Significant Events in Q4/2018 3 On December 18th, 2018, the company submitted a new application to the Energy Regulatory Commission (ERC) for Glow Energy Public Company Limited (GLOW) share acquisition

overdue i.e. exceeding 60 days to WPS and WPS will make payment for all of the unpaid debts which are overdue (exceeding 60 days) to the Company and affiliates. The reference of such unpaid debts will be

in Q4/2017” Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 • Progress Report on Acquisition of GLOW Energy Public Company Limited (GLOW) On June 20th, 2018, the

collect 97.2 Baht, which another 2.8 Baht shall be one overdue payment. Revenue from the write-off of non-performing loans steadily increased in which J Fintech had the amount of debt collection increasing

±% Service business -Current -Overdue – Less than or up to 3 months -Over 3 months up to 6 months -Over 6 months up to 12 months - Over 12 months 27,003 10,698 198 291 699 21,803 10,156 284 7 638 +23.85 +5.34

-Overdue -Less than or up to 3 months -Over 3 months up to 6 months -Over 6 months up to 12 months -Over 12 months 20,175 10,195 161 62 949 19,401 12,454 101 74 766 +4.0 -18.1 +59.4 -16.2 +23.9 Total Less

Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments

Service Plc. 8 Glossary Subscriber Number of registered SIM at ending period whose status is not defined as churn Postpaid churn Subscribers whose payment status is overdue more than 60 days from due date

from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15

-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15 of GHECO-One 6 Normalized Profit for 2018 is adjusted with Write Off tax and Adjustments of