% of the 1H/2017 consolidated net income, which will be paid from the unappropriated retained earnings that derived from tax exemption profit portion according to Board of Investment (BOI) privilege

674,235,360 or approximately 34% of the net profit of consolidated financial statements, which will be paid from the unappropriated retained earnings with 30% corporate income tax, wherein individual

Statement for Thai-incorporated Company to offer for sale of securities in Thailand and ASEAN member country simultaneously or in proximate period (ชือ่บรษัิททีเ่สนอขายหลักทรัพย)์ (Commercial Name of the

offering of debentures each time and other relevant factors. Currency Thai Baht and / or foreign currency at equivalent amount The total value of the debentures Amount of total capital including debentures

. Market and Competitive Environment The Thai economy in FY22 started off with a positive tone of post-pandemic recovery with the tourist and hospitality- related sectors mostly benefiting from the border re

$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially

to the consolidated Audited Financial Statement of the Company, as of December 31, 2017. As a result, the Company is required to comply with the Connected Transaction Notifications, by disclosing

Notifications”) whose transaction size is equivalent to 87.59 percent of the net tangible assets (NTA) of the Company and its subsidiaries according to the reviewed consolidated financial statements of the

and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company

at 8.1% contraction has recently as the impacts from COVID-19 pandemic on the Thai economy was less than previously expected in Q2/2020. The pandemic causes the worst global energy demand contraction