Analysis for the year 2019 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information for the year 2019. Because the Company

Analysis for the six-month period ended 30 June 2020 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information the six

subsidiaries has revenue from sales of thermal energy and Electricity  Income from project work of 647.0 Million Baht as 382.54 Million Baht decreased or 37.16 percent when compared to same period of previous

total of Baht 2,219.78 Million. Additional, Bidding construction contracts from customer target of Petrochemical and Energy Group are large projects which project volumn are over than Baht 10,000 Million

- Long-term loans was of Bt8.1 million for use in Energy conservation projects. The loan will be due in March 2023 which was monthly principal repayment at Bt0.34 million at a fixed percentage per annum

#7 "0 ก () (INTUCH) - 120,600 6,874,200.00 5.16 5.09 ENERGY & UTILITIES 24,615,000.00 18.49 18.24 5#6 5 ก ?0:? G ก () (BCP) - 100,000 3,350,000.00 2.52 2.48 5#6KH#,$EEL ก () (EGCO) - 25,000

12,412,575.00 6.82 6.75 ENERGY & UTILITIES 35,887,760.00 19.70 19.52 4,5& L=,0-GGM ก () (EGCO) - 32,700 7,324,800.00 4.02 3.98 4,5& -9'8 ก () (IRPC) - 581,700 3,373,860.00 1.85 1.84 4,5& 60&. ก () (PTT) - 342,900

:$ 8B9$H #0 ก () (INTUCH) - 73,600 3,992,800.00 3.54 3.41 ELECTRONIC COMPONENTS 4,545,450.00 4.03 3.89 3$4 7+:+ :+ 98$#0 ก () (KCE) - 54,600 4,545,450.00 4.03 3.89 ENERGY & UTILITIES 12,378,800.00 10.97

and irrigation agencies that had already been accelerated. State-owned enterprises' capital expenditure contracted in line with disbursements in energy and transportation investment projects. However

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...