the drop in the cost of raw materials of CHPP following the progress of EPC work. However, the proportion of revenue that decreased is larger than the decrease in cost of raw materials, resulting in a

% Chachoengsao 7.19% Chachoengsao 5.90% % EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2017 4 Gross Profit of Raw Water Business in the first

Sustainable Development Goals: (SDGs) efficiently. 5. RAW WATER BUSINESS Raw water revenue in 2019 was 2,844.70 million Baht, increased by 450.88 million Baht or 18.84% compared to the year 2018. Total water

water 6.65 7.89 (1.24) (15.67%) Net raw water sales volume 64.85 69.46 (4.61) (6.64%) EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1

WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2020 4 5. RAW WATER BUSINESS (CONT.) Gross Profit of Raw Water Business for the first half of

September 2019. EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2019 3 5. RAW WATER BUSINESS Raw water revenue in 9 months of 2019 was

WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2019 4 5. RAW WATER BUSINESS (Cont.) Gross Profit of Raw Water Business for the first half of

Our platform 1 2 3 Integrated and diverse portfolio Inter-connected businesses through raw materials, R&D and customers Revenue $ 15.6 B EBITDA Margin 8% ROCE 4% Core EBITDA $ 1.3 B Note: Asia includes

1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654

sector, the discussion took stock of progress in a number of Asian economies (specifically China, Malaysia, the Philippines and Singapore) toward the development of corporate governance policies in line