with the budget approved by shareholders. Issuance of corporate bonds and the first green and climate bonds in Thailand In October 2018, BGRIM issued senior unsecured and unguaranteed debentures in an

“stable” outlook and assigned the rating of “A-” to BIP1 and BIP2’s proposed issues of up to Baht 6,700 million in senior unsecured debentures. (Please find full detail on www.trisrating.com). The proceeds

consecutive projects during the last 7 years. Issuance of the project debentures In May 2018, B.Grimm Power BIP1 and BIP2 Limited issued senior unsecured amortizing debentures in an amount of Baht 6,700 million

corporate debentures In October 2018, BGRIM issued senior unsecured and unguaranteed debentures in an amount of Baht 9,700 million with rating A- through private placement offering (the “Debentures”) with

government solar project in collaboration with the war veteran organization (PPA 8.94 MW). The average irradiation hours of projects in both Thailand and Japan lowered due to the higher amount of clouds and

) EY 4 EY EY AQI 3 EY (3:1) 6:1) EY senior manager manager EY staff turnover 27.33%) (20.31%) EY EY career path) succession plan) EY 3.5 (Engagement Performance) EY engagement partner ) EY 2 engagement

year which resulted by significant lower in contribution from shares of profits and slightly drop in sales. Sincerely yours, Mr. Sanit Eksangkul Senior Vice President

accordingly, Sincerely Yours, Mr. Sanit Eksangkul Senior Vice President

. Yours sincerely, ( Miss. Pakatip Lopandhsri ) Director and Senior Vice President

on October 29, 2004. Please be informed accordingly and further inform the investors. Yours sincerely, ( Miss Pakatip Lopandhsri ) Director and Senior Vice President