financial statements of PTL and its subsidiaries manufacturing products, material to PTL’s financial operating results. *** The untrustworthy characteristics leading to removal of persons

proper investment management are concerned. To account for these concerns, international organizations and leading countries have laid out their own I Code. Furthermore, I Code is now one of the criteria

during the last 12 months. This additional cost impact has been more than offset by gains in the feedstock segment since IVL is also one of the world’s leading producers of IPA. The Fiber segment

contracts, leading to a recorded EBITDA of THB 2,198 million (+46% YoY, +140% QoQ). 6 | Management Discussion and Analysis of Business Operation for the 3rd quarter of 2017 Bangchak Corporation Plc. Bio-based

) Person in which the fund manager has held shares exceeding thirty percent of the total outstanding shares of such person (c.5) Person who is an investment advisor of the management company or the fund (c.6

management company itself. (c.4) Person in which the fund manager has held shares exceeding thirty percent of the total outstanding shares of such person (c.5) Person who is an investment advisor of the

advisor and extraordinary general meeting of shareholders. Management benefit expenses In Q1/2018, the management benefit was Baht 4.35 million compare with the same period of previous year amount to Baht

Estimated total improvement cost (until Q2 2017) Aggregate actual cost Ended at Jun 30, 2017 Estimated Improvement cost (For remaining works) At Jun 30, 2017 Improvement cost Re-design cost, advisor cost

Improvement cost Re-design cost, advisor cost, insurance, etc. 608.43 93.72 - - 608.43 93.72 484.64 73.55 123.79 20.17 Sub-total cost Compensation for Loss of production cost 702.15 696.57 - 49.64 702.15 746.21

lease agreement to the Company aforesaid. 2. Resolved for approval of the appointment of Beyond Advisor Company Limited as the Independent Financial Advisor to provide its opinion in relation to the