emphasized to ensure B.Grimm’s commitment to healthy and sustainable growth. Q1’2020 NNP to owner grew 54.0% y-on-y Despite unfavorable economy situation, B.Grimm reported Q1’2020 results with a 9.4% y-on-y

% y-on-y and 2.5% q-on-q (Baht 36,585 million in 2018 / Baht 9,933 million in Q4’2018), primarily due to an increase in revenue from the commercial operations of ABPR3, ABPR4 and ABPR5 (which are

of 20.16 million baht or a decrease of 115.0 percent. The results of the three months have decreased significantly from the same period last year. The main reason is due to the sales that have

comparison to the same period of the previous year. Executive Summary 2 Overall Operating Results of the Company in Q4/2020 (THB million) YoY YE Operating Revenue 283 207 (27%) 1,194 768 (36%) Gross Profit 181

and its subsidiaries’ operating results for the quarter ended September 30th, 2018 Unit: THB Million Q3/2017 (Restate) Q2/2018 Q3/2018 YoY QoQ 9M2017 (Restate) 9M2018 YoY Total Revenue 39,009 45,558

company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and

results of the low base in the previous year, the launch of new car models, new car purchase from the end of the first car scheme, overall growth in the economy and the marketing promotions of car

still from the results of the low base in the previous year, the launch of new car models, new car purchase from the end of the first car scheme, overall growth in the economy and the marketing promotions

’ operating results for the year ended December 31st 2017 EBITDA Structure of the Company and its subsidiaries Q4/2016 Q3/2017 Q4/2017 YoY QoQ FY2016 FY2017 YoY Total Revenue 40,481 39,009 46,306 14% 19

company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in