% are from domestic project sales • Revenue from rental, services, common area fee, and utilities charges 2019 Operating Revenue of Baht 9,798.0 million Overall Operating Results Q4/18 Q3/19 Q4/19 Change

customers who want to organize small to medium sized events the Hero Experience has already allocated the space to support the operation. For the area improvement plan, Hero Experience is still in the process

Revenue from rental and services Revenue from other sales and services  > 90% are from domestic project sales  Revenue from rental, services, common area fee, and utilities charges  Revenue from other

already allocated the space to support the operation. For the area improvement plan, Hero Experience is still in the process of negotiating with various tenants. In order to align with the business model of

• Revenue from rental, services, common area fee, and utilities charges Q3/2019 Operating Revenue of Baht 2,421.5 million *Value may differ by one decimal point due to rounding error MANAGEMENT DISCUSSION

the World 10% 6% 13% 12% 7% 1 Consolidated financials are based on elimination of intra-company (or intra-business segment) transactions 2 Breakup by customer sales location Full Year Quarterly $million

include Thailand’s strategic location, the EEC project, investments in transport and logistics infrastructure, the promotion of 10 targeted industries, policies that promote advances in production

PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our close monitoring of the ongoing impacts of the pandemic on our industrial customers' operation...

segment) transactions 2 Breakup by customer sales location Figure 3: Consolidated Segment Performance Note: Core numbers, total of all regions may not match to IVL due to holding segment. Production Volume

location in Israel (Hygiene), Mexico and France (Mobility). Packaging This segment has performed strongly both in the last quarter and the last twelve months supported by growth in both margins and volume