new PPA and achieve an attractive return on investment as planned. Upward trend of Ft rate In 2017 ERC has announced an increase of Ft two times amounting of 21.39 satang/KWh – 12.52 satang/KWh in May

48.66 2.34 December 7, 2018 3 Smothong Group Company Limited 42.00 2.02 December 7,2018 Total transaction size 91.36 4.57 4. Details of the Acquired Assets The Company intends to have FEREN invest in the

(Baht million) Transaction Size (percent) Approval date of Board of Directors 1 3 P Info Service Company Limited 0.70 0.21 October 9, 2018 2 Informatix Plus Company Limited 48.66 2.34 December 7, 2018 3

Value (Baht million) Transaction Size (percent) Approval date of Board of Directors 1 3 P Info Service Company Limited 0.70 0.21 October 9, 2018 2 Informatix Plus Company Limited 48.66 2.34 December 7

. Yuenyong Opakul Director 4) Mr. Kamoldist Smuthkochorn Director 5) Mr. Romtham Setthasit Director 6) Mrs. Saowanee Kamolbutr Chairman of Audit Committee / Independent Director 7) Mr. Kanit Patsaman Member of

Operating Expense (3,432) (4,466) (4,502) (7.4) (9.6) (9.7) Net income to Owners 1,093 901 748 2.4 1.9 1.6 7 Total Consideration and Value of Assets Purchased The Transaction will be effected on the basis of

2020 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 3 2. Risk Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk

domestic CPO of 488,428 tons compared to 188,663 tons in 1Q2020. Thus, the government ordered EGAT to open bidding for CPO suppliers with the remaining approved amount P a g e | 7 - Management Discussion and

CRITERIA 5 OUR STARTING POINT 5 ENVIRONMENTAL IMPACTS OF SOLAR ASSETS 5 TREATMENT OF HYBRID SOLAR ENERGY ASSETS 7 LINKING SOLAR-SPECIFIC ASSETS IN THE MANUFACTURING SUPPLY CHAIN TO BONDS 7 PROPOSED

Core Businesses 7 3.1 Sustainable Development and Corporate Governance 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK 8 3.3 Customer Segments and Services 8