before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2018 Ended June 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

in the decrease in gross profit by Baht 26 million or 25%. “Electricity and Steam sales volume increased due to the expansion of power generating capacity after start-up of IRPC-CP (Phase 2) and ISP1

Utilities Plant increased after the main customers resumed normal operation from the scheduled maintenance in Q2/2017 even though Sriracha Power Plant had lower dispatch volume to Electricity Generating

PUBLIC COMPANY LIMITED NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED NATIONAL POWER SUPPLY PUBLIC COMPANY LIMITED NAVA NAKORN ELECTRICITY GENERATING

MD&A Q1Y2018 _E_ - 10.5.61 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the 1 st Quarter Ended 31 March, 2018 Management Discussion and Analysis For the 1 st

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2018 Ended September 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2020 Ended June 30, 2020 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

to the expansion of power generating capacity after start-up of IRPC-CP (Phase 2) and ISP1 in Q4/2017” Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018