Transaction : 7 March 2019 (2) Parties Involved Payer : Phuket Fantasea Public Co., Ltd (subsidiary) Recipient : Jungle World Co., Ltd. (Relating Company) (3) Nature of transaction Phuket fantasea has issued

or incompetency or other cases as determined by the Board of Directors and/or the person(s) entrusted by the Board of Directors, such persons or their heir, guardian or curator shall be entitled to

Company’s operation, death or disability or incompetency or other cases as determined by the Board of Directors and/or the person(s) entrusted by the Board of Directors, such persons or their heir, guardian

Discussion & Analysis (MD&A) Q1/2018 24 Project Update Project Summary: • Xayaburi Power Company Limited (XPCL)’s project is a Run-of- River Hydropower Plant located on Khong River, 100 kilometers south of

maintenance shutdown in the last quarter. Consequently, the gross profit in Q2/2017 increased by Baht 158 million or 14% from Q1/2017. When compare Q2/2017 with Q2/2016’s net profit, Q2/2017’s net profit

million according to the percentage of shareholding, resulting in the increase of profit. When compare Q3/2017 with Q3/2016’s net profit, Q3/2017’s profit increased by Baht 164 million or 23% because there

Baht 13 million or 8% from Q3/2017 due to the increase in employees related expenses and public relations cost. However, S&A expenses decreased by Baht 43 million or 19% from Q4/2016 due to lower

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...

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 Executive Summary Executive Summary For Q3/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of Baht 899 million, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices...

. The company, then, might decide to reschedule the development plan according to changes in economic situation. In 1Q2020, S Hotels and Resorts PCL (“SHR”), a subsidiary of the Company, entered into a