, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture kWh / GWh Kilo / Gigawatt-hour MEA Metropolitan

5,289 6,173 Total seat capacity Thousand Seats 2,059.7 2,291.4 Domestic 1,388.5 1,502.2 International 671.2 789.2 Aircraft utilization Block Hour per Day per Aircraft 7.8 9.0 Airbus A320 8.9 10.0 Airbus

Kilo / Gigawatt-hour MEA Metropolitan Electricity Authority mmBtu Million Btu (unit of gas consumption) NNP Normalized net profit O&M Operations and maintenance P.A. Per annum PEA Provincial Electricity

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power P...

777.8 736.7 2,331.1 2,190.9 Aircraft utilization Block Hour per Day per Aircraft 8.2 8.8 8.5 8.8 Airbus A320 9.0 10.0 9.4 10.0 Airbus A319 8.5 9.1 8.6 9.4 ATR 72-500 & ATR 72-600 7.2 7.3 7.5 7.0 Number of

Engineering, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture kWh / GWh Kilo / Gigawatt-hour MEA

Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign exchange IPO Initial public offering IU Industrial user JV Joint venture kWh / GWh Kilo / Gigawatt-hour MEA Metropolitan Electricity

2,709.4 International 687.6 623.5 1,432.2 1,296.7 Aircraft utilization(3) Block Hour per Day per Aircraft 9.5 8.6 9.6 9.0 Airbus A320 10.7 9.3 10.6 9.8 Airbus A319 10.4 9.2 10.5 9.5 ATR 72-500 & ATR 72-600

Aircraft utilization Block Hour per Day per Aircraft 8.6 8.9 9.2 8.9 Airbus A320 10.0 10.1 10.4 9.9 Airbus A319 9.0 9.1 10.0 9.4 ATR 72-500 & ATR 72-600 6.7 7.6 7.3 7.5 Number of aircraft at period end

Block Hour per Day per Aircraft 9.4 9.0 Airbus A320 10.4 10.1 Airbus A319 10.2 9.6 ATR 72-500 & ATR 72-600 7.4 7.43 Number of aircraft at end of year Aircraft 38 34 Airbus A320 9 9 Airbus A319 14 12 ATR