Group”) as follow: Consolidated financial statements Q1-2021 Q1-2022 THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,518.7 303.8 25.0% Revenue from finance lease under power purchase

(“the Group”) as follow: THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,115.7 99.2 8.9 Revenue from finance lease under power purchase agreement 99.2 100.9 (1.7) (1.7) Revenue from

selling expenses 183.84 147.60 36.24 24.55 Finance cost 208.75 110.40 98.35 89.09 Total expenses 902.73 726.79 175.94 24.21 Share of profit (loss) on investment in associated company 196.23 (2.03) 198.26

statements Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Sales of goods and services 1,518.7 1,638.2 119.5 7.9% Revenue from finance lease under power purchase agreement 102.3 102.4 0.1 0.1% Cost of sales and

10.6% 25.1% 3,862.1 4,766.5 23.4% Revenue from finance lease under power purchase agreement 104.9 95.3 109.4 14.8% 4.3% 305.7 307.0 0.4% Cost of sales and services (971.2) (1,174.0) (1,350.7) 15.1% 39.1

. Consolidated financial statements Quarter 1 Quarter 1 Change (Unit: THB Mn) 2023 2024 Amount % Sales of goods and services 1,638.2 1,366.5 (271.7) (16.6%) Revenue from finance lease under power purchase 102.4

loss on exchange rate from trade payable. FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR PROJECTSEXECUTIVE

183.84 (6.33) (3.44) Finance cost 246.48 210.78 35.70 16.94 Total expenses 995.09 904.75 90.34 9.99 Share of profit (loss) on investment in associated company 240.45 196.23 44.21 22.53 Profit before income

selling expenses 177.51 183.84 (6.33) (3.44) Finance cost 246.48 210.78 35.70 16.94 Total expenses 995.09 904.75 90.34 9.99 Share of profit (loss) on investment in associated company 240.45 196.23 44.21

1,705.4 1,735.6 30.2 1.8% 5,315.9 6,502.1 1,186.2 22.3% Revenue from finance lease under power purchase agreement 102.3 95.3 109.4 107.9 (1.5) (1.4%) 411.0 414.9 3.9 0.9% Cost of sales and services (1,149.4