Agenda PTT Overview Way to Survive Business HROE

PTT Group Business Value Chain Upstream Intermediate Downstream Gas Oil Petrochemical Renewable Coal E&P FLNG / LNG Transmission GSP NGV Power Crude/Product Import Int’l Trading Refinery Oil Terminal LPG Terminal Aromatic Plant Olefin Plant Plastic Plant Bio plastic resins plant Water energy Wind energy Coal Mining PTT PTT Affiliate Vision : Thai Premier Multinational Energy Company

Business Model has been disrupted through Emerging Megatrends and Disruptive Technology Uncertainty Situation Economic Uncertainty Oil Price Uncertainty Mega Trend Aging Society Global Climate Change Renewable Energy Disruptive Technology Internet of Things Cloud Technology Big Data Advanced Robotic 1 Personal consumption; baseline year=2016; nominal terms

Way to Survive : Business Value e STS 2016 Actions : Design now Disruptive Innovation S-Curve We are here Sustainable Growth Decide now “Be ready to jump” Business Growth Top Quartile Performanc Productivity Improvement Do now Time

DO NOW: Productivity Improvement PTT Group EBIT USD Bn Operation Efficiency Debottleneck Cost Reduction Retail Expansion Trading Expansion Share Service 2015 Productivity improvement (2016 – 2017) Gap to fill EBIT for Top Quartile ROIC (2018)

DECIDE NOW: Sustainable Growth E&P Upstream / Infrastructure Strengthen in South East Asia Expand to low-cost countries Gas & Power Optimization P&R Customer Centric Downstream Integration Oil Trading • Data Analysis Retail brand expansion • Portfolio restructuring

DECIDE NOW: Oil Business Expansion • AEC / APEC

Way to Survive : Human Resource TRANSFORMATION Design Now Capability PEOPLE PROCESS STRATEGIC Readiness Decide Now PERFORMANCE ORGANIZATION Lean & Dynamics TECHNOLOGY Do Now Digital Roadmap

How do we handle “people” challenges… 1 Transform employee capability to new business area 2 Prepare employee for international expansion 3 Develop PTT Group Development Institute 4 Strengthen digitization in Human Resource