further detail, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5145-8 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1

ended 30 September 2022 and 2021 are presented below: Q3-2021 Q2-2022 Q3-2022 9M-2021 9M-2022 Sales and service income THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Sales of electricity - FiT, base

land and providing services related to project security and cleaning to the group customer, that operates 17 solar power plant projects in Thailand, and revenue from sales of electricity from its own

sale volume and Ua Withya PCL has more revenue from its subsidiaries (as nature of business are selling agricultural products and distribution of electricity to Provincial Electricity Authority in Nakhon

PCL) has more sale volume and Ua Withya PCL has more revenue from selling electricity to Provincial Electricity Authority in Nakhon Ratchasima province and also more revenue from selling electricity of

. ("WPS"), a subsidiary company, in which the parent company holds 84.50% of it’s shares. Revenue from electricity sales Baht 51.07 million increased by Baht 10.07 million or 8.31%. Cost of sales For the

(4.28) (2.73) - Electricity business 191.02 146.13 44.89 47.12 Other income 83.86 7.91 75.95 1,003.17 Total revenues 427.44 310.89 116.55 37.49 Cost of sales and services 204.38 195.36 9.01 4.61

destination concepts, such as Food Destination and Fashion Destination, to enhance the convenience of and services towards the customers. Diversification into Mixed-use Development Projects CPN sees the

9% from Q2/2017. The increase in the profit is due to the rise in sales price resulted from the increase in Ft rate in Q3/2017. Also, the volume of electricity and steam sold at Rayong Central

addition, the increase was also from higher electricity revenue from IRPC-CP plant, which is the result of higher natural gas prices. The operating revenue of Q3/2018 significantly increased by Baht 2,418