. Page 4 1.2 Additional Investment in Joint Ventures and Associated - On July 14, 2017, Star Energy Geothermal (Salak – Darajat) B.V. (SEGSD), which is the affiliate of EGCO (20.07% indirect ownership

– Darajat) B.V. (SEGSD) (3) Joint Ventures which can be categorized into 2 businesses: 1. Power Generation 1.1 Local power generation Gulf Electric Public Company Limited (GEC) Holding Co.  Gulf Cogeneration

the joint production contract at the Civil Court. The total amount the Company sued was 1,024,774.96 Baht on December 2 8 , 2 0 1 7 . The court scheduled a mediation or examination of the plaintiff’s

three cases, as a result of the total amount of debt. The cases are as follows: 1.3.1 The first lawsuit filed under the joint production contract with the Civil Court. Black Case No. 6168/2560. In this

budget for 28 consecutive projects over the last 7 years. PPAs signing for two large scale Vietnam solar projects with total capacity of 677 MW. In September 5, 2018, Dau Tieng Ninh Energy Joint Stock

, in which the Company filed a lawsuit against the debtor, totaling three cases, as a result of the total amount of debt. The cases are as follows: 1.3.1 The first lawsuit filed under the joint

64 75 17% (45%) 332 139 (58%) Shares of profit of associates and joint ventures 110 152 155 2% 41% 221 306 38% Net profit for the company 815 922 1,052 14% 29% 1,565 1,974 26% Gross profit margin

898 (24%) 28% 2,081 3,150 51% Other non-operating income and expenses 342 75 199 n/a (42%) 674 338 (50%) Shares of profit of associates and joint ventures 144 155 131 (15%) (9%) 365 438 20% Net profit

-operating income and expenses 149 173 339 127% 96% 317 511 61% Shares of profit of associates and joint ventures 106 (68) 110 3% 262% 236 42 (82%) Income tax expenses (30) (254) (284) 851% 12% (76) (537) 611

will be approximately 12,000 refrigerated tons. In addition, the investments and joint ventures in the electricity business and other businesses of the Tender Offeror are as follows: (a) Power plants