of 2017, the Company had a short-term loan for purpose of increasing working capital. 5. Performance of the Company and its Subsidiaries Management’s Discussion and Analysis (MD&A) For Q1/2018 11

Transaction Notifications") Calculating the size of connected transaction according to financial statement of the Company as of 31 December 2017, the details of the calculation are as follows: Calculation

. Supoth Piansiri Director 2. Miss Netnapha Phusittanon Director 3. Mr. Somchai Meesen Director Page 4 Statement of financial position 2014 % 2015 % 2016 % Q3-2017 % Cash and cash equivalents 21,504 0

112 181 177 -2.0% 59.0% Selling, general and administrative expenses 64 119 106 -10.7% 64.2% EBITDA 66 90 102 12.6% 53.6% Net profit from financial statement 51 54 62 13.6% 21.3% Net profit (exc

2565 ADVICE - แนบเอกสารประกอบงบการเงิน-En Statement of Comprehensive Income (Consolidated) (Unit : Million Baht) 2021 2022 Increase (Decrease) %YoYAmount % Amount % Sales and services   14,305.82

branches. 110.00 38.66 71.34 2. Repay loans from financial institutions. 250.00 250.00 - 3. Working capital is used to purchase products and work capital in the business. 117.30 117.30 - 4. Invest in

Filing of the Registration Statement, Registration, and Other Applications when the application and the evidentiary documentation are accurate and complete in accordance with the Licensing Manual for the

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

prepared. DNAL Co., Ltd.’s financial statements for the period ended June 30, 2017 are disclosed herein as a comparative statement. Unit: Baht million Separate Financial Statements Fiscal Year Quarter March

capital increase is to expand the capacity of flexible packaging products, to repay the loans and used as working capital. Details are shown in Capital Increase Report Form (F 53-4) (Attachment 1). 4