, CPN recognizes only one month of GLAND’s financial performance in its consolidated financial result. Non-recurring items The following non-recurring items are excluded from the analysis of the financial

excluded Thailand and Europe. Southeast Asia contributed the highest growth rate at 16.0 percent, followed by the passenger from North America region at 6.0 percent and South Asia region at 4.0 percent. The

แบบแสดงรายการข้อมูลการเสนอขายหลักทรัพย์ (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. 2 Registration Statement for Securities Offering (Form 69-1) Company: .......... (Name of Securities Offeror) ….....… Offers for Sale ....................................................................................................................................................... .................

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

currently in the process of rectifying its status to be removed from possible delisting by the SET. Currently, the company is stage of repossession of qualifications in order to resume trading ( Resume Stage

related company for Baht 47 million excluded the interest but at the same time, GPSC received dividend from invested companies amounting to Baht 93 million. Cash flow from financing activities In Q1/2018

(loss) : Profit (Loss) before the effects of foreign exchange, deferred income tax, impairment and lease income. For focusing on the operating performance, the impact of lease income were excluded from

1,667 million. Additionally the company has loaned capital to a related company for Baht 197 million excluded the interest. While, GPSC received dividend income from Ratchaburi Power Company Limited (RPCL

impact of lease income were excluded from the analysis of the operation result. Page 15 Profit from operation of EGCO Group before FX, deferred income tax, impairment and impact of lease income for the

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q2/2018 Executive Summary Executive Summary For Q2/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 1,052 million, increased by Baht 130 million or 14% from Q1/18. The increase is mainly due to the rise in Availabilit...