Page 1 of 11 No. RJH – SET 4/2018 26 February 2018 Subject : Resolutions of the Board of Directors’ Meeting on acquisition of additional shares in the subsidiaries, dividend payment, and schedule of

1,223.2 LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2020 Page 6/20 Items Quarter Variance 1/2020 1/2019 Amount (%YoY) Dividend income

investments are consistent with EGCO’s key investment strategies on seeking new opportunities to acquire operating assets and complete the construction of projects on schedule which generate revenue to EGCO

Increase (Decrease) Amount % Electricity revenue 15,919 - 15,919 100% Other income 451 - 451 100% Total revenues 16,370 - 16,370 100% Cost of sale (13,591) - 13,591 100% Other expenses (1,098) - 1,098 100

and its subsidiaries’ operating results for the quarter ended March 31st 2018 Unit: THB Million Q1/2017 Q4/2017 Q1/2018 YoY QoQ Total Revenue 43,995 46,306 44,226 1% -4% Accounting EBITDA 4,075 3,494

the Audit Committee and audited by the certified public accountant. Agenda 4 To consider approving the omission of allocation of net profit as legal reserve and the omission of dividend payment from the

6 Offer Price Original The Offer Price is THB 91.9906 (Ninety-one point nine nine zero six Baht) per share (the “Offer Price”), which will be reduced by an amount of dividend to be received by the

Parent - Restated 6,038.55 Management Discussion and Analysis For the Year Ended December 31, 2018 Page 7 2. Operation Performance According to Consolidated Financial Statement Unit : Million Baht Revenue

Contract rate Dividend income - - 900 1,650 Announced rate Interest income - - 8,372 4,172 1.95 to 5.00% per annum Other income - - 140 836 Contract rate Costs of services - - 103,322 49,456 Contract rate

consecutive year. However, the company’s securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares group in the SET100