consolidated earnings and subjected to the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other

payment shall still be made twice a year and is based on consolidated earnings and subjected to the availability of retained earnings on the separate financial statements. In all cases, dividend payment

the availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other future obligations of the

availability of retained earnings on the separate financial statements. In all cases, dividend payment shall depend on cash flow and investment plan including any other future obligations of the Company and/or

its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 38.3%, as there are

enhance heat rate of gas turbine as well as overall power plant performances 3. Digitalization – to predict the degradation of each machine more accurate. Consequently, each plant will be able to minimize

different from that of the Board of Directors under clause 9 None The Company certifies that all information contained in this Information Memorandum is true and accurate and has carefully been prepared

Memorandum is true and accurate and has carefully been prepared, mainly taking into account the benefits to the shareholders. This Information Memorandum has been prepared for information disclosure only, not

in this Information Memorandum is true and accurate and has carefully been prepared, mainly taking into account the benefits to the shareholders. This Information Memorandum has been prepared for

of the Board of Directors. The interested directors were not presented at the meeting. The Company certifies that information in this memorandum is accurate and true, and that the memorandum is