Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

businesses shall have the meaning as defined in the International Accounting Standard 24: Related Party Disclosures. Please provide the information of the ultimate shareholder of the Audit Firm. If the major

significant professional resources. 2 The related parties or businesses shall have the meaning as defined in the International Accounting Standard 24: Related Party Disclosures. 3 Please provide the information

Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Executive Summary Summary of the company and its subsidiaries’ operating result for the 2nd quarter ended 30th

Management Discussion and Analysis For the third quarter and nine-month ended September 30, 2020 (Unreviewed) Kiatnakin Phatra Bank Public Company Limited Investor Relations Email: investor_relations

Office of the Securities and Exchange Commission No. SorChor. 29/2555 Re: Rules, Conditions and Procedures for the Approval of REIT Manager and Standard Conduct ___________________________________ With

Management Discussion and Analysis For the first quarter ended March 31, 2021 (Unreviewed) Kiatnakin Phatra Bank Public Company Limited Investor Relations Email: investor_relations@kkpfg.com Tel. +66

capability to cover debt obligations. The company places an importance to maintain its credit rating to ensures the funding costs are optimal at an appropriate level at BBB+ rating by S&P Global. AIS is

Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company and its subsidiaries’ operating results for the quarter ended 30th September 2019 Unit: THB Million Q3/2019 Q2/2019 QoQ Q3/2018 YoY

reflects professional operation with good governance and good responsibility to society, community, environment as the company takes care of all related parties equally with international standard