2022 Agenda THE EVIDENCE ON THE GREEN BOND PREMIUM IN ASIA-PACIFIC AND EUROPEAN MARKETS l Page 2 I. Introduction of Green Bond II. Approaching Green Bond Premium III. Result Summary IV. Conclusion

construction is Baht 58.74 million for three-month period which decreases of 68.59% when compared to the same period of the year 2018. It is a result of most projects are nearing completion and new project has

and some projects are nearing completion. 2 / 2 2. Cost of construction increases in the amount of Baht 72.48 million or 72.68% for three-month period when compared to the same period of the year 2017

nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction

increases in the amount of Baht 138.29 million or 33.48% when compared to the same period of the year 2017. It is a result of some projects are nearing completion. 2 / 2 2. Cost of construction increases in

reduced when approaching the second year. Average number of insured persons remained on the rise from approximately 176,500 persons as of 3Q18 to 188,400 persons as of 3Q19. Mostly, the increase was

allowed check-up items for each insurer decreased when approaching the second year. Average number of insured persons remained on the rise from approximately 173,500 persons as of 2Q’18 to 187,300 persons

in occupancy rate and revenue per available room or RevPar, resulting in greater revenues. On a QoQ basis, performance of hotel business grew by 16%, upon approaching high seasons of Thailand’s tourism

Japan saw an increase in electricity sales by 8 Million kWh (+119%) from an increase in average irradiation hours, as Japan is approaching Summer, leading to lower snowfall, combined with the Nagi

from Q1/2020 due to higher electricity dispatch corresponding higher water level and rainy season approaching and lower financing costs from lower interest rate. Nava Nakorn Electricity Generating Co