Guidance All guidance is based on Post-TFRS 16 Core service revenue  Low single digit growth EBITDA  Low-single digit growth CAPEX (exclude spectrum)  Bt25-30bn Core service revenue to recover and grow

(exclude spectrum) • Bt30-35bn Core service revenue is expected to grow mid-single digit In 2022, Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of new COVID-19

industrial channel, as to not impede the retail market, which is the company’s main sales channel. 2. Net marketing margin in 2018 was within proximity of 2017 levels. During the mid-year, various factors had

individuals have a material interest in the offering or listing, other than in their official capacities, this should be disclosed. Also disclose if anything would impede the ability of these individuals to

following assets, financial instruments and letter of agreements, the securities company shall exclude such assets from the calculation of the client’s assets under this Notification; (a) 13 cash; (b) 14

’ flights, fuel and insurance surcharge revenue. Exclude revenues from cargo services, charter services and other revenue. (2) Scheduled passenger revenues including fuel surcharge and insurance surcharge

insurance surcharge revenue. Exclude revenues from cargo services, charter services and other revenue. (2) Scheduled passenger revenues including fuel surcharge and insurance surcharge, but excluding excess

of investors referred to in (1) and the aggregate offering value referred to in (2) shall exclude the offering value made to investors referred to in (3), regardless of whether such offer is made

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3 Management Discussion and Analysis of Business Operation for Q2/2020 Bangchak Corporation Plc. | Ex...

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...