operating costs. In addition, the Company is also focusing on (i) improvement of procurement process via active and inventory cost control in order to achieve economies or scales; and (ii) other cost

debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31

debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31

significant rise of natural gas prices while the Ft rate did not increase correspondingly to reflect the higher cost, which impacted the gross profit of Rayong Central Utility Plants and IRPC-CP. Also, the

significant rise of natural gas prices while the Ft rate did not increase correspondingly to reflect the higher cost, which impacted the gross profit of Rayong Central Utility Plants and IRPC-CP. Also, the

proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director

Capex Net Debt Cash and Cash under Management Total Debt Debt Maturity Profile as on 30 Jun, 2020 Fixed = 71% Floating = 29% Effective Finance Cost 3.27% Credit Rating: AA- with stable outlook by TRIS in

25, 2018. 5. Has approved the appointment of Ms. Jatechanya Boonchaleo as the director to replace the position of Assoc. Prof. Dr. Chiraphol Chiyachantana the resigned Company’s Director effective

exposure ก ก[ J#$"% &(c " $dI1ก "% 80 [ "'KJJ fก ก R JddU\ ! (Derivatives) '\'$"%J fS'ก""!"ก" (Efficient portfolio management) 2%/!"\ก""!"[ J (ก R$ก[ JRก#"2ก$ (Hedging) #[ !%JJ_!"JS ก" K 2#% % UXXก('R ̂R

% Effective Finance Cost 3.62% Credit Rating: AA- with stable outlook by TRIS in Sep’19 Net Operating Debt/Equity: 0.66 times 17% 15% 10% 19% 29% 2020 2021 2022 2023 2024 2025 & after 4% 5%LT Loan Debenture LT