company of WHAUP group with 33.33% stake, started commercial operation of its 8.6 MW waste-to-energy power plant in 4Q2019. PERFORMANCE BY BUSINESS Total Revenue and Share of Profit/(Loss) of Utilities

Power Business performance in a form of (i) Share of Profit and (ii) 4 Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant

to capital increase in joint ventures proportionately. 3. Increase in investment available-for-sale of THB 946.4 mm, mainly from reinvestment in WHART to maintain 15% stake and increase in market

performance in a form of 1) Share of Profit and 2) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or

) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. The growth mainly came from the

in associates and joint ventures increased by THB 13,349 million; mainly from BCPG Plc., a subsidiary of the company, invested CapAsia ASEAN Wind Holdings Cooperatief U.A, which holds a 40% stake in

our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. The growth mainly came from: i) The acquisitions of Power Assets from WHA Group, mainly are

. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. Projects under Construction Utilities

agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH

expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to