PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

cetane levels, boosting engine power, and a more effective engine cleanser, allowing the engine to operate at peak performance. B20S products are sold in Bangchak service stations at the same price as the

, increasing engine power and the ability to clean the engine, bringing out the full power of the engine. BCP is the first and only brand, at present, to make such a product available at its service stations and

Bangchak Corporation Plc. Table of Contents 5 10 0 10 Refinery Business 14 Marketing Business 16 Green Power Business 18 Bio-Based Products Business 21 Exploration & Production Business 26 31 30 Statement

business remained a revenue growth engine through economic recovery Broadband revenue maintained its growth momentum, with revenue of Bt2,487mn, increased 22% YoY and 2.0% QoQ. AIS strives to deliver

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 21 24 26 28 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

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