PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our close monitoring of the ongoing impacts of the pandemic on our industrial customers' operation...

Generating Authority of Thailand (EGAT) completely purchased crude palm oil amount of 160,000 tons in April 2019 to generate electricity in response to the government’s delegation. According to the cabinet

Phatra Asset Management name changed effective from September 28, 2020 2 Excluding loans classified as Purchased or originated credit-impaired (POCI) 3 The Bank current level of capital remains strong and

cost as the company had purchased raw water from private source as well as the rising of depreciation and amortization by 8.49 million Baht from the amortized assets under concession agreements. Major

purchased volume FY 2019 FY 2018 Effect 2019/2018 FY 2017 Y-o-Y Effect Unit price Volume Unit price Volume % '000 US$ Unit price Volume % '000 US$ Copper Foil (KCE) KG. $9.52 1,484,330 $10.95 1,863,119 (13.09

(HDPE) pipe installation service and water management.  On 4 January 2019, the Company purchased 100% of share of WIIK PT Company Limited (“WPT”), a subsidiary that has right to manage the water

Networks Limited (BMN) On March 27, 2019, the Company purchased 5.08 Million ordinary shares of BMN, which is the subsidiary company, equal to 20 percent of its issued and paid-up share capital from its

subsid lion baht mo t. And for th the same pe revenues wa ease of 19.1 778.2 million tegies in mo h Life Time only mobile 017. This cau 2017 was 4 collection an remarkably bt purchased tion revenue Page 2

result from lose purchased order from previous customer and the Biodiesel blend in Diesel Mandate has been at 5% or B5 since November 10, 2016 till the beginning of May 2017, where the Ministry of Energy

between THB 20.00 – 22.00 / kg. - Quantity: Sale volume in 3rd of 2017 was 23,091 tons, which has increased from 3rd of 2016 by 10,067 tons or 76.62% as a result from additional purchased order from