Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 6 Table 3 Pipeline of Ongoing Projects 2019-2021 9 Table 4 Segment Results (Old segment) 13 Table 5 Regional

2019 MD&A 12 List of Tables Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 6 Table 3 Pipeline of Ongoing Projects 2019-2021 9 Table 4 Segment Results (Old

Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 5 Table 3 Pipeline of Ongoing Projects 2019-2021 11 Table 4 Segment Results (Old segment) 15 Table 5 Reconciliation

, driving higher yield loss; and cost from relocating some product from the old production line to the new one. However, production cost of the new machine has been gradually improving every month. Q2/2018

19,253 19,964 3.7% Net-int debt to equity (times) 1.5 1.6 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis PROGRESS OF PROJECTS UNDER CONSTRUCTION Current Construction Progress

19,253 28,144 46.2% Net-int debt to equity (times) 1.5 1.0 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis PROGRESS OF PROJECTS UNDER CONSTRUCTION Current Construction Progress

27,739 28,536 2.9% Total equities attributable to Owner 19,253 19,670 2.2% Net-int debt to equity (times) 1.5 1.6 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis PROGRESS OF

equities attributable to Owner 19,253 19,607 1.8% Net-int debt to equity (times) 1.5 1.6 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis PROGRESS OF PROJECTS UNDER CONSTRUCTION

Company’s business operation which will be expanded into large scale project (ie. bile and waste water system and water INT Pad) www.filtervision.co.th 5.5 To utilize as other working capital of the Company 6

consisted of revenue from selling live broilers to GFN, our joint venture, and selling day-old-chicks to both international and domestic market, represented 36.60% of total sales, amounting THB 1,448.90