Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the first quarter ended March 31st, 2019 Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 19 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Envi...

Development Department, Ministry of Commerce, amend the Memorandum of Association of the Company with respect to the registered capital, and also apply for approval from the Stock Exchange of Thailand to accept

Disclaimer Some statements made in this material are forward-looking statements with the relevant assumptions, which are subject to various risks and uncertainties. These include statements with respect to our

Exchange of Thailand on the Rules, Conditions and Procedures Governing Disclosure of Information in respect of Capital Increase of Listed Companies, mutatis mutandis, and the regulations or guidelines

or perform such duties. In this respect, the prohibited characteristics shall be relevant to one of the following aspects: (a) performing duty dishonestly or acting in the manner of dishonesty, deceit

shareholders’ meetings with respect to material matters; 2 Added by the Notification of the Capital Market Supervisory Board No. Tor Jor. 56/2558 Re: Provisions relating to Offer for Sale of Securities Issued by

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) constituting a Connected Transaction, Reduction of Registered Capital, Increase of Registered Capital, Amendment of Memorandum of Association, Waiver from the Requirement to Make the Tender Offer for all Securities of the Business by Virtue of the res...

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: + 662 273 8838 F: + 662 273 8858 www.ucity.co.th Ref. No. U.SET 019/2017 October 30, 2017 Subject: Entire business transfer of Unicorn Enterprise Company Limited, capital increase, issuance of the U-W3 Warrants and U-W4 Warrants, issuance and offering of the newly issued preferred shares to be issued and offered to the existing shar...

future. Therefore Company Board of Directors has approved with the joint venture agreement in respect of four projects with the total transaction value of 22.13% at the executive meeting, details as shown

good opportunity to expand overseas markets in the future. Therefore Company Board of Directors has approved with the joint venture agreement in respect of four projects with the total transaction value