PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS Q4/2019& FY 2019 MD&A PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Global

agreement. The Board of Directors shall authorize Chief Executive Officer to have power to negotiate, agree and enter into any terms and conditions of such agreement and other related agreements, including

right to use the brand “Centre Point” for one year (1 October 2019 - 30 September 2020), with a renewal option upon mutual agreement. The Board of Directors shall authorize the management to have power to

the new products. For Telecom Power System (TPS) products, even with the expectation that its sales revenues would get affected significantly by the disposal of investment in subsidiaries*, its sales

372.26 381.53 -9.26 -2.43% 369.89 373.90 -4.01 -1.07% Sharing of gain (loss) from investment value of the associates 1.62 0.25 1.37 542.86% 2 quarter 2019, the Company did get the revenue from Can do

Yai and Chachoengsao branch). The Company plans to open Rayong branch, the 11st branches in the last quarter of year 2018. Industry Overview Domestic purchasing power has been under pressure due to the

authorize Chief Executive Officer to have power to negotiate, agree and enter into any terms and conditions of such agreement and other related agreements, including the rate of such remuneration for hotel

growth in power tools in America market. For Telecom Power System (TPS) products, even with the expectation that its sales revenues would get affected by the disposal of investment in subsidiaries*, its

for the loan from Xayaburi Power Company Limited, in which the contract was signed on May 17, 2016. In 1H/2017, administrative expenses amounted Baht 913.70 million, a rise of Baht 167.94 million or

No. BGRIM 2/2019 January 15, 2019 Subject: Additional Investment in Nam Che Hydro Power Co., Ltd. Attn: President The Stock Exchange of Thailand On January 14, 2019, the Board of Directors’ Meeting