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ที ่B52-2020-08/001 14 August 2020 Subject: Management Discussion and Analysis - for the three-month period ended 30 June 2020 To: The President of Stock Exchange of Thailand B-52 Capital Public

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Limited. The Company has already registered the changes to the Department of Business Development, Ministry of Commerce on April 17, 2019. In this regard, the Company still uses the same stock symbol “RATCH

(attributable to owners of the Company) of THB 5,963.28 million, increasing by THB 375.68 million. The increase is owing to the commencement of commercial operation of Mount Emerald Wind Farm Project and