0.25% per annum (the normal interest rate of the loan for the associated companies) whereby PF will adjust the said interest rate for twice a year in January and June. At present, the interest rate is

had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3

, TFRS 9 Financial Instruments and TFRS 16 Leases, by adjusting from the retained earnings as of January 1, 2020 and didn’t adjust the financial statement of the previous year. The adjustments of right-of

and operation, and that the staff are moving forward in the same direction in order for the company to adjust, grow, and create value to the business, the stakeholders and the society as a whole.The CG

Chonburi and Chachoengsao areas 8. Upgrade Chachoengsao pump station to increase pumping capacity from Bangpakong River from 200,000 CMD to 300,000 CMD 9. Stockpile water from Bangpakong river into Bangphra

and new ponds, to supply water to Chonburi and Chachoengsao areas 8. Upgrade Chachoengsao pump station to increase pumping capacity from Bangpakong River from 200,000 CMD to 300,000 CMD 4. SIGNIFICANT

shifting to low carbon fuel sources • Improving water management and efficiency, e.g., by reducing leaks, reducing urban run-off • Installation or upgrade of water capture and storage infrastructure

from the contributions of 1) additional industrial users with total PPA of 25 MW, 2) ABP3 and ABP5 improving heat rate after gas turbine upgrade in December 2018 - January 2019 and July 2019 respectively

noticed in Q2’19. In additions, the same upgrade via LTSA with Siemens for ABP5 is scheduled in Q3’19. The progress of SPP Replacement Scheme BGRIM has 5 cogeneration power plants qualified for the SPP

appraising, it shall adjust such items to demonstrate total. If total result in loss, it shall demonstrate the amount of cash in the parenthesis. 1.4 Gain (loss) on Derivatives trading means gain or loss on