., Co., (EGCO holds a 49% ownership interest.), is a 500 MW supercritical coal-fired power plant, in Mauban, Quezon province of Republic of the Philippines. 455 MW of the plant’s capacity and energy are

the amount of THB 1,866.05 million. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Page 3 RATCH Cogeneration power plant is a gas-fired SPP

granted Warrants resign or are terminated, such employees shall not be entitled to exercise the Warrants which have not been exercised and shall return certificate of Warrants to the Company. The Warrants

exercise date. (b) If employees who are granted Warrants resign or are terminated, such employees shall not be entitled to exercise the Warrants which have not been exercised and shall return certificate of

eligible to engage in appraisal activities in capital market until the ending period for its registration with such Institute of Appraisal Profession, unless the granting approval is terminated as prescribed

unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the

capital market business shall be terminated upon occurrence of any of the following circumstances: (1) when such persons no longer have the qualifications or possesses the prohibited characteristics as

branch office shall be deemed the date permission to establish such branch office has been terminated. The management company shall notify the Office no less than one day prior to the closing date of such

terminated. The management company shall notify the Office no less than one day prior to the closing date of such branch office and shall clearly place a notice board at such branch office for at least thirty

terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor