Limited, CAT- IIG Nonthaburi sales project of the National Telecommunications Company, Project to improve the network system to support the large data transmission of the Expressway Authority of Thailand

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2018 1 Significant events 1. On March 30, 2018, Bangkok Expressway and Metro Public

Disputes between the Company/the subsidiary and the Expressway Authority of Thailand (EXAT), and on February 20, 2020, the Company/the subsidiary and EXAT signed the Second Stage Expressway Agreement

of Shareholders No.1/2019 On March 18, 2019, the Extraordinary General Meeting of Shareholders approved the Company and the subsidiary to settle the disputes with the Expressway Authority of Thailand

agreement with the Expressway Authority of Thailand (EXAT) on July 19, 2017 for the construction of the Connection between Si Rat-Outer Ring Road Expressway and Si Rat Expressway (heading to Chaeng Watthana

Authority of Thailand (EXAT) to compensate for the deficient revenue from the projection to NECL under the Bang Pa-in - Pak kret Expressway Agreement in total of Baht 1,790 million with interest at the rate

Limited entered into an extension of the concession agreement with the Expressway Authority of Thailand ( EXAT) on July 19, 2017 for the construction of the Connection between the Si Rat-Outer Ring Road

and Metro Public Company Limited entered into an extension of the concession agreement with the Expressway Authority of Thailand (EXAT) on July 19, 2017 for the construction of the Connection between Si

the Expressway Authority of Thailand, and the construction project of three power stations according to the transmission and distribution system development project of the Provincial Electricity

Infrastructure and E&M Systems for the MRT Blue Line Project The Board of Directors’ Meeting No. 1/2018 of Bangkok Expressway and Metro Public Company Limited (the “Company”), held on February 27, 2018, has