Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

November 28, 2018 at no. 48/48 TISCO Tower, Level 20, North Sathorn Road, Silom, Bangrak, Bangkok, the Company would like to report the key resolutions of the meeting of Board of Directors as follows: The

สิ้นเดือน 7/ เหตุผลในการท าธุรกรรมกรณีทีซ่ื้อแพงหรือขายถูกกว่าราคาตลาด การเปน็หลักทรัพย์ขึ้นทะเบยีน เปรียบเทยีบมูลค่า (ลบ.) บลจ.ได้ shop rate จาก dealer 3 ราย ได้แก่ TISCO, KGI และ PATRA โดย PATRA เสนอรา

Proportion Bhirombhakdi Family 82.20 percent Ministry of Finance 5.30 percent TISCO Bank Public Company Limited 2.07 percent 6. Characteristics of the Interest of the Connected Person in the Transaction The

Jul 10 Jan 11 Jul 11 Jan 12 Jul 12 Jan 13 Jul 13 Jan 14 Jul 14 Jan 15 Jul 15 Asset Plus MFC One Asset Thanachart TISCO ALL Source: Morningstar Direct complied by Research Department of Thai SEC AMC A

Bhirombhakdi Family 82.20 percent Ministry of Finance 5.30 percent TISCO Bank Public Company Limited 2.07 percent Remarks: 1of total issued and paid-up shares as of 23 March 2018 8 6. Characteristics of the

SECURITIES (THAILAND) LIMITED PHATRA SECURITIES PUBLIC COMPANY LIMITED DBS VICKERS SECURITIES (THAILAND) COMPANY LIMITED PHILLIP SECURITIES (THAILAND) PUBLIC COMPANY LIMITED DEUTSCHE TISCO INVESTMENT ADVISORY

DEUTSCHE TISCO INVESTMENT ADVISORY COMPANY LIMITED THANACHART SECURITIES PUBLIC COMPANY LIMITED FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED GLOBEX

LIMITED DEUTSCHE TISCO INVESTMENT ADVISORY COMPANY LIMITED THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED TRINITY SECURITIES COMPANY LIMITED GLOBEX

LIMITED DEUTSCHE TISCO INVESTMENT ADVISORY COMPANY LIMITED THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED TRINITY SECURITIES COMPANY LIMITED GLOBEX