Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company

year, because of this group of products, most of them were sold to commercial customers, mainly government agencies. This group of customers must wait for the government budget. According to the fiscal

shareholders attending the meeting. 8. Financial assistance from the Company by sourcing funds for employees of the Company and subsidiaries The Company has no financial assistance policy by using rights

of shares exceeding 10% of all votes of the shareholders attending the meeting. 8. Financial assistance from the Company by sourcing funds for employees of the Company and subsidiaries The Company has

measures aboard the aircraft including disinfecting and cleaning the aircraft; An assistance center has been set up to assist staff who may require emergency assistance; In-flight announcements; Protective

which is to be complied with the law. Article 35. The board of directors must hold a shareholders' meeting. It is an annual general meeting within four months from the end of the company's fiscal year

investment, fiscal stimulus, increase in relocations of production base to Thailand would be beneficial to private consumptions and investments and lessen the negative impacts from the external factors. For

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

our higher interest rate borrowings (note that the financing costs of BIP1 and BIP2 is 5.6% p.a. for fiscal year end 2017). Acquisition of BGYSP BGRIM acquired additional of 51% shares of B.Grimm Yanhee

the tourism sector, political uncertainties and strengthening of the Thai Baht which may impact competitiveness in international trades. However, acceleration in public investment, fiscal stimulus