FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based

346 37% 63% FY2018 33% 67% FY2017 1,386 1,802 Adjusted EBITDA Breakdown Operating Performance Exhibit 1 : Consolidated Company’s Performance UNIT: M THB 4Q2018 4Q2017 % YoY 3Q2018 % QoQ FY2018 FY2017

FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10

Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3

the decrease in selling and administrative expenses but also the better performance of GPSC’s power plants especially IRPC Clean Power Phase 1 whose main customer returned to operate as normal from the

1,748mn and 273mn, respectively. Our robust operating and financial performance are a direct reflection of successful implementation of digitalisation strategy, strategic acquisitions as well as the

, 2019 (a copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the year ended December 31, 2019 (a copy in Thai and English) 3. Company's performance report, Form 45 for the year

remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated

specification complies with the government standard. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 Operating Performance Exhibit 1: Consolidated Company’s Performance

of 2020 (a copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the second quarter of 2020 (a copy in Thai and English) 3. Company's performance report, Form 45 for the second