. Such disposal of assets constitutes a sale or transfer of the whole or substantial parts of the business of the Company to other persons, subject to Section 107(2)(a) of the Public Limited Companies Act

, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5145-8 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1. Power Industry and

forward- looking statements within the meaning of the federal securities laws, specifically Section 21E of the Securities Exchange Act of 1934, as amended. PSG, the Fund's investment advisor, has

% Industrial 517 501 489 -5% -2% Total 1,514 1,526 1,521 0.5% -0.3% Wholesale Business Petroleum traders in accordance with section 7 151 149 138 -9% -8% Export 199 334 246 23% -26% Total 350 483 383 10% -21

in accordance with section 7 185 173 151 -19% -13% Export 203 336 199 -2% -41% Total 388 509 350 -10% -31% Total Sales Volume 1,928 2,064 1,864 -3% -10% Note: Sales volume does not include oil swaps

other receivables section), 2) prepaid expenses of THB 21 million, and 3) other current assets of THB 14 million. Total non-current assets stood at THB 1,343 million, an increase of 71.3% or THB 559

Business Petroleum traders in accordance with section 7 178 151 144 -19% -4% 363 295 -19% Export 287 199 141 -51% -29% 490 340 -31% Total 465 350 285 -39% -18% 853 635 -26% Total Sales Volume 1,969 1,864

shareholders shall be entitled to a tax credit for the received dividend in accordance to section 47 bis of the revenue code of Thailand. The record date to entitle rightful shareholders to receive the dividend

2,996 6% Industrial 483 447 460 -5% 3% 1,643 1,424 -13% Total 1,417 1,455 1,451 2% -0.3% 4,461 4,420 -1% Wholesale Business (Million Litre) Petroleum traders in accordance with section 7 170 144 178 4% 23

(2021 Edition) : SECTION 360 RESPONDING TO NON-COMPLIANCE WITH LAWS AND REGULATIONS. https://www.ifac.org/system/files/publications/files/IESBA-English-2021-IESBA- Handbook_Web.pdf International