tourist travel. Total marketing margin, was at 0.73 THB/Litre (-9% YoY, -11% QoQ), the lower retail margin was due to the constantly increasing crude price throughout the quarter, affecting the product cost

and Crude Run Unit: $/BBL Total Sales Volume in each market category of the Company Marketing Business (Million Litre) Q3/2017 Q2/2018 Q3/2018 YoY QoQ 9M2017 9M2018 YoY Retail 934 1,008 990 6% -2% 2,818

significant increase from the previous quarter where 0.89 million barrels was transacted. 2) Marketing Business Group Marketing Business Group Performance Sales Volume (Million Litre) Q4/2016 Q3/2017 Q4/2017

September 2017. Under the new regulation, the Group is obligated to pay the related taxes at changing excise tax rates based on suggesting retail prices in proportion to the sugar content per liter of which

losses on inventories devaluation (NRV)). Furthermore, the marketing business group recorded higher net marketing margin by 0.11 Baht /Liter, and an Inventory Gain of THB 72 million (including losses on

% Total Marketing Margin (Baht / Liter) 0.79 0.70 12% 0.71 11% Sales Volume (Million Liters) Retail (Service Stations) 1,020 1,095 -7% 1,032 -1% Industrial 405 536 -24% 489 -17% Total 1,426 1,631 -13% 1,521

Price 1Q2020 1Q2019 % YoY 4Q2019 % QoQ Methyl Ester (B100) (Baht/Litre)(1) 37.95 20.74 83% 25.89 47% Methyl Ester (B100) (Baht/kg.)(2) 43.87 23.98 83% 29.93 47% Crude Palm Oil (CPO) (Baht/kg.)(3) 33.94

fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre respectively. Additionally, the government has delegated the Electricity Generating Authority of Thailand

government has maintained the biodiesel mandated at B7. Also, the government has promoted B20 and B10 as fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre

B10 and B20 to be lower than diesel price of standard grade by 1 Baht/ litre and 5 Baht/ litre respectively. This measure was terminated on September 2019, then adjusting to 2 Baht/ litre and 3 Baht