(Translation) Management’s Discussion and Analysis For the operating results of Quarter 2 2017 Global Green Chemicals Public Company Limited Management’s Discussion and Analysis Global Green

238.99 261.84 (22.85) (8.73) Other income 9.49 13.06 (3.57) (27.34) Total revenues 248.48 274.90 (26.42) (9.61) Cost of goods sold 139.89 151.91 (12.02) (7.91) Selling expenses and administrative expenses

(EVN) under the long-term PPA. Quang Tri 1 is currently under Green-Field development phase and under advanced negotiation process with the expected commercial operating date in 2025. - On August 23

) IPP EGCO Cogeneration Co., Ltd. (EGCO Cogen) SPP Roi-Et Green Co., Ltd. (RG) Banpong Utilities Co., Ltd. (BPU) Klongluang Utilities Co., Ltd. (KLU) Chaiyaphum Wind Farm Co., Ltd. (CWF) SPP Two Co., Ltd

Management’s Discussion and Analysis For the operating results of 1Q2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

earnings per share of THB 0. 05. Details were as follows: The decrease in operating performance when comparing the first nine months of last year was caused by the following reasons: (1) Total revenues were

Generating Co., Ltd. (KEGCO) IPP EGCO Cogeneration Co., Ltd. (EGCO Cogen) SPP Roi-Et Green Co., Ltd. (RG) Banpong Utilities Co., Ltd. (BPU) Klongluang Utilities Co., Ltd. (KLU) Chaiyaphum Wind Farm Co., Ltd

Management’s Discussion and Analysis For the operating results of FY2018 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s Discussion and

expanded this digital network to 35 screen covering in 31 provinces in January 2018. CBD LED network - On 5 March 2018, MACO’s Board of Directors approved the acquisition of Green Ad Company Limited, a

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 3 2017 Global Green Chemicals Public Company Limited Global Green Chemicals Public Company Limited Management’s