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1 I Company Profile

BANGCHAK CORPORATION PUBLIC COMPANY LIMITED

COMPANY PROFILE


2098 M Tower Building, 8th Floor, Sukhumvit Road, Phra Khanong Tai, Phra Khanong, Bangkok 10260 Thailand.

Tel.: +66 2335 8663, +66 2335 8518, +66 2335 4370

Email: [email protected]

1 I Company Profile1 I Company Profile

WHAT GUIDE US

VISION

CORE VALUE

MISSIONTo be the leading Asian greenovation group, founded on good corporate governance, through inclusiveness and sustainability

Bangchak is committed to bringing disruptive and inclusive Greenovation to delight our customers, being a trusted partner and value creator for all stakeholders, and promoting sustainable development of society.

We emphasize inclusive and sustainable business, pursue domestic andoverseas expansion, embrace good corporate governance principles, andnurture a high-performance organization, learning culture and happyworkplace.

Innovation Agility & Mobility BeyondExpectation

ContinuousDevelopment

Pursuit ofSustainability


BUSINESS STRATEGIESTo achieve its short-term and long-term goals, Bangchak relies on the 3Ss Strategy.

Security (S1)

Strengthening national energy security by emphasizing upstream energy

Stability (S2)

Diversifying and expanding business portfolio into steady-income businesses

Sustainability (S3)

Developing new and related businessesto existing core businesses

Security Stability Sustainability

Bangchak manages its portfolio for growth with an investment focus on businesses with steady revenue streams as well as steady returns and low external risks, including green power plants (BCPG). To diversify risks, the company engages in risk management throughout its production chain covering assorted businesses in order to sustain volatility.

Bangchak carries out this strategy jointly through its Refinery, Marketing, Natural Resource, and Bio-based Product Businesses by supplying, producing, and distributing refined products and biofuels to meet the demand of the business sector and the public—governed by the overall trend of energy demand. Though EVs command a growth outlook, today we still see these businesses of Bangchak as a necessity for growing national energy demand.

Bangchak develops related businesses that support or extend its core businesses’ growth and sustainability to accommodate future technology and change, including the lithium battery business that accommodates EV car growth. Bangchak leverages innovations benefiting the environment and society via BiiC, which focuses on the pursuit of startup investment and R&D activities to relentlessly grow green and bio-based product businesses worldwide.

3 I Company Profile

2 I Company Profile 3 I Company Profile

TOWARDS SUSTAINABLE GROWTH

1994Listed in SET IPO

1984Established“Bangchak”on 8th November

2004LaunchedBiofuel Products (Biodiesel, Gasohol)

Established Biodiesel Business

Converted to Complex Refinery

2009

2015Expanded investments toE&P business

2006First Inthanin Coffee shop

Launched Bangchak Gasohol Club card

2011

Begun commercial operation of Solar power plant in Bang Pa-in, Ayudhya

Achieved Euro IVStandard

3 I Company Profile

3 I Company Profile

2018Expanded investment in petroleum deposits operated by OKEA AS in Norway

Established 4 companies to engage in innovative Green Energy businesses

2017Company changedits name to BangchakCorporation Plc.

BCPG expanded to Wind & Geothermal power plant businesses

Established Oil Trading Business Established Bangchak Retail & launched SPAR Thailand

Acquired Solar Power Plant Business in Japan

Listed “BCPG”

Listed OKEA ASA to OSLO stock market

Acquired Nam San 3A, Hydro Power Plant in Laos

Launched GEMS, a prototype on clean energy electricity bidding in the future

2016

2019

4 I Company Profile 5 I Company Profile5 I Company Profile

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

46.52%

Subsidiary Associated Company

As of December 2019

Other Company

Marketing BusinessRefinery and

Trading BusinessNatural Resources Business and Business Development

100.00%

30.00%

4.95%

100.00%

49.00%

40.00%

Bio-Based ProductsBusiness

60.00%

100.00%

85.00%

70.00%

21.28%

100.00%

100.00%

100.00%

Exploration and Production Business

100.00%

100.00%

100.00%

100.00%

15.86%

5.45%

50.00%

100.00%

100.00%

Innovation Business

60.73%14.66%Vayupak Fund 1 Public

9.98%Ministry of Finance

14.63%Social Security Office

Register Capital and Paid – up Capital 1,376,923,157 Baht

The date to list shareholders is 5 March 2020

Bangchak Corporation Public Company Limited.

70.04%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

75.00%

100.00%

100.00%

33.33%

45.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

40.00%

100.00%

Green Power Business

100.00% 100.00%

1.15%

100.00%

OKEA ASA

Nido Petroleum Pty Ltd.

Nido Petroleum (Holding) Pty Ltd.

Nido PetroleumIndonesia (Holding)Pty Ltd.

Nido PetroleumIndonesia (Gurita) Pty Ltd.

Nido PetroleumIndonesia (Cakalang)Pty Ltd.

Nido PetroleumIndonesia (Baronang) Pty Ltd.

BCP Energy International Pte. Ltd.

BCPR Co., Ltd.

Nido Petroleum Phillippines Pty Ltd.

BCPR Pte. Ltd.

Bangchak RetailCo., Ltd.

Bangchak Green Net Co., Ltd.

Oam Suk Social Enterprise Co., Ltd.

Bongkot Marine Service Co., Ltd.

Fuel Pipeline TransportationCo., Ltd.

BCP Trading Pte. Ltd.

Bangchak Corporation Plc. Bangchak Corporation Plc.

BCPG Engineering Company

BBGI Plc.

KSL Green Innovation Plc.

Bangchak Bioethanol(Chachoengsao) Co., Ltd.

Bangchak Biofuel Co., Ltd.

Ubon Bio Ethanol Plc.

Ubon Agricutural Energy Co., Ltd.

Ubon Biogas Co., Ltd.

NB Bio EnergyCo., Ltd.

BCP Innovation Pte. Ltd.

BCV Bio Based Co., Ltd.

BCV Energy Co., Ltd.

BCV Innovation Co., Ltd.

BCV Partnership Co., Ltd.

Lithium Americas Corp.

Bonumose LLC.

Enevate Corporation

Minera Exar S.A.

Lithium Nevada Corp.

Rheo Minerals Inc.

BCPG Plc.

Bangchak Solar EnergyCo., Ltd.

Bangchak Solar Energy (Chaiyaphum1) Co., Ltd.

Bangchak Solar Energy (Nakhonratchasima) Co., Ltd.

Bangchak Solar Energy (Buriram1) Co., Ltd.

Bangchak Solar Energy(Buriram) Co., Ltd.

Bangchak Solar Energy(Prachinburi) Co., Ltd.

BCPG Investment Holding Pte. Ltd.

Lomligor Co.,Ltd.

Thai Digital Energy Development Co., Ltd.

BCPG Indochina Co., Ltd.

Nam Sam 3A Sole Co., Ltd.

Star Energy Group Holdings Pte. Ltd.

Impact Energy Asia Development Limited

Huang Ming Japan Co., Ltd.

BSE Energy Holding Pte. Ltd.

Greenergy Holding Pte. Ltd.

Greenergy Power Pte. Ltd.

BCPG Wind Cooperatief U.A

BCPG Japan Corporation

PetroWind Energy Inc

Bangchak Ventures Pte. Ltd.

MANAGEMENT TEAM

1. Mr. Chaiwat Kovavisarach President and Chief Executive Officer Director with Authorized Signature

2. Mr. Chalermchai Udomranu Senior Executive Advisor, Refinery Business Group

3. Mr. Pongchai Chaichirawiwat Senior Executive Vice President, appointed to BBGI Public Company Limited

4. Mr. Somchai Tejavanija Chief Marketing Officer & Senior Executive Vice President, Marketing Business Group

5. Mr. Bundit Sapianchai Senior Executive Vice President, appointed to BCPG Public Company Limited

6. Mr. Surachai Kositsareewong Senior Executive Vice President, Accounting and Finance Group

7. Mr. Chokchai Atsawarangsalit Executive Vice President acting Senior Executive Vice President, Corporate Management and Sustainability Development

8. Mr. Viboon Wongsakul Executive Vice President acting Senior Executive Vice President, Corporate Strategic Planning and Sustainability Development Group, appointed to Bangchak Retail Company Limited

9. Mr. Pativat Tivasasit Executive Vice President, Refinery Manufacturing Business acting Senior Executive Vice President, Refinery Business Unit


100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

46.52%

Subsidiary Associated Company

As of December 2019

Other Company

Marketing BusinessRefinery and

Trading BusinessNatural Resources Business and Business Development

100.00%

30.00%

4.95%

100.00%

49.00%

40.00%

Bio-Based ProductsBusiness

60.00%

100.00%

85.00%

70.00%

21.28%

100.00%

100.00%

100.00%

Exploration and Production Business

100.00%

100.00%

100.00%

100.00%

15.86%

5.45%

50.00%

100.00%

100.00%

Innovation Business

60.73%14.66%Vayupak Fund 1 Public

9.98%Ministry of Finance

14.63%Social Security Office

Register Capital and Paid – up Capital 1,376,923,157 Baht

The date to list shareholders is 5 March 2020

Bangchak Corporation Public Company Limited.

70.04%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

75.00%

100.00%

100.00%

33.33%

45.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

40.00%

100.00%

Green Power Business

100.00% 100.00%

1.15%

100.00%

OKEA ASA

Nido Petroleum Pty Ltd.

Nido Petroleum (Holding) Pty Ltd.

Nido PetroleumIndonesia (Holding)Pty Ltd.

Nido PetroleumIndonesia (Gurita) Pty Ltd.

Nido PetroleumIndonesia (Cakalang)Pty Ltd.

Nido PetroleumIndonesia (Baronang) Pty Ltd.

BCP Energy International Pte. Ltd.

BCPR Co., Ltd.

Nido Petroleum Phillippines Pty Ltd.

BCPR Pte. Ltd.

Bangchak RetailCo., Ltd.

Bangchak Green Net Co., Ltd.

Oam Suk Social Enterprise Co., Ltd.

Bongkot Marine Service Co., Ltd.

Fuel Pipeline TransportationCo., Ltd.

BCP Trading Pte. Ltd.

Bangchak Corporation Plc. Bangchak Corporation Plc.

BCPG Engineering Company

BBGI Plc.

KSL Green Innovation Plc.

Bangchak Bioethanol(Chachoengsao) Co., Ltd.

Bangchak Biofuel Co., Ltd.

Ubon Bio Ethanol Plc.

Ubon Agricutural Energy Co., Ltd.

Ubon Biogas Co., Ltd.

NB Bio EnergyCo., Ltd.

BCP Innovation Pte. Ltd.

BCV Bio Based Co., Ltd.

BCV Energy Co., Ltd.

BCV Innovation Co., Ltd.

BCV Partnership Co., Ltd.

Lithium Americas Corp.

Bonumose LLC.

Enevate Corporation

Minera Exar S.A.

Lithium Nevada Corp.

Rheo Minerals Inc.

BCPG Plc.

Bangchak Solar EnergyCo., Ltd.

Bangchak Solar Energy (Chaiyaphum1) Co., Ltd.

Bangchak Solar Energy (Nakhonratchasima) Co., Ltd.

Bangchak Solar Energy (Buriram1) Co., Ltd.

Bangchak Solar Energy(Buriram) Co., Ltd.

Bangchak Solar Energy(Prachinburi) Co., Ltd.

BCPG Investment Holding Pte. Ltd.

Lomligor Co.,Ltd.

Thai Digital Energy Development Co., Ltd.

BCPG Indochina Co., Ltd.

Nam Sam 3A Sole Co., Ltd.

Star Energy Group Holdings Pte. Ltd.

Impact Energy Asia Development Limited

Huang Ming Japan Co., Ltd.

BSE Energy Holding Pte. Ltd.

Greenergy Holding Pte. Ltd.

Greenergy Power Pte. Ltd.

BCPG Wind Cooperatief U.A

BCPG Japan Corporation

PetroWind Energy Inc

Bangchak Ventures Pte. Ltd.

SHAREHOLDING STRUCTURE

7 I Company Profile


BANGCHAK’S BUSINESS PORTFOLIO

Refinery and Oil Trading Group

Marketing Business Group

Green Energy Business

Bio-based Product Business

Natural Resources and Business Development Business

Thailand’s largest biofuel (Ethanol and Biodiesel) producer and distributor with focuses on lower trade deficits due to fuel imports and contribute to national energy security

Invests in the green power business (BCPG) to engage in the generation and distribution of power from renewables and new forms of clean energy in domestic and overseas, including solar power, wind power, geothermal power and hydropower

Distribution channels through more than 1,200 service stations, complete with non-oil businesses and assorted services to constantly grow market share

Complex refinery with capacity of 120 KBD, with focuses on improving process energy stability and enhancing the efficiency of refining processes with the 3E and Rocket Project to raise output and improved operation for optimal benefits and integration with own distribution channels

Consisting of Petroleum Exploration & Production, and Lithium mining business to grow the output capacity in fields of high potential

7 I Company Profile

7 I Company Profile

BANGCHAK’S REFINERY CHARACTERISTIC

Refinery and Oil Trading Group Bangchak Refinery is a modern complex refinery, able to produce a large volume of premium gasoline and diesel. Gasohol and diesel products are certified by the government as Euro 4 Standard-compliant. Its refinery is the first in Asia that produces eco-friendly Gasohol E20 to meet the Euro 5 Standard.

• Modern complex Refinery with a nameplate capacity of 120,000 Barrel per day• Enhance the efficiency of refining processes for optimal benefits and stability in tandem with the reduction of carbon dioxide with the 3E and Rocket Project • Owned distribution channels for supply chain optimization• Constantly develop the oil trading business stressing growth in trading market to new business partners and new products

01.

9 I Company Profile

TAM = Turnaround Maintenance Period

ActualCrude Run

Utilization Rate

2013 20152012TAM

2014TAM

2016TAM

2018TAM

2017

61%

83%72%

94%84% 93% 85%

PRODUCTION PROFILE

34%Domestic

66%International

LPG 2%

Gasoline 18%Jet 13%

Diesel 51%UCO 4%

Fuel oil 11%

PRODUCT YIELD 2019

to produce high quality and environmental friendly products

Bangchak Refinery uses > 20 different crude sources (domestic and International)

2019

94%

CRUDE SOURCING

2019

74KBD

99KBD 86

KBD

113KBD 101

KBD

111KBD 102

KBD

113KBD

CAPACITY EXPANSION & EFFICIENCY IMPROVEMENT

3E Project : Efficiency, Energy and Environment

Co Generation Power Plant #3 (≈12 MW)Completed in 2017

Flexible Product Yieldto capture market demand

Cost Saving from Energy Optimizationand electricity stability in production processes

HCU DebottleneckingHigher Optimal Crude run

Continuous Catalyst Regeneration Unit (CCR)(CCR : Higher Capacity & Maintenance cycle extension from 18 months to 30 - 36 months) To be completed in 2020

Rocket Project to raiseoutput and improve operation for optimal benefits



Distribution Channels

Unit: % Portion of total sales volume in 2019TOTAL SALES VOLUME

EXPORT

14%

WHOLESALE

7%RETAILMARKET

55%

BCPT HQ in Singapore

More Product Varieties

Derivatives Trading

OIL TRADING BUSINESSOperated by BCP trading Pte. Ltd., covering Asia-Pacific region, Australia and United States of America and continuously expanding to cover more transactions including

TRADING VOLUME (MBBL)

2018 2019

REFINERY

INDUSTRIALMARKET

24%

15.31

26.12

11 I Company Profile

BANGCHAK’S MARKETING CHARACTERISTIC

Marketing Business Group Main distribution channel of oil and lubricant products through more than 1,200 service stations nationwide, and directly sell to industrial sectors, as well as providing Non-oil services to satisfy customer expectation and constantly increase market share

Conducting the business of retailing petroleum fuel and lubricant products focusing on selling through service stations under the concept of “Greenovative Experience” to maintain the No. 2 market share, while recording market share of 16%

02.

Focusing on distribution and improvement of high-performance environmentally friendly green renewable fuels, embracing the gasohol and diesel products

Emphasizing great customer experience with Non-oil business and various services including SPAR convenient stores, Inthanin coffee shops, partner stores, and centers for lubricant replacement and car wash

Marketing products to airlines, industrial, transport, construction and agricultural sectors



as of December 2019

1,201Sites

STANDARD TYPE

589Sites

CO-OP TYPE

612Sites

2012 2013 2014 2015 2016 20182017

13.8%

14.8%

15.1%15.0% 15.1%

15.4%15.8%

HISTORICAL MARKET SHARE Retail Channel by Sales Volume

1,000

900

800

700

600

500

400

300

CAGR 7% FROM 2012-2019

Unit: ML/Quarter

Push forward higher sales volume through the highest margin channel

TOTAL SALES VOLUME

“THE FRESH QUALITY ECO-COFFEE IN THAILAND” More than 600 Inthanin coffee shops nationwide, both in service station and stand alone, serve 100% Arabica coffee beans roasted with specific process while giving back to the community and environment nationwide

“THE BEST FRESH & EASY FOODS MARKET IN THAILAND” With impressive customer service, 46 franchise stores of a world-class Dutch retail chain are offering an extensive range of freshly cooked foods and healthy products

SERVICESTATIONS

SERVICE STATIONS

NON-OIL BUSINESS Non–Oil business operated by Bangchak Retail Co., Ltd (BCP), focusing on expanding and developing convenience stores and coffee shops in service stations to enhance customer experience and induce more customers. It became a crucial part to the expansion plan of marketing business group.

Retail Market Industrial Market

2019

16%

2012 2013 2014 2015 2016 2017 2018 2019


NON-OIL BUSINESS EXPANSIONTo attract more customers and support modern consumer lifestyles

NETWORK EXPANSIONFocus on high potential areas, with service stations of distinguishedcharacter, harmoniously customized to customer needs

CURRENT NETWORK OPTIMIZATIONTo enhance consumer experiences• Employ technology to advance Loyalty Program• Develop high-performance environmentally friendly products• Upgrade standard of customer services


Thailand

Indonesia

The Philippines

Japan

SOLAR POWER WIND POWER HYDROPOWERGEOTHERMAL POWER

CONTRACTED MW by Technology

452 MWppa

Operating : Solar 142 MWppa : Wind 9 MWppaDeveloping : Solar 15.5 MWppa

Operating : 14 MWppaDeveloping : 6 MWppa



LaosOperating : Hydro 114 MWppaDeveloping : Wind 270 MWppa

Hydro114

Solar157

Wind23

Geothermal158


BCPG DEVELOPS THIS BUSINESS BY LEVERAGING THE 4Es STRATEGIES

Green Energy Business Operated by BCPG Pcl, invests in the green power business to engage in the generation and distribution of power from renewables and new forms of clean energy including solar power, wind power, geothermal power and hydropower both domestic and international.

Expanding: Focus on growth in its core business by expanding major power plants through organic growth and inorganic growth (acquisition)

Extending: Grow business to accommodate the emerging energy business

Enhancing: Develop and grow the potential of current power plants for maximum efficiency

Evaluating: Manage assets and review investment portfolio management for satisfactory returns

03.


Thailand

Indonesia

The Philippines

Japan

SOLAR POWER WIND POWER HYDROPOWERGEOTHERMAL POWER

CONTRACTED MW by Technology

452 MWppa

Operating : Solar 142 MWppa : Wind 9 MWppaDeveloping : Solar 15.5 MWppa




LaosOperating : Hydro 114 MWppaDeveloping : Wind 270 MWppa

Hydro114

Solar157

Wind23

Geothermal158


BCPG has a total capacity of 452 MWppa with a further 390 MWppa being developed.

Data as of February 2020


BIODIESELBUSINESS

Ayudhaya

Cru

de p

alm

oil

1,000,000 L/D

Operated by BBFBBGI holds 70%

ChachoengsaoKhonkaen

Kanchanaburi

ETHANOL BUSINESS

300,000 L/DOperates under KGI-BPBBGI holds 100%

150,000 L/D+200,000 L/D (COD Q3/2021)

Pure Glycerin(COD Q4/2020)

Operated by KGI - NPBBGI holds 100%

Cas

sava 150,000 L/D

Operates under BBEBBGI holds 85%M

olas

ses

Target2,050,000L/D

BIOMATERIALS BIOCHEMICALS

RESEARCH & DEVELOPMENT PROJECT SCOPES

BBGI – Biofuel Production Capacity

Together with Bangchak Initiative and Innovation Center (BiiC), and the Asian Institute of Technology (AIT), Thailand’s leading research and technology institute, BBGI group’s R&D project include:

(e.g. Biodegradable Plastics, Recycle Packaging)

(e.g. Food Supplements, Cosmetics)

Existing

1,600,000L/D

Registered Capital : 3,615 THB Million(Paid-Up Capital : 2,532 THB Million)

40% 60%

BBGI’S STRUCTURE

AyudhayaChachoengsao

Kanchanaburi

Khonkaen


Bio-Based Product Business Largest biofuel (Biodiesel and Ethanol) producer and distributor in Thailand. Focusing on development of high-value bio-based products

04.


BIODIESELBUSINESS

Ayudhaya

Cru

de p

alm

oil

1,000,000 L/D

Operated by BBFBBGI holds 70%

ChachoengsaoKhonkaen

Kanchanaburi

ETHANOL BUSINESS

300,000 L/DOperates under KGI-BPBBGI holds 100%

150,000 L/D+200,000 L/D (COD Q3/2021)

Pure Glycerin(COD Q4/2020)

Operated by KGI - NPBBGI holds 100%

Cas

sava 150,000 L/D

Operates under BBEBBGI holds 85%M

olas

ses

Target2,050,000L/D

BIOMATERIALS BIOCHEMICALS

RESEARCH & DEVELOPMENT PROJECT SCOPES

BBGI – Biofuel Production Capacity

Together with Bangchak Initiative and Innovation Center (BiiC), and the Asian Institute of Technology (AIT), Thailand’s leading research and technology institute, BBGI group’s R&D project include:

(e.g. Biodegradable Plastics, Recycle Packaging)

(e.g. Food Supplements, Cosmetics)

Existing

1,600,000L/D

Registered Capital : 3,615 THB Million(Paid-Up Capital : 2,532 THB Million)

40% 60%

BBGI’S STRUCTURE

AyudhayaChachoengsao

Kanchanaburi

Khonkaen



OKEA ASA

BCPI holds

As of December 201915.8% in LAC

BCPR holds

As of February 202046.5% in OKEA ASA

BCPI invested $ 37 million in LAC

BCPI now the 2nd largest shareholder of LAC

Its business is lithium mining in Argentinaand the United States

Cauchari-Olaroz project expects COD of 40,000 tpa early 2021

OKEA ASA holds rights to the Draugen, Gjoa, Ivar Aasen, Yme, and Grevling oil fields and exploration rights in Norway

Output capacity of 20 KBOED

Its goal investment growth is to raise the output capacity in high-potential petroleum deposits

Ivar Aasen

Producing

0.55% 15% 35%44.56% 12%Yme GrevlingDraugen Gjoa

Developing

OKEA ASA’s PETROLEUM ASSETS

OKEA ASA

BCPI holds


BCPR holds









Ivar Aasen

Producing


Developing



Natural Resources Business In charge of the development of upstream petroleum businesses and lithium mining business to support the company’s production capacity and long term competitiveness.

05.


OKEA ASA

BCPI holds


BCPR holds









Ivar Aasen

Producing


Developing


OKEA ASA

BCPI holds


BCPR holds









Ivar Aasen

Producing


Developing



Listed in Oslo Stock Exchange Listed in Toronto and New York Stock Exchange


BANGCHAK INITIATIVE AND INNOVATION CENTER (BiiC)

International Innovation Award

Thailand EnergyAward

ASEAN EnergyAward (International)

SET AWARD: Best InnovativeCompany Award

Bangchak Initiative and Innovation Center (BiiC) explores opportunities for collaboration with various partners to develop business innovation that will generate new income and profit in the fields of Green Energy and Bio-based Technology. BiiC is divided into three groups, as follows.

Invest in global innovative and disruptive startups to create new strategic partnerships and business opportunities for Bangchak group.

Collaborate and fund research institutes and universities for joint research and development of innovation products in the field of green technology and bio-based including getting Intellectual Property protection.

Create an ecosystem to support innovation through network collaboration and incubate the growth of internal and external startups to create new customer experiences, increase revenue and efficiency for Bangchak businesses.

BiiC was recognized with the following awards from GEMS (Green Community Energy Management System) - a Bangchak service station that produces green energy for tenant buildings in the community, reducing energy cost and supporting future energy trading mechanism through an auction exchange based on Block chain technology.

R&D (Research and Development)

CVC (Corporate Venture Capital)

E&I (Ecosystem and Incubation)

• Best Investor Relations Company for the eighth consecutive year • Asia’s Best CEO (IR) for the fourth consecutive year • Asia’s Best CFO (IR) for the second consecutive year • Best Investor Relations Professional (Thailand)

• Leadership Excellence• Innovation Excellence• Sustainable Development

The Global GoodGovernance (3G) Awards 2019• The 3G Best CSR Award 2019 for the second consecutive year • The 3G Best Green Initiative Award 2019

Asian Excellence Recognition Awards2019

SET Award 2019

• Best Innovative Company Award

Thailand Corporate Excellence Awards2019

SET Sustainability Awards 2019

• Sustainability Excellence Award of Honor for three consecutive years• Thailand Sustainability Investment (THSI) listed companies for the fifth consecutive year

Thailand Energy Award2019



• Best Investor Relations Company for the eighth consecutive year • Asia’s Best CEO (IR) for the fourth consecutive year • Asia’s Best CFO (IR) for the second consecutive year • Best Investor Relations Professional (Thailand)

• Leadership Excellence• Innovation Excellence• Sustainable Development

The Global GoodGovernance (3G) Awards 2019• The 3G Best CSR Award 2019 for the second consecutive year • The 3G Best Green Initiative Award 2019

Asian Excellence Recognition Awards2019

SET Award 2019

• Best Innovative Company Award

Thailand Corporate Excellence Awards2019

SET Sustainability Awards 2019

• Sustainability Excellence Award of Honor for three consecutive years• Thailand Sustainability Investment (THSI) listed companies for the fifth consecutive year

Thailand Energy Award2019


BANGCHAK AND SUSTAINABILITY

AWARDS & RECOGNITIONS

Bangchak hosted its annual seminar to update the knowledge about innovation and technology needed for global climate change. In 2019 organized “SynBio Forum 2019, Synthetic Biology: World ChangingScience”, presenting the views of private and public advocates including an exhibition on information and products from Synbio Innovation for ongoing environmental and social activities that the company has consistently implemented.

Bangchak is constantly committed to sustainable business innovation in tandem with environmental and social sustainability under its 3Ss corporate strategies (Security, Stability & Sustainability) and its 4 Greens Strategies (Green Business, Green Production, Greenovative Experience & Green Society) so as to duly build on its sustainability for business while efficiently meet stakeholders’

Bangchak launched campaign “Rak Pun Sook” to help reduce plastic waste from PET to enter the circular economy concept that can be reused. Along with “Cup Recycling for Seedings” project promoting the use of biodegradable cups for seedlings, this initiative will accept donations of used coffee cups from Inthanin outlets for the Royal Forest Department to use as seedling-preparation equipment. Inthanin cups are biodegradable. Under appropriate conditions, they can decompose on their own.

Bangchak launched Green Impact project, promoting farmers’ and the new generation’s participation in the development of goods and services by leveraging innovation and technology to raise national competitiveness and expand on the concept of business growth for sustainability while addressing the UN SDGs through assorted activities such as utilizing agricultural products in promotional campaigns at service stations.

needs and expectations.

Bangchak strives to develop and invest in undertakings or projects that are compatible with its economic model leading to sustainable development, which characterized by three economies: Bio Economy, Circular Economy, and Green Economy.


BCP Bangchak Corporation Public Company Limited

18.50Price (B.)

33.75 / 13.4052 Week High/Low

14.51P / E (X)

0.49P / BV (X)

As of 13 April 2020

Paid-up (MB.)1,376.92

Resources/Energy & UtilitiesSET100 / SETHD / SETCLMV / SETTHSI / MSCI Thailand / ESG 100

Establish Date 08/11/1984

Listed Date 02/08/1994

Par1.00 Baht

Market Cap (MB.)25,473.08

Foreign Shareholder9.24%

NVDR Shareholder6.79%

% OF SHAREHOLDER As of 5 March 2020

Ministry of Finance 9.98%

Vayupak Fund 1 14.66%

Social Security Office 14.63%

Public 60.73%



Sustainable Innovative Business Development in Harmony with the Environment and Society Its core business is petroleum refining to produce high-standard products from domestic and international sources. With a capacity of 120,000 barrels per day, Bangchak produces and distributes its products through more than 1,200 service stations nationwide. It has expanded its businesses to oil trading, green power, bio-based products, natural resources, and business development.


BCP Bangchak Corporation Public Company Limited

18.50Price (B.)

33.75 / 13.4052 Week High/Low

14.51P / E (X)

0.49P / BV (X)

As of 13 April 2020

Paid-up (MB.)1,376.92

Resources/Energy & UtilitiesSET100 / SETHD / SETCLMV / SETTHSI / MSCI Thailand / ESG 100

Establish Date 08/11/1984

Listed Date 02/08/1994

Par1.00 Baht

Market Cap (MB.)25,473.08

Foreign Shareholder9.24%

NVDR Shareholder6.79%

% OF SHAREHOLDER As of 5 March 2020

Ministry of Finance 9.98%

Vayupak Fund 1 14.66%

Social Security Office 14.63%

Public 60.73%

STOCK INFORMATION

DISCLAIMERThe information contained herein is being furnished on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security or engage in any transaction.

The information contained herein has been obtained from sources that Bangchak Corporation Public Company Limited (“BCP”) considers to be reliable; however, BCP makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein.

Any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and judgment with respect to the matters contained herein.


COMPANY PROFILE


2098 M Tower Building, 8th Floor, Sukhumvit Road, Phra Khanong Tai, Phra Khanong, Bangkok 10260 Thailand.

Tel.: +66 2335 8663, +66 2335 8518, +66 2335 4370

Email: [email protected]

Documents

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