financial statements to get complete details and understanding. The consolidated financials are based on the elimination of intra-company (or intra-business segment) transactions. For this reason, the total

investors always read the MD&A together with the published financial statements to get complete details and understanding. The consolidated financials are based on the elimination of intra-company (or intra

, the Republic of the Union of Myanmar which is deemed to an acquisition of assets Please refer to more details in Enclosure 1 2. Approve to determine the date the shareholders who are eligible to

E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the third quarter of 2017, buoyed largely by tourism and exports. Nonetheless, the economic recovery was not broad-based, as evidenced by sluggish private consumption. While certain businesses were still fragile, others remained mired in uncertainty in terms of new modes of competition, a broader market...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...

of intangible assets from the acquisition of GLOW". (see details on page 24) Operating Revenue (THB million, %) Electricity + Financial Lease (IPP) Electricity (SPP+VSPP) Steam QoQ -8% YoY -14

% 154 148 4.1% Premises and equipment expenses 3,029 2,254 2,736 34.4% 10.7% 10,467 10,252 2.1% Taxes and duties 853 820 840 4.0% 1.5% 3,367 3,357 0.3% Other expenses 3,298 3,254 2,865 1.4% 15.1% 12,403

Notes We recommend that investors always read the MD&A together with the published financial statements to get complete details and understanding. The consolidated financials are based upon the

which is expected to be completed later this year or earlier next year. 12 Notes We recommend that investors always read the MD&A together with the published financial statements to get complete details

. Notes We recommend that investors always read the MD&A together with the published financial statements to get complete details and understanding. The consolidated financials are based on the elimination