BBL ASSET MANAGEMENT COMPANY LIMITED|Brown Field Infrastructure Fund | Offering Date : 22/07/2019 - 05/08/2019

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

BBL ASSET MANAGEMENT COMPANY LIMITED|Brown Field Infrastructure Fund | Offering Date : 06/07/2017 - 27/07/2017

KASIKORN ASSET MANAGEMENT COMPANY LIMITED|Brown Field Infrastructure Fund | Offering Date : 09/09/2013 - 13/09/2013

KRUNG THAI ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Brown Field Infrastructure Fund | Offering Date : 22/06/2015 - 26/06/2015

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

Q1/2019 was restated due to adjustment of fair value for investment in the geothermal power plant in Indonesia. Power Plant Business performance in Q1/2019 recorded revenue at the similar level to Q1

at the same level compared to the same period of the previous year. The solar power plant business in Japan recorded an increase in electricity sales by 11 Million kWh (+325%) from the commercial

million already paid as of September 2019 and THB 600.00 million proceeds from Rights Offering (“RO”) of the Company in October 2019), and breaches the 1.20 times level specified in the agreement with a

(SDGs), private finance has been modest and demonstration of emission reduction at scale is pending.6 At a global level, sales of voluntary or government-sanctioned carbon offset credits are unlikely to