certification as illustrated in the chart right. Issuers must firstly link the bond to low carbon project assets or activities. These activities are listed in Part B of the Climate Bond Standard. A prospective

achievement against a certain standard. Deforestation: loss of natural forest as a result of the following human activities: i) conversion to agriculture or other non-forest land use; ii) conversion to a tree

of these bonds have actually been labelled as green or climate bonds by their issuers. Certified Climate Bond: A Climate Bond that is certified under the Climate Bonds Standard as meeting the

buildings and industry, low-carbon transport, bioenergy, water infrastructure and sustainable agriculture. The Standard is an environmental standard. It does not substitute for financial or other due

not be reproduced or redistributed to any other person. It shall not and does not constitute either an offer to purchase or buy or a solicitation to purchase or buy or an offer to sell or exchange or a

4. ‘Do no harm’ to others? Define whether activities that meet green or amber criteria also meet DNSH and MSS requirements. Meet both DNSH and MSS requirements Does not meet DNSH/MSS requirements

, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility

Q2/2019 corresponding to higher electricity sales volume and lower average natural gas price. When comparing to gross profit of Q1/2020, there was an increase in gross profit by THB 61 million or 2% in

for assessing specific interventions within the agricultural production unit addressing GHG emissions or carbon sequestration Yes Yes PAGE 3Agriculture Criteria Climate Bonds Standard 2021 Mitigation

Landscape Conservation/Restoration - Surface of protected, safeguarded and/or rehabilitated natural landscape areas (or protected areas) in km² or % - area under certified land management in km² or in