1 No. ECF2 029/2561 28 June 2018 Subject The Entering into an Investment of the construction of the Manufacturing Plant and Distributing of the Medium Density Fiber Board or MDF Board in Narathiwat

MDF Board manufacturing plant is in Yi-ngor district, Narathiwat Province, near the raw material area in the three southern border provinces. As the location has numerous rubber-wood plantation areas

plant project in the Lao People’ s Democratic Republic and investment in the construction and operation of transmission line system and substation to the Socialist Republic of Vietnam Attn: President The

power plant at Baht 142.91 million, or 41.66 %. The increase of revenue from power plant comes from the 5 MW Prachinburi Power Plant at Baht 38.12 million and the 9.99 MW Kyotamba power plant in Japan at

Q4/2019 or 38%. This increase contributed mainly from the increase in Availability Payment (AP) from Sriracha Power Plant corresponding to the depreciation of Thai Baht against US Dollar, while the

Baht 987.27 million, an increase of Baht 56.39 million or 6.06%, which was a decrease of revenue from printing business at Baht 17.04 million or 3.83% and an increase of revenue from power plant at Baht

revenue from power plant at Baht 73.43 million, or 15.11%. The increase of revenue from power plant comes from the 10 MW Kurihara Phase 1 Power Plant on October 1, 2018 at Baht 26.26 million and the revenue

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

of Baht 241.92 million, a decrease of Baht 7.19 million or 2.88%, which was a decrease of revenue from printing business at Baht 24.01 million or 16.58% and an increase of revenue from power plant at

procurement process. In 2018, the Company delivered the large-scale projects with a value of more than 100 million baht such as a project of mobile signal and high-speed internet in a border area, a project of