 18.90 Remark: Cash flow statement from the consolidated financial statement Unit : Million Baht Description For the year period ended December 31, 2019 the

and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | Statement of Income Consolidated Statement of Income (Unit: Million Baht) Q1/2020 Q4/2019 YoY Q1/2019 QoQ Revenue from sale of

3 months ending on 31 March 2020 audited by the CPA 1. The Consolidated Financial Statements 1.1 Report and analysis of Business Operations Revenue Revenue from operations Revenue from operations for

consolidated financial statement of B.Grimm Power for the period ended 30 June 2020 The Transaction constitutes an acquisition of assets pursuant to the Acquisition and Disposition Notifications in which the

หนีสนิทมีีภาระดอกเบียจ่ายต่อส่วนของผูถ้ือ หุน้ 2.52 เท่า ปรับตัวเพมิขนึเมอืเทยีบกับ 2.49 เท่า ณ สนิปี 2562 เนืองจากหนีสนิทมีภีาระดอกเบยีเพมิขนึและ สว่นของผูถ้อืหุน้บรษัิทใหญล่ดลง Consolidated 2563 2562

Public Company Limited (“the Company”) reported consolidated operating revenue of THB 144 million in Q2/2020 and of THB 363 million in 1H/2020, which decreased by 54% from Q2/2019 and 39% from 1H/2019

shall still be made twice a year and is based on consolidated earnings and subjected to the availability of retained earnings on the separate financial statements . In all cases, dividend payment shall

from the 14th March 2019 (the first day that GPSC has recognize GLOW’s performance in the consolidated financial statement) until the 30 th May 2019 according to the consolidated financial statement of

highlight in Q3/2020 Revenue • After You Public Company Limited (“the Company”) reported consolidated operating revenue of THB 198 million in Q3/2020 and of THB 561 million in 9M/2020, which decreased by 37