the Independent Financial Advisor’s Opinion is the definitive and official document and shall prevail in all aspects in the event of any inconsistency with this English Translation. Attachment no. 16

restated due to adjustments in fair value of capital invested in geothermal power plant project in Indonesia Performance of the first 6 months of 2019, Bangchak Corporation Plc. (“the Company”) and its

competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in feasibility study for new good trend business. Enclosure 9. Conditions for the

, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in

) Gain from the Creditor waived the debt (624) Loss on confirmed purchase orders of undelivered raw material (Reversal of) 178 Loss from disposal of assets 8 Employee benefit obligations 6 Tax expense 7

Company intends to repay the Debts Converted to Equity in the total amount of THB 4,194,931,048.92 by the Company‟s newly issued ordinary shares from the Allocation and Offering the Company‟s Newly Issued