fuel (H2, SMR) • Retrofit CCUS expansion • Operate hydrogen value chain commercially • Measure, offset and report 02 CARBON NEUTRAL 2040 01 Reduce carbon emissions intensity by 10% and Increase RE

affected the total marketing margin, and the increasing investment in Non-Oil businesses; which is in the developing phase of its infrastructure and location expansion, thus incurring high Selling, General

Life Assurance Public Company Limited and our business partners, for service quality improvements in order to deliver an excellent customer experience. In keeping with changing customer expectations, we

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

performance from each business group as follow: Performance of the Refinery and Oil Trading Business Group recorded a significant improvements in Operating GRM from the previous quarter, due to the increment of

(+28% YoY), driven by volume growth from newly acquired assets and improved margin in Integrated PET (Western market contracts)  Core EBITDA margin was 12% (-1% YoY),wherein improvements in Core

billion (+28% YoY), driven by volume growth from newly acquired assets and improved margin in Integrated PET (Western market contracts)  Core EBITDA margin was 12% (-1% YoY),wherein improvements in Core

volume growth. There were an expansion of service station locations, the number of service station as of the end of 2018 was 1,175 locations, with 74 new service stations. The company has also rebranded

through expansion of customer base and income by providing financial transactions via multiple platforms to offset reduced income after the cancellation of funds transfer fees via digital channels. In

to the expansion of household spending, as a proportion of income must be put towards debt repayments, and has caused an increased risk of defaults on payments. In addition, low interest rates