; 3. it is reasonable and concluded on a fair price; 4. the expenses of which to be incurred by the trust (if any) is charged under a fair and appropriate rate; 8 5. when an acquisition of an

Agreement allows for the front end fee to be charged on the utilized amount), aggregating USD 1,420,000, or equivalent to THB 49,003,095.56 (2 percent of the USD 71,000,000 loan). (3) Collateral e.g. land and

the front end fee to be charged on the utilized amount), aggregating USD 1,420,000, or equivalent to THB 49,003,095.56 (2 percent of the USD 71,000,000 loan). (3) Collateral e.g. land, buildings, and

otherwise have an effect on a credit rating action should not initiate or participate in discussions with rated entities, obligors, arrangers, or subscribers regarding fees or payments charged to such rated

and ineligible to vote. (7) Opinions by the Company’s Board of Directors The Board of Directors’ meeting No.1/2020 on February 28, 2020, considered that this transaction is charged at the same rate as

charged by the subsidiary of EVN which our power selling prices are set at a premium to. Steam Sales to Industrial Users (IUs) • Steam sales to industrial users in Thailand decreased 1.9% year-on-year from

2.49/KWh for the six months ended June 30, 2017, primarily due to a decrease in 5 the prevailing retail tariff charged by the subsidiary of EVN which our power selling prices are set at a premium to

2017 stood at THB 264.9 mm, which increased by THB 222.0 mm or 517.4%, compared to the same period of the previous year as a result of right of way charged in industrial estates totaling of THB 208.7 mm

%, compared to the same period of the previous year as a result of right of way charged in industrial estates totaling of THB 208.7 mm in the third quarter of this year. Expenses analysis 2016 2017 Increase

principal properties or assets subject to the lien include a. the aggregate value of the tangible assets which have been charged to secure the repayment of all or any money payable in respect of the secured