Wind Criteria of the Climate Bonds Standard Wind Sector Eligibility Criteria of the Climate Bonds Standard Version 1.1 Date: October 2017 2 WIND CRITERIA OF THE CLIMATE BONDS STANDARD Table of

Wind Criteria of the Climate Bonds Standard เกณฑ์คุณสมบัติภาคพลังงานลมตามมาตรฐานตราสารหนี้ ว่าด้วยการเปลี่ยนแปลงสภาพภูมิอากาศ (Climate Bonds Standard หรือ CBS) ฉบับที่ 1.1 วันที่: ตุลาคม 2560 เกณฑ์

price of TASCO’s share which was the fact that TASCO would wind down its crude oil procurement of Venezuela by the end of November 2020, as a result, the company’s asphalt refinery in Kemaman, Malaysia

and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude

. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading

of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level