Analyst Meeting 3Q2023

24 November 2023

Yandin Wind Farm, Western Australia

1

Agenda

1

2

3

4

RATCH

Highlights

Project

Progress

Group

Performance

Financial

Performance

5 Appendix

RATCH

Highlights

Financial Highlights

EBITDA

11,128 Million Baht (1.3 % YoY)

Total Revenue

40,781 Million Baht

Finance Performance (9 Months)

Financial Position Financialas of ratios 30 September 2023

Normal Profit

4,612 Million Baht (-21.8% YoY)

Net Profit

4,755 Million Baht (-21.1% YoY)

Liabilities

Equity

119,947

113,281

Million Baht

Million Baht

Assets

233,228 Million Baht

Debt to Equity

ROE

1.06 (times)

4.35 (%)

Power

Business

39,196

Million Baht

(96%)

Revenue

Generating

from

Renewable

Power Plants

14 %

Non-Power

Business

1,585

Million Baht

(4%)

Revenue

Generating

from

Conventional

Power Plants

86%

4

Business Highlights

Progression on LNG Supply for Hin Kong

Power Plant Project

Hin Kong Power Holding Company Limited ("HKH") has been granted an LNG shipper license to import LNG in the amount of 1.4 million tons per annum (MTPA).

  • RATCH's stake in HKH: 51%
  • HKH Entered into a short-term LNG Supply Agreement with
    Gunvor Singapore Pte. Ltd. ("Gunvor")
  • Gunvor will supply approximately 0.5 MTPA of LNG to HKH.
  • This agreement is to supply LNG for electricity production of Hin Kong Combined-Cycle Power Plant Unit 1 (contracted capacity of 700 MW), commencing operation in
    March 2024.

5

Business Highlights

Commercial Operation of Ecowin Wind Power Plant

Attributable Capacity:

15.16 MW (51.04%)

15.16MW

(51.04%)

On-shore wind farm

located in Ben Tre Province, approx. 160 km from the south of Ho Chi Minh City, Vietnam

20-Year PPA with EVN

COD:

29 September 2023

6

Business Highlights

Establishment of Subsidiary

Objective:

Invest in Solar PV System Business

Name of the Subsidiary:

RATCH TEX Company Limited

Shareholders:

RATCH Group Company Limited

Texplore Company Limited (40%)

Registered Capital:

Baht 1,000,000

(100,000 shares@10 Baht each)

Awards & Recognition

Honorary mention of the 11th

NACC Integrity Awards from the

office of National Anti-corruption Commission

"Best" 2023 Corporate Governance Report of

Thai Listed Companies (CGR)

SET ESG Ratings 2023

"AA"

8

RATCH's Power Plant Portfolio

Renewable

Conventional

Vietnam 2.33% Philippines 5.09%

Japan 0.02%

Indonesia

Energy

72.9%

9.34%

27.1%

10,807.35

7,874.12

Laos

10,807.35

2,933.23

MW

13.14%

MW

Australia

Thailand

50.81%

19.27%

As of October 2023

Thailand

Australia

Laos

Indonesia

Vietnam

Philippines

Japan

Total MW

5,491.10

2,082.89

1,420.30

1,009.72

251.49

549.83

2.02

MW

MW

MW

MW

MW

MW

MW

Conventional

5,396.34 MW

703.20 MW

751.20 MW

886.67 MW

136.71 MW

Renewable

94.76 MW

1,379.69 MW

669.10 MW

123.05 MW

114.78 MW

549.83 MW

2.02 MW

Energy

9

Projects under Construction and Development

Additional Capacity Growth

2,918.23 MW

Non-Power

Renewable

Energy

Conventional

Monorail Pink line

Paiton

741.52 MW

COD

2023

741.52

MW

Monorail

Pink line

Extension

Calabanga

Solar

36.33 MW

Song Giang 1

5.55 MW

Hin Kong #1

392.70 MW

R E N Korat

12.48 MW

NNEG

Extension

12 MW

2024

459.06

MW

Motorway

M6 & M81

Solar Farm

150 MW

NPSI Solar

73.50 MW

Battery

100 MW

Bentre WF

59.60 MW

Hin Kong #2

Lincoln Gap 3

392.70 MW

252 MW

2025 2026

775.80 252

MWMW

Nearshore WF

Offhore WF

Sibundong

(Lucena)

(San Miguel)

36.85MW

220 MW

220 MW

2027

2028

2029

220

220

36.85

MW

MW

MW

Sekong 4A & 4B

213 MW

2033

213

MW

10

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Ratchaburi Electricity Generating Holding pcl published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 03:14:20 UTC.