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...

No. ECF2 035/2562 23 September 2562 Subject Notification on the resolutions of the Board of Directors’ Meeting approving the purchase of the ordinary shares in KPN Academy Company Limited, the increase of registered capital, the issuance and the allocation of the newly-issued shares to specific persons (Private Placement) and the convening of the Extraordinary General Meeting of Shareholders No. 1/2019 (additional) To Director and Manager The Stock Exchange of Thailand Enclosure 1. Information M...

any facts that are material. 3. Opinions of the independent expert on the entering into the transaction The Company has appointed Capital Advantage Company Limited as the independent financial advisor

executive committee, financial advisor and legal consultant opined that the investment in the Target Group Hotels and Resorts through the purchase of equity in the Target Company is appropriate and reasonable

share warrants of the investment advisory company, person with power of management or advisor in the case where the purchase, sale or holding shares or share warrants which results in such person being a

obtained from negotiations between the Company and the Seller, the fair value of which had been evaluated by Capital Advantage Company Limited (“CapAd” or the “Financial Advisor”), which valued ART and AWM

Capital Advantage Company Limited (“CapAd” or the “Financial Advisor”), which valued ART and AWM at Baht 493.37 million and Baht 148.01 million based on a 30 percent share acquisition calculated based on

fair value of which had been evaluated by Capital Advantage Company Limited (“CapAd” or the “Financial Advisor”), which valued ART and AWM at Baht 493.37 million and Baht 148.01 million based on a 30

financial advisor using Discounted Cash Flow Approach method. By purchase price between Baht 46.38-94.77 millions. The Board of Directors is of the opinion that the price not over Baht 60 Millions. The

legal advisor in the Philippines in order to claim against NPSI for the refund of capital investment. 3. Investment in the Biogas Power Plant Project The Company has executed the Share Purchase Agreement