PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the

first phase is 30 MWh which the first battery cell is expected to be completed in December this year. GPSC is coordinating with several parties to introduce the prototype for mobility and stationary

repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital

Office. In this regard, any additional payment or refund of fees shall be completed by 31 January 2018; (a) the fixed-rate fee specified under Paragraph 1(8) of Clause 14; (b) the fee based on business

paragraph shall not be applicable to the following cases except where the authority considers otherwise: (1) where the proceedings under the first paragraph has completed before the SEC proposes the case to

limited for the reason that the 2024 annual Government Statement of Expenditure has not yet been approved. It is expected that the government statement of expenditure approval will be completed in April

percent. At the same time, core inflation was 0.54 percent, down from 0.76 percent in the same quarter last year and 0.62 percent in the previous quarter. The Baht appreciated with an average exchange rate

Thailand’s (BOT) target range of 1-4 percent. At the same time, core inflation was 0.45 percent. The Baht appreciated with an average exchange rate of 30.70 THB/USD compared with 31.58 THB/USD in the previous

governmental support. The new PDP is expected to be completed and implemented in 2018. Page 4 Regarding the Alternative Energy Development Plan of 2015-2036 (AEDP 2015), power generation from renewable energy is

the ERC with respect to the entering into of the Share Purchase Transaction and GLOW has completed the sale of GLOW SPP1 Company Limited. On 24 August 2018, GPSC has obtained approval from its