[PPT] - 3Q/ Q/14 14 ANAL ALYST YST M MEETING P PRESEN SENTAT ATION PowerPoint Presentation

SLIDE 1

3Q/ Q/14 14 ANAL ALYST YST M MEETING P PRESEN SENTAT ATION

St. Regis Hotel, Bangkok

November 14, 2014

Supattanapong Punmeechaow, President & CEO Patiparn Sukorndhaman, EVP-Finance and Accounting Sriwan Eamrungroj, EVP -Marketing, Commercial and Supply

SLIDE 2

DI DISCL CLAI AIMER ER

This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains a number of forward-looking statements including, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. PTTGC has based these forward-looking statements on its views with respect to future events and financial performance. Actual financial performance of the entities described herein could differ materially from that projected in the forward-looking statements due to the inherent uncertainty of estimates, forecasts and projections, and financial performance may be better or worse than anticipated. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. Forward-looking statements represent estimates and assumptions only as of the date that they were made. The information contained in this presentation is subject to change without notice and PTTGC does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations.

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SLIDE 3

AGE GENDA NDA

3

1. MISSION TO BE CONTINUED
2. 3Q/14 OPERATING RESULTS
3. MARKET OUTLOOK

SLIDE 4

AGE GENDA NDA

4

1. MISSION TO BE CONTINUED
2. 3Q/14 OPERATING RESULTS
3. MARKET OUTLOOK

SLIDE 5

MISS ISSIO ION TO O BE BE CON ONTIN INUED ED

Del eliver vering ng a Sust stai ainabl able G e Grow

wth a

h and b balanci ncing a ng all Stake kehol holder ders s ‘ inter erest ests

* Effective October 1, 2014

Supattanapong Punmeechaow, President & CEO

PTTGC’s Top Management Team’s Commitment

5

Vision To Be a Leading Chemical Company For Better Living

Mission

SLIDE 6

SUSTAI AINABL ABLE G GROWTH W WITH W WORLD CLASS S SS SUCCESS ESS

6

ENVIRONMENT

Asia Responsible Entrepreneurship Awards A Member of United Nations Global Compact at Advanced Level [UNGC]

ASEAN CG Scorecard

1 of 17 Thai Corporates

Award by CDP in Climate Disclosure Leader for 2 Consecutive years & ranked 1 of 7 leading companies Best Public Company of the Year 2014

Forbes Global 2000

Rank #687 in Global 2000 Rank #14 in Diversified Chemicals

American Chemical Society

Global Top 50 Rank #39

2nd Consecutive years

ICIS TOP 100 Awards

Rank # 22

Thailand’s Top Corporate Brand Values 2014 Carbon Footprint for Product Certification from Thailand Greenhouse Gas Organization The first company in Thailand who received the Carbon Neutral certification Board of the year Awards 2013 for Distinctive Practices Excellence in SHE Conditions for 16 Consecutives AMCHAM CSR Excellence Recognition 2013 Silver level in Creative partnership

SLIDE 7

HIGH IGH ST STANDARD OPER OPERATION ONS & W & WOR ORK PR K PROC OCESS

7

Enegy Efficiency 1st Quartile 2nd Quartile 3rd Quartile 4th Quartile 4th Quartile 3rd Quartile 2nd Quartile 1st Quartile Reliability

Refinery Aromatics Olefins Polymers : HDPE, Polymers : LDPE Polymers : LLDPE EO-Based Performance

YTD Plant Operation(1) as of Sep. 14 Management System

Note: 1) Internal Calculation base on Solomon and Phillip Townsend Methodology

Energy Efficiency and Reliability drop from its normal standard due to the unstable feedstock supply from PTT’s GSP #5 technical problem from Lightning Strike since Aug. 2013 and I4-1 Shutdown in Feb. 2014.

Layout the Infrastructure with Single Enterprise Resource Planning (ERP)

Integrated End to End Work Process and will Support

Future Business Expansion

Real-time Dashboard Real-time Performance Strategic Performance Management

SLIDE 8

ON ON GOI GOING S G STRA TRATE TEGI GIC C DI DIRE RECTI CTION N

8

GREEN CORE UPLIFT PROJECTS 1-STEP ADJACENCIES

Marketing Excellence Debottle necking Operational Excellence Synergy Excellence

NEW GEOGRAPHIES NEW PRODUCTS

ASEAN: Pertamina CHINA: Sinochem US: Shale Gas System House Compounding PC, PU, Nylon 6-6 Oleochemical PLA Succinic Acid PLA/PBS Compound

EXCELLENCE EXECUTION

EBITDA Uplift 15-30%

(2012-2017)

1st Quartile Performance ROIC > 14% Listed in Globally Sustainability Index

SLIDE 9

CORE UP CORE UPLIFTS FTS: PROJ ROJECTS CTS UP UPDA DATE TE

9

Pure H2 via New PSA PTTPE Cracker Debottlenecking 12% Olefins Increase New LLDPE +300 KTA SYNERGY

TO BE FINALIZED

Phenol 2 Project Target COD: 3Q/15 TOCGC Plant Improvement Project Target COD: 3Q/15 Aromatics 2 Debottlenecking Project (PX Expansion) Target COD: 4Q/15 EOE +90 KTA PX +115 KTA BZ + 35 KTA OX + 20 KTA Phenol +250 KTA Acetone +155 KTA DEBOTTLENECKING & EXPANSION CAPACITY CAPEX (M.USD) 348 94.2 128.8

UNDER CONSTRUCTION PROJECTS

CONSTRUCTION PROGRESS 77% 53% 43% LLDPE Expansion Off Gas upgrading at Olefins Delay to 1Q/15 from Target: 4Q/14 CONSTRUCTION PROGRESS 91%

To Start C Capturing Benefits i in 2015 2015

BV Project Butadiene 75 KTA Butene-1 25 KTA

COMPLETED PROJECTS

348 272

DEBOTTLENECKING & EXPANSION CAPACITY CAPEX (M.USD)

SLIDE 10

Target * Debottleneck EBITDA uplift includes

1Q/14 BV project starts up 3Q/15 TOCGC Plant Improvement Project 4Q/15 PX Expansion starts up Not Including PTTPE Cracker Debottlenecking and LLDPE Expansion

CORE UP CORE UPLIFTS FTS: BENE NEFI FITS TS UP UPDA DATE TE

(MUSD)

10

Excellence Programs

(MUSD)

2014 Target 9M/14 Actual Est. 2014 Synergy Excellence 83 32 46

Heavy Gas (Offgas)
Pure H2 via PSA
C3/C4 Stream
3 Streams (Heavy Gasoline, LCB, CB)
Heavy Aromatics

Marketing Excellence 80 96 127

Customer Portfolio Management
Product Development
Pricing Excellence

Operational Excellence 31 28 37

Total 47 projects in 2014
34 Energy Saving Projects
7 Plant Reliability Projects
6 Cost Reduction/Optimization

Projects

Total 194 156 210

SLIDE 11

1-STE TEP ADJ DJACE CENCI NCIES: S: NE NEW GE GEOGRA OGRAPHI HIES

Pride de of

f Indon

ndones esia

11 Existing Balongan Refinery (125 KBD)

Potential Partners

New World Scale Naphtha Based Cracker

Expansion Refinery

New Downstream Petrochemical 2014 FID

Continues to Increase

Polymer Sales in Indonesia via ITT according to targets

2015 2016-2019 2020 Construction

COD New Cracker + Downstream Petrochemical

Basic Engineering Design Expected Project Timeline Customers

PTTGC will mainly focus on Petrochemical

while PTT joined bidding for Refineries Expansion

LPG, (938 KTA) Naphtha (1,796 KTA)

Pertamina Refinery Unit VI Balongan

SLIDE 12

1-STE TEP ADJ DJACE ACENCI NCIES: NE NEW PRODUCTS RODUCTS

Com

mpl

pleting t the J he Jigs gsaw of

f PU Chai

hain

12

Shortlisting of Technology and

Potential Partner

Under Feasibility Studies
To Finalize Potential Partner by 2015
Overall Progress at 26% as of Sep 14
TDI conversion to world-scale HDI

monomer

Global technology center
New HDI derivatives plant in Thailand
Capacity: 12 KTA
Investment: EUR 40 million
Expected IRR > 15%
Target Commissioning by 3Q/15

Vencorex Transformation PO-Polyols & System House

System House

Formulation & End-use

Foam (67%) CASE (33%)

Broad and diverse end-use applications Polyols

Polyether

Polyols

Propylene Oxide (PO)

Isocyanate

TDI MDI HDI

PU Building Blocks Isocyanate is a key building block.

1 2

PU

1 2

Ethylene Oxide (EO)

SLIDE 13

MITI TIGATING NG THE THE RI RISKS KS

Dec ecline ne of

f C

Crude ude Oil P Price Corporate Risk Management System

Risk Mgmt Process Risk Criteria Risk Audit Monitor & Review

Decline Crude Oil Price Stress Test Close Monitoring Reviewing

Commercial and Financial Risk Management

Crude/Products Hedging Inventory Hedging FX Hedging

Inventory Mgmt.

Supply Chain Mgmt.

Optimization

Risk Assessment

Operational Excellence Utility Management Turnaround Excellence Synergy Capital Project Mgmt.

Reliability & Asset Integrity

Customer Value /Portfolio Mgmt.

Pricing Excellence

Product Development

Marketing Excellence

Risk Management

13

SLIDE 14

MITI TIGATING NG THE THE RI RISKS KS

Ener nergy R Ref eform Corporate Risk Management System

Risk Mgmt Process Risk Criteria Risk Audit Monitor & Review

LPG

(Price Increase from Energy Reform)

Stress Test Close Monitoring Reviewing Increase Public Understanding

Risk Management Risk Assessment

Studies of Feedstock from US Shale Gas Alternative Feedstock to fulfill Plant Flexibility Studies of Logistics Facilities Plant Optimization (Fully Flexible Feedstock Intake) 14

SLIDE 15

AGE GENDA NDA

15

1. MISSION TO BE CONTINUED
2. 3Q/14 OPERATING RESULTS
3. MARKET OUTLOOK

SLIDE 16

BUSI BUSINES ESS ENVI ENVIRONM NMENT NT AND AND OPERA PERATIONS RECAP NS RECAP

Out utperform Olef efins ns & Der erivatives es Bus usines ess Beat eat Dec eclining ng Crude ude Oil



Surplus crude and weak demand pressured Dubai crude to decline from average at 106.1 USD/BBL in 2Q/14 to average 101.5 USD/BBL in 3Q/14. As a result , PTTGC reported Stock Loss & NRV totaling 2,841 M.THB for the quarter



FX Gain amounting to 381 M.THB, resulting from slight appreciation in THB against USD from end 2Q/14 at 32.60 THB/USD to end 3Q/14 at 32.52 THB/USD.



HDPE price remained strong with Improving Aromatics

Diesel-Dubai 14.4 USD/BBL -17% YoY -10% QoQ
FO – Dubai -8.4 USD/BBL +21% YoY +21% QoQ
PX-Cond 479 USD/Ton -6% YoY +43% QoQ
BZ-Cond 430 USD/Ton +31% YoY +16% QoQ
HDPE 1,604 USD/Ton +8% YoY +2% QoQ
MEG 1,143 USD/Ton 0% YoY +5% QoQ



Overall utilization rate of major businesses

*Source: BOT Selling Rate

Average Dubai Crude Price

USD/BBL

Average and Closing FX : THB/USD*

3Q/13 2Q/14 3Q/14 9M/13 9M/14 Refinery CDU Utilization (%) 98 103 102 87 102 Aromatics BTX Utilization (%) 91 89 83 89 84 Olefins Utilization (%) 75 91 94 88 87 Polymers Utilization (%) 88 106 104 95 103 EO Based MEG Utilization (%) 92 99 112 96 92 Green ME Utilization (%) 129 106 121 112 113 FA Utilization (%) 139 117 101 128 110 Phenol Phenol Utilization (%) 124 131 132 125 114 109.1 105.5 104.0 116.1 106.4 106.3 107.4 108.2 100.8 106.3 106.8 104.5 106.1 101.5

2012 2013 9M/14 1Q/12 2Q/12 3Q/12 4Q/12 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

31.08 30.73 31.00 31.29 31.36 30.68 29.80 29.89 31.48 31.73 32.66 32.45 32.10 30.99 31.97 30.97 30.78 29.45 31.27 31.53 32.95 32.58 32.60 32.52

2012 2013 1Q/12 2Q/12 3Q/12 4Q/12 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Average FX Closing FX

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SLIDE 17

17.9 16.1 19.6 16.8 17.3 17.7 17.8 16.0 14.4

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

17.5 15.3 20.3 15.3 17.0 17.3 17.0 14.3 14.5

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

RE REFI FINERY NERY PERFORM RFORMANCE NCE

Low Lower er C Crude P ude Price in n 3Q/ Q/14 14 Contr

ntribute to

to sto tock l los

ss

ULG 95 - DB

JET - DB Diesel - DB FO - DB

Petroleum Product Spread (USD/BBL)

+ 6% YoY

18% QoQ
14% YoY

+ 1% QoQ

17% YoY
10% QoQ

+21% YoY +21% QoQ

Gross Refinery Margin (USD/BBL) Total Intake (KBD)

87% 102% 101% 63% 98% 103% 101% 103% 102%

Sales Volume (KBD)

+6% YoY +1% QoQ

CDU U-Rate

+2% YoY

5% QoQ

Note: In 2Q/13, Refinery had Planned Turnaround of 38 days 15.1 14.6 18.4 14.6 12.4 9.2 14.6 16.1 13.2

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

(7.3) (9.2) (7.4) (3.7) (10.7) (10.5) (8.5) (10.7) (8.4)

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

3.56 4.24 4.37 2.38 3.48 3.42 4.48 4.44 3.83 0.73 (0.96) (0.91) (2.45) 4.21 1.11 (0.69) 0.73 (2.92) 0.77 0.56 0.27 1.23 0.98 0.78 0.33 0.66 0.70

5.06 3.84 3.73 1.16 8.67 5.30 4.12 5.83 1.61

(10.00) (8.00) (6.00) (4.00) (2.00)

2.00

4.00 6.00 8.00

(3.00) (1.00) 1.00 3.00 5.00 7.00 9.00 11.00

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Market GRM Stock Gain/(Loss) Net NRV Hedging Gain/(Loss) Accounting GRM

126.8 147.8 146.4 91.8 142.4 149.1 146.5 148.6 148.2 49.7 57.6 57.8 36.0 55.5 69.4 52.5 59.3 61.0

176.6 205.4 204.2 127.8 197.8 218.4 198.9 208.0 209.2

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Crude Condenstate Residue & Others

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Market GRM 3.56 4.24 4.37 2.38 3.48 3.42 4.48 4.44 3.83 GRM on CDU 4.40 5.38 5.50 2.73 4.31 4.31 5.52 5.74 4.81 GRM on CRS 2.78 2.81 3.08 2.38 2.90 2.98 2.85 2.76 2.82

17

8% 7% 9% 5% 9% 8% 5% 8% 9% 14% 13% 15% 13% 15% 13% 14% 13% 14% 52% 52% 51% 54% 52% 49% 52% 51% 54% 11% 13% 11% 10% 12% 15% 13% 13% 12% 14% 14% 14% 16% 12% 15% 16% 16% 10%

156 184 183 111 176 196 185 188 179

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Naphtha + Ref. Jet Diesel Fuel Oil Others

SLIDE 18

AROM ROMATI ATICS CS P PERFORM RFORMANCE NCE

Impr proved ed P PX and and BZ s spr prea ead

Prices

PX FECP - Cond

BZ Spot - Cond

Aromatics Products Prices and Spread (USD/Ton)

6% YoY

+43% QoQ +31% YoY +16% QoQ

Products to Feed Margin (USD/Ton BTX) BTX U-Rate and Sales Volume (KTons)

BTX U-Rate

6% YoY
4% QoQ

916 903 948 871 930 937 917 922 872 1,489 1,303 1,618 1,409 1,440 1,440 1,303 1,256 1,350 1,307 1,297 1,379 1,286 1,258 1,283 1,297 1,293 1,301

800 1000 1200 1400 1600 1800 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Condensate Erawan PX FECP BZ Spot Korea 391 394 430 415 328 346 380 370 430

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

573 400 669 539 510 502 386 334 479

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

89% 84% 92% 84% 91% 93% 91% 89% 83%

18

6% 6% 8% 5% 4% 3% 7% 6% 4% 28% 28% 26% 26% 31% 30% 25% 28% 33% 43% 43% 43% 42% 43% 43% 43% 43% 42% 23% 23% 22% 26% 22% 24% 24% 23% 22% 2,510 2,488 824 810 876 836 806 860 822

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 BZ Group PX Group Naphtha Group Other By-Products 325 178 396 323 262 221 166 86 290 14.01 (10.18) (1.45) (45.97) 84.10 26.94 (7.90) 40.44 (68.54)

(0.26) (0.81) (0.02)

339 167 395 277 346 248 158 127 221

(400) (300) (200) (100)

100

200 300 400 (80) (30) 20 70 120 170 220 270 320 370 420

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Market P2F Stock Gain/(Loss) Net NRV Hedging Gain/(Loss) Accounting P2F

SLIDE 19

1,471 1,576 1,482 1,443 1,489 1,536 1,554 1,569 1,604

1,466 1,580 1,477 1,433 1,490 1,549 1,560 1,578 1,601 1,491 1,615 1,459 1,444 1,569 1,664 1,639 1,605 1,601

1,199 1,139 1,282 1,173 1,143 1,208 1,182 1,093 1,143 913 933 961 858 920 946 935 951 913

700 800 900 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1,700

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 HDPE (FILM) SEA LLDPE CFR SEA LDPE CFR SE Asia MEG ACP Naphtha MOPJ

OL OLEFI FINS NS A AND ND DE DERI RIVATI TIVES ES P PERFORM RFORMANCE NCE

Cont

ntinui

uing g Strong ng H HDPE P Price

Prices

MEG ACP – 0.65Ethylene HDPE - Naphtha

Olefins Derivatives Prices and Spread (USD/Ton)

36% YoY

+20% QoQ +22% YoY +12% QoQ

Adjusted EBITDA Margin U-Rate (%) GAS : NAPHTHA Intake %

HDPE Price +8% YoY +2% QoQ

Sales Volume (KTons)

KTons

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 HDPE (FILM) SEA 1,471 1,576 1,482 1,443 1,489 1,536 1,554 1,569 1,604 LLDPE CFR SEA 1,466 1,580 1,477 1,433 1,490 1,549 1,560 1,578 1,601 LDPE CFR SE Asia 1,491 1,615 1,459 1,444 1,569 1,664 1,639 1,605 1,601 MEG ACP 1,199 1,139 1,282 1,173 1,143 1,208 1,182 1,093 1,143 Naphtha MOPJ฀ 913 933 961 858 920 946 935 951 913 558 643 521 585 568 590 620 618 691

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

337 193 375 351 284 281 245 152 182

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

57% 57% 55% 54% 65% 53% 61% 54% 56% 34% 34% 33% 36% 31% 35% 25% 35% 40% 9% 9% 12% 10% 4% 12% 14% 11% 4% 2,740 2,669 1,012 972 756 969 790 925 955

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Ethane Other Gas Naphtha 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Olefins 565 474 200 218 147 190 134 168 172

HDPE 618 630 216 193 208 217 202 218 210 LLDPE 291 288 102 70 119 107 98 105 85 LDPE 171 239 75 71 25 47 72 92 75

Total PE 1,079 1,157 393 334 352 371 373 415 369 MEG 282 275 83 104 95 89 71 95 110

28% 26% 30% 28% 26% 24% 24% 25% 28%

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

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9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Olefins 88% 87% 97% 93% 75% 93% 77% 91% 94%

HDPE 104% 105% 109% 96% 106% 113% 93% 107% 114% LLDPE 99% 98% 113% 72% 113% 114% 99% 112% 84% LDPE 68% 104% 101% 99% 5% 101% 115% 93% 104%

Total PE 95% 103% 109% 89% 88% 111% 99% 106% 104% MEG 96% 92% 97% 100% 92% 86% 65% 99% 112%

SLIDE 20

PHENOL HENOL AND ND BPA A PERFORM ERFORMANCE ANCE

Impr proved ed Mar argin from

m Low

Lower er Sur urpl plus us

Prices

BPA-Phenol Phenol-BZ

Phenol/ BPA Prices and Spread (USD/Ton) U-Rate and Sales Volume (KTons)

Sal ales V Vol

lume (

e (KTons

ns)

+207% YoY +78% QoQ +9% YoY +54% QoQ

Adjusted EBITDA Margin

+6% YoY +11% QoQ

20

1,307 1,297 1,379 1,286 1,258 1,283 1,297 1,293 1,301 1,426 1,490 1,523 1,402 1,352 1,387 1,424 1,456 1,592 1,743 1,728 1,880 1,719 1,630 1,605 1,638 1,653 1,894

900 1100 1300 1500 1700 1900 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Benzene Phenol BPA 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Phenol (CMP) 1,426 1,490 1,523 1,402 1,352 1,387 1,424 1,456 1,592 BPA (CMP) 1,743 1,728 1,880 1,719 1,630 1,605 1,638 1,653 1,894 Benzene 1,307 1,297 1,379 1,286 1,258 1,283 1,297 1,293 1,301 119 193 145 116 95 104 126 164 291

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

317 238 356 317 277 218 214 197 302

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

54% 56% 40% 55% 65% 54% 60% 58% 52% 46% 44% 60% 45% 35% 46% 40% 42% 48% 208 187 63 76 69 69 48 66 73 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

Phenol BPA

U-Rate 9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14 Phenol 125% 114% 126% 127% 124% 130% 78% 131% 132% BPA 99% 94% 64% 116% 116% 104% 70% 107% 104%

3% 10% 1% 4% 5% 4% 4% 7% 16%

9M/13 9M/14 1Q/13 2Q/13 3Q/13 4Q/13 1Q/14 2Q/14 3Q/14

SLIDE 21

9,574 7,611 8,719 9,545

30 26 25 28

20
15
10
5

5 10 15 20 25 30

1000

1000 3000 5000 7000 9000 11000 13000 15000

1Q/13 3Q/13 2Q/14 3Q/14 Oct-14

21

Olefins and Derivatives Performance Ethane Flow (Ton/Hr) HDPE Price ($/Ton) EBITDA Margin (%) EBITDA (M.THB) Olefins Utilization Rate (%)

OVERVI VIEW EW O OF BUSINESS U ESS UNITS’ S’ PERFOR ORMAN ANCE

Mar argi gin Suppor pported b ted by S Stabl ble G e Gas F Flow Despi pite W te Weak Crude

3Q/14 Revenue and Adjusted EBITDA Structure Adjusted EBITDA Margins

45% 19% 24% 6% 6% 0% 13% 16% 61% 1% 6% 3%

145,820 MB 15,702 MB

Adjusted EBITDA Sales Revenue

% Adj. EBITDA Margin 3Q/13 2Q/14 3Q/14 Business Unit : Refinery 2 4 3 Aromatics 8 (2) 9 Olefins and Derivative 26 25 28 Green 9 4 1 HVS 4 1 11 Average 9 8 11

1482 1489 1569 1604 1564 97 75 91 94 100 254 221 229 242 272

SLIDE 22

INCO NCOME ME S STA TATEMENT NT – 3Q/1 3Q/14

Note: * Adjusted EBITDA = EBITDA – Stock Gain/(Loss) &NRV – Provision for Business Restructuring of Vencorex ** Vencorex business restructuring provision at 100% share *** Vencorex business restructuring provision portion of 49% for non-controlling interests or Baht 1,097 million

***

3Q/2013 2Q/2014 3Q/2014 YoY QoQ MB % MB % MB % MB % MB % 1 Sales Revenue 141,394 100 152,401 100 145,820 100 4,426 3 (6,581) (4) 2 Feedstock Cost (116,522) (82) (126,966) (83) (117,045) (80) 523 (9,921) (8) 3 Product to Feed Margin 24,872 18 25,435 17 28,775 20 3,903 16 3,340 13 4 Variable Cost (6,211) (4) (7,601) (5) (7,042) (5) 831 12 (559) (7) 5 Fixed Cost (4,028) (3) (4,904) (3) (4,337) (3) 309 8 (567) (12) 6 Stock Gain/(Loss) & NRV 3,768 3 1,180 1 (2,841) (2) (6,609) (175) (4,021) (341) 7 Gain/(Loss) Commodity Hedging 560 411 425 (135) (24) 14 3 8 Other Income 1,235 1 1,249 1 1,113 1 (122) (10) (136) (11) 9 SG&A (3,808) (3) (3,056) (2) (3,232) (2) (576) (15) 176 6 10 Extraordinary Item 11 Provision for Business Restructuring** (2,239) (1) 2,239 100 12 EBITDA 16,388 12 10,475 7 12,861 9 (3,527) (22) 2,386 23 13 Depreciation & Amortization (4,149) (3) (4,415) (3) (4,308) (3) 159 4 (107) (2) 14 EBIT 12,239 9 6,060 4 8,553 6 (3,686) (30) 2,493 41 15 Finance Cost (1,144) (1) (1,097) (1) (1,095) (1) (49) (4) (2) (0) 16 FX Gain/(Loss) (738) (1) 71 381 1,119 152 310 437 17 Shares of profit/(loss) from investments (54) (0) 290 240 294 544 (50) (17) 18 Income Tax Expense (708) (1) (599) (0) (521) (0) (187) (26) (78) (13) 19 Net Profit 9,595 7 4,725 3 7,558 5 (2,037) (21) 2,833 60 20 Profit/(loss) attributable to: 21 Owners of the Company 9,610 7 6,085 4 7,591 5 (2,019) (21) 1,506 25 22 Non-controlling interests (15) (0) (1,360) (1) (33) (0) (18) (120) 1,327 98 23 Adjusted EBITDA * 12,619 9 11,534 8 15,702 11 3,083 24 4,168 36

22

***

SLIDE 23

INCO NCOME ME S STA TATEMENT NT – 9M/14 14

Note: * Adjusted EBITDA = EBITDA – Stock Gain/(Loss) &NRV – Provision for Business Restructuring of Vencorex ** Vencorex business restructuring provision at 100% share *** Vencorex business restructuring provision portion of 49% for non-controlling interests or Baht 1,097 million

***

9M/2013 9M/2014 YoY MB % MB % MB % 1 Sales Revenue 394,590 100 444,587 100 49,997 13 2 Feedstock Cost (316,462) (80) (365,162) (82) 48,700 15 3 Product to Feed Margin 78,128 20 79,425 18 1,297 2 4 Variable Cost (19,203) (5) (22,059) (5) 2,856 15 5 Fixed Cost (12,207) (3) (13,874) (3) 1,667 14 6 Stock Gain/(Loss) & NRV 1,703 (2,236) (1) (3,939) (231) 7 Gain/(Loss) Commodity Hedging 1,127 1,030 (97) (9) 8 Other Income 3,921 1 3,680 1 (241) (6) 9 SG&A (9,197) (2) (9,392) (2) 195 2 10 Extraordinary Item 11 Provision for Business Restructuring** (2,239) (1) (2,239) (100) 12 EBITDA 44,273 11 34,335 8 (9,938) (22) 13 Depreciation & Amortization (12,289) (3) (12,925) (3) 636 5 14 EBIT 31,984 8 21,410 5 (10,574) (33) 15 Finance Cost (3,379) (1) (3,333) (1) (46) (1) 16 FX Gain/(Loss) (1,479) (0) 1,054 2,533 171 17 Shares of profit/(loss) from investments (93) (0) 771 864 927 18 Income Tax Expense (1,419) (0) (1,493) (0) 74 5 19 Net Profit 25,614 6 18,409 4 (7,205) (28) 20 Profit/(loss) attributable to: 21 Owners of the Company 25,857 7 19,971 4 (5,885) (23) 22 Non-controlling interests (243) (0) (1,563) (0) (1,320) (544) 23 Adjusted EBITDA * 42,570 11 38,810 9 (3,760) (9)

23

***

SLIDE 24

ST STRON ONG G FIN INAN ANCIAL POSI POSITION ON

Int nter erest Rat ate Cur urrenc encies 61 61 % F Fixed ed 50 50 % T THB HB 39 39 % F Float

at

50 50 % U USD & O Other hers

Loan Type

Cost of long term debts ~ 4.54% (Include W/H Tax)
Average loan life after refinancing - 5.19Years

Treasury policy

Net IBD to Equity ratio of ≤ 0.7x Net IBD to EBITDA ratio of ≤ 2.4x

THB 116 Bn

THB Bn * After Refinance

Maturity of Financial Debt* as at Sep. 30, 2014 Key Financial Ratios Statements of Financial Position

As of Dec. 31, 2013 As of Sep. 30, 2014

THB 433 Bn THB 426 Bn

Ca Cash +ST Inves estmen ent CA CA Non CA CA PPE PPE Liab. IB IBD Share Holder’ r’s Equ quity 14.44% 11.51% 12.51% 11.52% 9.42% 7.97% 8.64% 7.95%

5% 10% 15% 20% 31 Dec. 13 31 Mar. 14 30 Jun. 14 30 Sep. 14

ROE ROA 1.30 1.34 1.41 1.52 0.31 0.28 0.30 0.30

0.3 0.6 0.9 1.2 1.5 31 Dec. 1331 Mar. 1430 Jun. 1430 Sep. 14

Net IBD/EBITDA NET IBD/Equity

24

SLIDE 25

AGE GENDA NDA

25

1. MISSION TO BE CONTINUED
2. 3Q/14 OPERATING RESULTS
3. MARKET OUTLOOK

SLIDE 26

CRUDE CRUDE OI OIL:

Boom

oming

g Shal hale e Oil Adv dver ersely A Affec ects G Globa

bal O

Oil P Prices es Thi his Year ear

26

80 90 100 110 120

Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14

USD/ BBL

Refinery Maintenance IEA Cut Oil Demand Growth

Iraq Crisis

Iran’s Sanction Lift Conflict in Ukraine and Crimea Resumed Libya Supply Severe Winter Climate Strong USD Slow Euro/China’s Economy U.S. Oil Production Hit 30- Year Highest at 8.7 MBD

JBC, Barclays, BNP , BoA, Citi, Standard Chartered, Morgan Stanley* JP Morgan, Goldman Sachs*

Shale oil output continues

growing by technology advance

Saudi Arabia fights for market

share

Libya/Iran increase output
Euro/China’s economy slow

down

Stronger USD
Ebola outbreak
OPEC cuts production
Lower oil prices stimulate

economic and spur oil demand

Supply disruption from

geopolitics

* Reuters Poll on October 30, 2014

USD/BBL USD/BBL Saudi Arabia Cut Official Selling Price

SLIDE 27

U. U.S. SHA SHALE OI OIL A AND ND GA GAS: S:

Why hy S Shal hale O Oil C Com

me

e out

ut T

Thi his Muc uch? h?

27

MORE ADVANCED TECHNOLOFY MORE WET GAS FOUND MORE FUNDI NG FROM FI NANCI AL I NSTUTUTI ON MORE PRODUCT EXPORT

MBD

U.S. NET OI L PRODUCT EXPORT LESS CRUDE I MPORT, ESPECI ALLY LI GHT

MBD

West African Crudes

SLIDE 28

RE REFI FINI NING B G BUS USINES NESS:

Fier erce e Com

mpe

petition with h U.S. and and M.E. Ref efiner ers

28

2015 Global Capacity Addition Outpaces Demand Growth

2012 2013 2014 2015

Net Capacity Addition Demand Growth

2015 Major Addition (KBD)

Yanbu (Saudi)

+400

IOC (India)

+300

Petrobas (Brazil)

+230

CNOOC (China)

+140

NOCL (India)

+125

PetroChina

+100

Ruwais (UAE)

+417 (Shift from 2016) 2015 Major Shutdown (KBD)

BP (Australia)
102
10
8
6
4
2

2 4 6 8 10 12 14 16 18 20

2011 2012 2013 2014 (YTD) 2015 (F)

Diesel - Dubai Gasoiline - Dubai Fuel Oil - Dubai

2015 Margin Tends to be Softer than 2014

USD/BBL

14.80 12.00

7.20

Source: PRISM, Oct 14

Factors to be Watched Asia Has More Surplus Gasoil to Export in 2015

1,921 188 689

294

899 1,205 650 1,130

LPG Naphtha Gasoline Jet/ Kero Gasoil Fuel Oil

UNIT: KBD UNIT: KBD Import from U.S./M.E. Import from M.E./West Export to Europe/Africa Export to Europe/M.E. Export to M.E./Africa

1,195
1,120

+ 164 + 356 + 750

1,176

Import from the West

PRODUCT BALANCE IN ASIA 2015 REFINING CAPACITY GROWTH VS. DEMAND GROWTH PRODUCT SPREAD VS. DUBAI CRUDE

Source: IEA, JBC (Oct 14)

15.85 14.57

8.87

17.86 13.66 14.37 17.12 18.27 13.50

8.00
3.30
4.03
U.S. refineries run high operating rate and export

products to Europe

Narrower clean/dirty product spread
Euro/China’s economy slow down
European refineries permanently shut down or lower
perating rates
New refining capacity start-ups delay from plan

Source: JBC (Nov 14)

Gasoil

SLIDE 29

AROM ROMATI ATICS CS B BUS USINE NESS SS:

Par arax axylene ne Still i in n Dow

wn C

n Cycle but but B Bac acked ed by by Vigor gorous B Benz enzene e and and Cyclohex exane

29

More Paraxylene Capacity to Come in 2015 Low Cyclohexane Capacity Growth Boosts 2015 O/R Shale Gas Utilization Strengthens Benzene Margin Lighter Feedstock Reduces Benzene Supply Growth in 2015

60% 64% 68% 72% 76% 80% 84% 88% 92% 0.0 2.0 4.0 6.0 8.0 10.0

2012 2013 2014 2015 Capacity Addition Demand from PTA Global Operating Rate

MT 50% 55% 60% 65% 70% 75% 80%

0.5

0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

MT Operating Rate

2014 2015

N. America
1,612
1,579

Europe

454
400

N.E. Asia 189

378

S.E. Asia 651 789

S. Asia

603 907 Middle East 261 229

200 400 600 800 1,000 1,200 1,400 1,600 1,800

2011 2012 2013 2014 2015 (F)

PX-MOPJ BZ-MOPJ BZ (Korea) PX (Korea)

Source: PRISM, Oct 14 USD/MT

45% 50% 55% 60% 65% 70% 75%

200

200 400 600 800 1,000

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

KT Operating Rate

Derivatives of CX

Caprolactam Adipic Acid Cyclohexanol Other

Operating Rate

50

133 199 349 532 661 200

113

70.3 73.2 1,542 1,497 1,474 1,250 1,156 1,104 1,207 1,301 1,277 1,161 400 5,200 3,985 1,200 2,400 2,500 2,100 87.1 87.0 81.7 81.0

293

2,541 1,185 92 1,406 1,474 1,010 72.4 72.7 71.3 72.3

BZ Balance of Each Region

604 554 552 344 361 166 264 380 370 365

2015 New Capacity (MT)

Reliance

2,250

Sinopec Hainan

600

JSC KazMunaiGas

469

PTTGC

120 Lotte Chemical (200) Total 3,239 Effective Cap 2015 1,392 Carry Over 2014 2,593 Total Eff. Cap. 2015 3,985

2,100 1,175 66.8 64.8 Source: PCI, IHS (Oct 14) Source: IHS (Oct 14) Source: IHS (Oct 14)

MARKET SIZE 45.9 MTA MARKET SIZE 37.1 MTA MARKET SIZE 5.7 MTA

SLIDE 30

30

Shale Gas Utilization Strengthens Benzene Margin Factors to be Watched

AROM ROMATI ATICS CS B BUS USINE NESS SS:

Par arax axylene ne Still i in n Dow

wn C

n Cycle but but B Bac acked ed by by Vigor gorous B Benz enzene e and and Cyclohex exane

200 400 600 800 1,000 1,200 1,400 1,600 1,800

2011 2012 2013 2014 2015 (F)

PX-MOPJ BZ-MOPJ BZ (Korea) PX (Korea)

Source: PRISM, Oct 14 USD/MT 1,542 1,497 1,474 1,250 1,156 1,104 1,207 1,301 1,277 1,161 604 554 552 344 361 166 264 380 370 365

More lighter feedstock further tightens benzene

supply

Tight benzene supply makes cyclohexane more value
Cheap U.S. condensate lowers Far East condensate

prices

North East Asia turns to be benzene net importer
China’s slowdown economy affects polyester demand
Lower phenol price substitutes cyclohexane demand

for caprolactam More Paraxylene Capacity to Come in 2015

60% 64% 68% 72% 76% 80% 84% 88% 92% 0.0 2.0 4.0 6.0 8.0 10.0

2012 2013 2014 2015 Capacity Addition Demand from PTA Global Operating Rate

MT Operating Rate

400 5,200 3,985 1,200 2,400 2,500 2,100 87.1 87.0 81.7 81.0

2015 New Capacity (MT)

Reliance

2,250

Sinopec Hainan

600

JSC KazMunaiGas

469

PTTGC

120 Lotte Chemical (200) Total 3,239 Effective Cap 2015 1,392 Carry Over 2014 2,593 Total Eff. Cap. 2015 3,985

2,100 Source: PCI, IHS (Oct 14)

Lighter Feedstock Reduces Benzene Supply Growth in 2015

50% 55% 60% 65% 70% 75% 80%

0.5

0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

MT Operating Rate

2014 2015

N. America
1,612
1,579

Europe

454
400

N.E. Asia 189

378

S.E. Asia 651 789

S. Asia

603 907 Middle East 261 229

293

2,541 1,185 92 1,406 1,474 1,010 72.4 72.7 71.3 72.3

BZ Balance of Each Region

1,175 Source: IHS (Oct 14)

MARKET SIZE 45.9 MTA MARKET SIZE 37.1 MTA

SLIDE 31

POL OLYE YETHY THYLENE NE BUS USINE NESS:

Cont

ntinue

ue S Stron

ng M

Mar argi gin, U U.S. C Crac acker P Proj

jec

ects Li Likel ely t to

be

be Del elay ayed ed and C and Cos

stly

31

2015 Ethylene Demand Growth Outpaces Capacity Addition Tight Ethylene Supports HDPE Price above USD 1,400/MT Factors to be Watched Polyethylene Operating Rate Remains High in 2015

200 400 600 800 1,000 1,200 1,400 1,600 1,800

2011 2012 2013 2014 2015

HDPE-Ethylene Ethylene-MOPJ Ethylene HDPE

Source: PRISM, Oct 14 USD/MT 85.6 85.8 87.6 88.2 88.0

83 84 85 86 87 88 89

2.0

0.0 2.0 4.0 6.0 8.0 10.0 2012 2013 2014 2015 2016 Americas W.Europe Middle East/Africa Asia Others Demand Growth Global OR MT % Operating Rate

83.6 83.2 84.9 84.9 83.9

80 81 82 83 84 85 86

2.0

0.0 2.0 4.0 6.0 8.0 10.0 2012 2013 2014 2015 2016 Americas W.Europe Middle East/Africa Asia Others Demand Growth Global OR MT % Operating Rate

1,366 1,371 1,488 1,557 1,421 1,187 1,230 1,352 1,423 1,286 179 141 135 134 135 490 537 431 287 249

U.S. cracker expansion projects are likely to be

delayed and more costly

More plant closures in Europe (1,645 KTA announced

until 2015)

Constraints of Coal-to-Olefins plants in China
Lower oil price stimulates PE demand
Weak naphtha price pulls HDPE price down
Lower polypropylene (PP) price harms PE demand

2.3 3.9 5.8 6.0 6.1 1.8 2.9 3.6 4.2 4.2 Source: IHS (Oct 14) Source: IHS (Oct 14)

MARKET SIZE 145.0 MTA MARKET SIZE 89.1 MTA

SLIDE 32

PROP ROPYLENE NE/BUTA BUTADI DIENE BUS NE BUSINE NESS:

Moder

derate M

Mar argi gins as as a a Res esul ult of

f E

Exces ess Capac apacity

32

New On-purpose Propylene Capacity Brings O/R Down Margins to be Pressured by Excess Capacity Factors to be Watched New Butadiene Capacity Pressures O/R in 2015

Source: PRISM, Oct 14 USD/MT 80.1 80.3 80.7 79.5 78.6

76 77 78 79 80 81 82

2.0

0.0 2.0 4.0 6.0 8.0 10.0 2012 2013 2014 2015 2016 Others Asia Middle East/Africa W.Europe Americas Demand Growth Global OR MT % Operating Rate

79.8 78.0 76.4 75.0 75.9

69 71 73 75 77 79 81 0.0 0.2 0.4 0.6 0.8 1.0 1.2 2012 2013 2014 2015 2016 Americas W.Europe Middle East/Africa Asia Others Demand Growth Global OR MT % Operating Rate 400 800 1,200 1,600 2,000 2,400 2,800

2011 2012 2013 2014 2015

Propylene-MOPJ Butadiene-MOPJ Butadiene Propylene

Constraints CTO/PDH plants in China
High operating rate of ethylene increases propylene

supply

Falling natural rubber price lower butadiene demand
Slow growth of vehicle sales

448 324 405 394 372 1,804 1,244 550 410 420 2,742 2,188 1,471 1,296 1,216 1,168 1,280 1,326 1,267 1,386 1.7 2.9 4.4 4.5 4.2 0.1 0.3 0.6 0.5 0.4 Source: IHS (Oct 14) Source: IHS (Oct 14)

MARKET SIZE 92.7 MTA MARKET SIZE 11.6 MTA

SLIDE 33

300 400 500 600 700 800 900 1,000 1,100

0.5

1.0 1.5 2.0 2.5 3.0 3.5 4.0

2014 2015

USD/MT

MONOETHY ONOETHYLENE NE GL GLYCOL COL B BUSI USINE NESS SS:

Dem eman and d and and Suppl upply ar are W e Wel ell B Bal alan anced d but but P Price D Depen epends ds on

n PTA

33

Capacity Grows Balanced with Demand 2015 Margin Tends to Improve from 2014 Factors to be Watched Price will Rebound as Inventory Declines

MT

438 253 204 34 80 1,185 1,028 1,055 929 890

100 200 300 400 500 600 700 500 600 700 800 900 1,000 1,100 1,200 1,300 1,400

2011 2012 2013 2014 2015

MEG Margin (0.63xEthylene) MEG Price PTA Price 78% 80% 82% 84% 86% 88% 90% 0.0 0.5 1.0 1.5 2.0 2.5

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

MT Operating Rate

Source: PRISM, Oct 14 USD/MT 961 1,225 1,538 421 86.7 88.1 88.4 845 1,466

Low production from coal-based due to quality
Improved PTA price as high-cost producers cut run
Slow polyester demand growth if China’s economy

cools down

Strong ethylene cost squeezes margin
840 KTA of coal-based

MEG will start up in 2015

But expect to be

unable to run at high rate due to low quality INVENTORY IN CHINA

MEG Demand MEG Price (ASP) 1,286 88.3 1,101 Source: ICIS (Oct 14) Source: IHS (Oct 14)

MARKET SIZE 25.5 MTA

Low Season

SLIDE 34

PHENOL HENOL/BPA B BUS USINES NESS:

Dow

wnw

nward P Pres essur ure on

n Pheno

henol Mar argi gin n but but B BPA i is OK

34

Two New Phenol Plants will Start up by End of 2014 Phenol Margin to be Softer but BPA will Improve Factors to be Watched Little New More BPA Capacity in 2015 Makes OR Increase

55% 60% 65% 70% 75% 80% 85% 90% 95% 200 400 600 800 1,000 1,200 1,400 1,600

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

KT Operating Rate 45% 50% 55% 60% 65% 70% 75% 80% 85% 100 200 300 400 500 600 700 800

2012 2013 2014 2015 Capacity Addition Demand Growth Global Operating Rate

KT Operating Rate

698 407 338 428 358 373 168 196 171 218 2,084 1,675 1,710 1,718 1,612 1,663 1,443 1,416 1,462 1,313 1,069 1,010 1,125 1,099 1,002

250 500 750 1,000 1,250 1,500 1,750 2,000 2,250

2011 2012 2013 2014 (E) 2015 (F) BPA Margin Phenol Margin BPA Phenol Acetone Source: PRISM, Oct 14 USD/MT 615 160 725 204

Start up by end of 2014

CEPSA Chemical

Shanghai (250 KTA)

FCFC Ningbo (300

KTA)

Start up mid of 2015

PTTGC 250 KTA

Start up 2015

Nan Ya Plastics (150

KTA)

Changchun Plastic

(135 KTA)

385 55 306 258 87.8 80.0 285 91 182 55 286 148 78.8 72.1 74.4 210

Strong benzene price squeezes phenol margin
Market adaptability to deal with biggest oversupply

situation

Phenol-based caprolactam switch from cyclohexane
Polycarbonate maintains high price and margin

845 75.5 77.2 Source: IHS (Oct 14) Source: IHS (Oct 14) 82.9

MARKET SIZE 5.4 MTA MARKET SIZE 10.0 MTA

SLIDE 35

35 For further information & enquiries, please contact our Investor Relations Team at IR@pttgcgroup.com

1 Thitipong Jurapornsiridee VP - Corporate Finance & IR

Thitipong.j@pttgcgroup.com

+662-265-8574 2 Puvadol Vasudhara IR Manager

Puvadol.v@pttgcgroup.com

+662-140-8712 3 Panugorn Puengpradit IR Analyst

Panugorn.p@pttgcgroup.com

+662-140-8714 4 Prang Chudasring IR Analyst

Prang.c@pttgcgroup.com

+662-265-8327 5 Supika Charudhanes IR Analyst

Supika.c@pttgcgroup.com

+662-265-8533 6 Chutima Jarikasem IR Coordinator

Chutima.j@pttgcgroup.com

+662-140-8713