, resulting in higher revenue recognition together with the increase electricity sales volume corresponding to EGAT’s dispatch instruction and the decrease in maintenance cost as a result of the expiration of

(EGAT) per EGAT’s dispatch instruction, the gross profit increased by Baht 52 million or 36% from Q1/2017 from the increase in the Availability Rate and the Weight factor. • Rayong Central Utilities Plant

Power Producer (IPP) increased by Baht 790 million as a result of no maintenance shutdown in Q1/2020 for Sriracha Power Plant and higher dispatch volume according to EGAT instruction resulting in higher

maintenance in 1Q2017 and higher energy payment which is from higher power dispatch to EGAT in 1Q2018. The increase is also from higher coal price. - Five SPPs (Gulf VTP, Gulf TS1, Gulf TS2, Gulf TS3 and Gulf

intertuption claims amounted Baht 107.3 million in 2Q2017  Dividend received from Glow IPP of Baht 50.0 million in 2Q2018  Solid operations from higher energy dispatch than the same period of last year. SPP

Availability Payment (AP) according to the PPA and a decrease in electricity profit resulting from the lower dispatch from EGAT. Meanwhile, corporate income tax and interest expenses were decreased. Page 8

Companies และศนูยค์วบคมุระบบไฟฟ้าแหง่ภมูิภาค (Regional Load Dispatch Centre) (ค) การด าเนินการในขอ้ตกลงในระบบ SCADA/EMS(DMS)- telecommunication ระหวา่ง Project Companies และศนูย์ ควบคมุระบบไฟฟ้าแห่งภมูิภาค

HL4) Project Companies และศนูยค์วบคมุระบบไฟฟ้าแหง่ภมูิภาค (Regional Load Dispatch Centre) (ค) การด าเนินการในขอ้ตกลงในระบบ SCADA/EMS(DMS)- telecommunication ระหวา่ง Project Companies และศนูย์ ควบคมุระบบ

higher EGAT dispatch as a result of EGAT’s transmission line maintenance in 2Q2019  For 6M2020, 8 IPPs generated Baht 280.2 million of Normalized Share of Profit and Dividend, a 12.6% decrease from 6M2019

Q1/2018 and Q1/2017, the cost decreased by 158 million or 4% due to the lower usage of natural gas of Sriracha Power Plant which is in-line with the decrease in volume dispatch per EGAT’s instruction