PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS Q4/2019& FY 2019 MD&A PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Global

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q3/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 On the 9th October, after

) (OR) 2,140.00 54,570.00 0.08 0.08 บริษัท ปตท. จํากัด (มหาชน) (PTT) 127,200.00 4,324,800.00 6.16 6.12 บริษัท ไทยออยล จํากัด (มหาชน) (TOP) 25,400.00 1,308,100.00 1.86 1.85 เงินทุนและหลักทรัพย

opened the first overseas branch in Causeway Bay, Hong Kong, which is another strategy to serve long- term growth and diversify risk. The store has continuously received good response following the

60,495,110 3.62246 PTL 27,280,648 3.03118 PTT 60,561,253 0.21203 PTTEP 2,205,055 0.05554 PTTGC 51,843,778 1.14982 PYLON 6,926,178 0.92365 Q-CON 626,583 0.15665 QH 384,385,233 3.58756 QHHR 1,189,802 0.35411

3.18725 PTT 59,002,854 0.20657 PTTEP 2,174,275 0.05477 PTTGC 48,812,116 1.08258 PYLON 6,531,671 0.87104 Q-CON 859,183 0.21480 QH 393,199,703 3.66983 QHHR 1,451,801 0.43208 QHOP 1,803,701 0.94287 QHPF

PSTC 204,175,060 8.60790 PT 4,270,905 1.50443 PTC 9,275,505 2.26232 PTECH 12,505 0.00511 PTG 36,253,607 2.17087 PTL 22,761,837 2.52909 PTT 55,480,782 0.19424 PTTEP 2,332,968 0.05877 PTTGC 51,059,434

21,566,063 2.39623 PTT 31,970,342 0.11193 PTTEP 2,093,880 0.05274 PTTGC 43,005,656 0.95381 PYLON 4,404,171 0.58732 Q-CON 672,375 0.16809 QH 346,244,627 3.23159 QHHR 1,689,101 0.50271 QHOP 1,803,699 0.94286

PT 4,878,501 1.71845 PTC 9,241,005 2.25390 PTECH 13,505 0.00552 PTG 39,204,488 2.34757 PTL 23,100,429 2.56671 PTT 46,819,701 0.16392 PTTEP 2,025,395 0.05102 PTTGC 50,476,460 1.11950 PYLON 4,724,773

PT 5,358,701 1.88760 PTC 9,327,505 2.27500 PTECH 13,505 0.00552 PTG 38,921,885 2.33065 PTL 22,984,845 2.55387 PTT 40,212,471 0.14079 PTTEP 2,214,174 0.05577 PTTGC 51,154,872 1.13454 PYLON 4,273,873