#1COMPACT SCG Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA CDP wbcsd gc ca UN GLOBA BAL A MSCI ESG RATINGS AA CCC B BB BBB A AA AAA FTSE4Good DEVELOPMENT SUSTAINABLE GOALS 1 M CO K Analyst Conference Q4/2022 & FY2022 ALLIANCE TO END PLASTIC WASTE#2Agenda Part 1: Consolidated Results (K.Roongrote, President & CEO) Part 2: Chemicals Business (SCGC) Part 3: Cement - Building Materials Business Part 4: SCGP Recap Part 5: Financial Results 鳳 Part 7: Summary Part 6: Sustainability SCG#3Market dynamics A recap of 2022 - Year of challenging business environment High energy prices from geopolitical issues, soft demand from China lock-down, trough chemicals cycle, and high inflation and interest rate hikes P.3 High energy prices ($/T) 500 450 400 350 300 250 200 150 100 61 43 50 Source: Market Price % 10 8 4 4.7 2020 2021 Jan-22 Feb-22 Mar-22 Apr-22 May-22 ($/bbl) ($/T) 300 700 Newcastle coal 270 583 401 600 240 210 500 500 180 400 150 300 Brent 120 90 81 8631 200 60 30 100 0 Jun-22 Jul-22 High inflation Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Trough in chemicals business cycle PE-N 366 PP-N 323 2020 2021 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Source: Market Price Rising domestic electricity tariffs FT movement in 2022 Jun-22 0.934 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Thailand U.S. (Baht/KWH) 1.2 6.5 0.8 5.9 0.4 0.248 2 1.2 0.014 0 FY2021 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-Apr May-Aug Sep-Dec Source: Bureau of Trade and Economic indices, Ministry of Commerce, Thailand Source: MEA SCG#4Managing the challenges through priority actions Priority actions Baht/ton 2,200 Price adjustments Average grey cement price in 2022 2,000-2,050 1,950 - 2,000 1,850-1,950 2,000 1,800 - 1,900 1,800 1,600 1,400 Q1/22 Q2/22 Q3/22 Q4/22 Fuel cost reduction Alternative fuel use* 31% 31% 26% FY2021 Q1/22 Q2/22 40% 40% ** 11 Q3/22 Q4/22 *By domestic cement operations ** % AF use if normalizing the effect of one AF line stoppage due to modification to increase future AF use P.4 SCG#5Continuing business transformation Chemicals Business (SCGC) ASEAN expansion - LSP SCGC • 97.6% completed in Q4/22 Ready for startup in mid-2023 Positioned to capture Vietnamese demand Cost competitiveness (feedstock flexibility, tax privilege) Transformation towards green polymer SCGC EV supply chain Partnership with Denka to produce Acetylene Black for Lithium-ion battery & high-voltage cable producers Cement Building Materials Business Transformation towards low carbon economy • Collaborated with cement associations to develop low carbon cement roadmap • 100% of Bagged cement are low- carbon cement today Retail Expansion in ASEAN Invested 22% in leading Indonesian retailer of building, decorative and renovations materials (Depo Bangunan) SCGJWD, a JV between SCG SCGC Recycling business Entry into Post-Consumer Resin value chain in EU via M&A • 60% stake in waste collector, sorter, and plastics recycler company in the Netherlands (Kras) ⚫ 70% stake in largest Post-Consumer resin (PCR) producer in Portugal (Sirplaste) Creation of ASEAN Logistics player SCGJWD LOGISTICS, Logistics & JWD becomes the largest regional integrated logistics and supply chain solutions provider in ASEAN Packaging Business (SCGP) Organic expansion in consumer- related Packaging Capacity expansion of Fiber Packaging (Thai Containers Group) and Polymer Packaging (Prepack) Strategic investments in the recycling business SCGP Covering both, recovered paper and plastic to strengthen SCGP's RECYCLE value chain in integrated packaging solutions • 100% stake in packaging materials recycling company in Netherlands (Peute) • 90.1% stake in recovered paper in USA (Jordan) P.5 SCG#6Q4/22 Revenues from Sales Revenues from sales declined q-o-q and y-o-y mainly from lower chemicals sales volume due to ROC's turnaround and decreased Chemicals prices amid unusually weak demand P.6 MB 200,000 -14% y-o-y -14% q-o-q 152,494 152,534 150,000 142,666 142,391 133,555 131,825 122,066 122,190 100,000 50,000 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 SCG#7Q4/22 EBITDA EBITDA dropped 53% y-o-y from all businesses mainly from higher energy cost at Cement-Building Materials business and lower chemicals spreads at SCGC, while increased q-o-q from seasonal dividend MB 40,000 30,000 32,051 5,633 24,846 23,665 211 21,410 7,688 20,000 4,267 14,741 71 17,622 1,250 26,418 23,454 10,000 EBITDA -53% y-o-y 10,122 9% q-o-q 9,322 200 Dividend from 17,143 16,372 17,158 4,118 Associates 14,670 9,122 6,004 EBITDA from Operations Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Note: Q1/21 Q2/21 1) EBITDA = EBITDA from Operations + Dividend from Associates 2) EBITDA includes FX gain/loss from loans P.7 SCG#8Q4/22 Profit for the Period Profit declined significantly y-o-y and q-o-q from all businesses. Excluding key items, Q4/22 Profit would have been 1,070 MB P.8 MB 20,000 17,136 14,914 15,000 10,000 5,000 9,937 8,307 8,844 6,817 Profit excluding key items 1,070 MB 2,444 157 -98% y-o-y 0 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 -94% q-o-q Key Items 1,090 150 (1,769) 984 1,060 (1,289) (746) (913) 1) Inventory Gain (Loss) (1) 1,140 150 480 490 1,080 (1,040) (1,080) (510) 2) Impairments & Others (50) (2,249) 494 (20) (249) 334 (403) Note: (1) Chemicals Business (Sub + Asso.) SCG#9FY2022 Consolidated Results Revenue from sales increased mainly from Packaging and Cement-Building Materials businesses. EBITDA and Profit dropped mainly from rising costs, lower chemicals spreads, and decreased equity income Revenue from Sales (MB) 569,609 +7% y-o-y 530,112 91,867 10,182 81,685 EBITDA (MB) 61,912 EBITDA -33% y-o-y 13,256 Dividend from Associates 48,656 EBITDA from Operations 2021 2022 2021 2022 Note: (1) Chemicals Business (Sub + Asso.) P.9 Profit for the Year (MB) 47,174 Profit excluding key items 23,270 MB 21,382 -55% y-o-y 2021 2022 Key Items 455 (1,888) 1) Inventory Gain (Loss) (1) 2,260 (1,550) 2) Impairments & Others (1,805) (338) SCG#10FY2022 Sales destination: Regional and international footprint Sales to ASEAN increased y-o-y while sales to other regions dropped mainly on lower sales to China/HK P10 34% 32% +4% y-o-y Export to ASEAN +11% y-o-y ASEAN (ex-Thailand) 68% +15% y-o-y 66% ASEAN Operations 28% Thailand 55% OTHER OVERSEAS 17% FY2021 FY2022 Others 31% Others 37% North Asia North 13% Asia South 16% Asia South 26% -1% y-o-y Asia 24% China/HK 30% China/HK 23% FY2021 FY2022 SCG#11FY2022 HVA, New Products, and Service Solutions HVA: Generates higher margins over mainstream products, enabling superior profitability over industry peers New Product Development (NPD): Responds to fast-changing market and customers' requirements Service Solutions: Solve customer's pain points, improve quality attributes, and increase sales (MB) 195,520 182,510 96,578 81,257 33,773 34% 34% 15% 17% 24,525 5% 6% FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 Note: % of Revenue from Sales P.11 SCG#12Agenda Part 1: Consolidated Results Part 3: Cement - Building Materials Business A Part 5: Financial Results 鳳 Part 7: Summary Part 2: Chemicals Business (SCGC) K. Tanawong, President - Chemicals Business Part 4: SCGP Recap Part 6: Sustainability SCG#13What happened in Q4/22: intense inventory destocking throughout the supply chain Prices continued to decline and spreads sank. 2022 Market Prices ($/ton) 1,500 1,400 1,300 1,200 Q4 Prices 1,100 1,000 900 800 938 Insights into Q4/22 Off-season with unusually weak demand PE Non-durable consumer goods 1 PP Durable goods 1,060 1,040 1,005 745 700 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 2023 HDPE PP PVC Butadiene Benzene 820 PVC Building materials P.13 • Global economic concerns from inflations and rapid interest rate hikes, weighing on real incomes Surge in COVID-19 cases in China, slowing economy • Similar to PE, plus the existing pause to the household big ticket purchases, following the large US government stimulus cheque spending • Similar to PE, plus China's ongoing property downturn Continued inflow of significant capacity additions >30% of total ethylene capacity additions in 2022 came online in Q4/22, mainly from Asia and North America What we have been seeing: increased level of supply rationalization • More turndowns and lower operating rate across the industry Note: Jan 2023 prices are as 23 January 2023. SCGC SCG#14Olefins chain: market highlights Q4 prices fell from global inventory destocking, continued lockdown in China's major cities, and usual soft season. 2021 2022 HDPE, PP, Naphtha Prices, and Spreads ($/ton) 1,400 1,100 800 500 2023 HDPE PP P14 Naphtha HDPE-N PP-N 200 2019 2020 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Oct'22 Nov'22 Dec'22 Q1/23 (QTD) HDPE-N PP-N $536 / ton $651 / ton $418/ton (-$118/ton) $396/ton (-$255/ton) Q4/22 Q1/23 Q3/22 Q4/22 Notes Average Weekly Low QoQ Change (QTD) Brent -9 98 89 78 83 ($/bbl) (-9%) Crude price plunged from recessionary concerns and rising COVID-19 cases in China. Naphtha -41 714 673 629 673 ($/ton) (-6%) Naphtha price fell from weak cracking demand and soft gasoline market. PE-N -29 390 361 305 380 Spread was pressured by global economic concerns, despite global production cut. ($/ton) (-7%) PP-N 358 302 219 ($/ton) -56 (-16%) 362 Note: Prices are as of 23 January 2023. Worse off than PE due to slow demand in finished goods, particularly in China. Meanwhile, supply from Vietnam increased due to soft domestic demand from credit issues. SCGC SCG#15Olefins chain: PE and PP sales volume Sales volume dropped q-o-q, affected by the ROC turnaround and lack of purchasing from global destocking. P.15 PE & PP Sales Volume (KTA) Q4 Comparison -22% q-o-q -33% y-o-y 1,980 FY Comparison -15% y-o-y 862 Key highlights: 1,675 740 -22% 470 488 492 505 495 496 1,118 435 426 422 935 PP 207 220 206 220 216 218 331 195 191 185 146 I PE 263 240 268 286 285 279 278 235 237 185 I 2019 (1) 2020 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY21 FY22 Notes: 1. MOC cracker turnaround 2. Export sales accounted for 51% of total PE & PP sales volume in Q4/22. Key destinations included South East Asia (~30%), China (~20%), and Others (~50%). Exports were to over 100 countries worldwide. . Intensive optimization of products, inventory and operations Emphasized HVA penetration and other areas of growth Concentrated on localized and flexible business model with agility SCGC SCG#16Vinyl chain: market highlights Q4 prices declined from extremely slow demand in SEA and India, accompanied by concerns on China, amid supply glut from US. P.16 1,600 1,100 PVC and EDC Prices and Spread ($/ton) 600 2021 2022 2023 Ethylene PVC PVC-EDC/C2 EDC 100 2019 2020 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Oct'22 Nov'22 Dec'22 Q1/23 (QTD) PVC-EDC/C2 $578/ton Q4/22 Q3/22 Average Weekly Low QoQ Change Q1/23 (QTD) PVC-EDC/C2 ($/ton) 375 347 325 -28 (-7%) 460 Note: Prices are as of 23 January 2023. $407/ton (-$171/ton) Q4/22 Notes Spread was pressured by slow demand recovery post-monsoon season in SEA and India, continued lockdowns in China, and increased US exports. EDC price dropped from high upstream value driven by firm caustic soda price. SCGC SCG#17Vinyl chain: PVC sales volume Sales volume rose 2% q-o-q from internal efforts despite market turndown. PVC Sales Volume (KTA) 827 819 Key highlights Q4 Comparison FY Comparison +2% 9-o-q -1% y-o-y 291 267 +1% y-o-y +2% 552 536 223 212 208 211 213 203 200 196 198 202 ASEAN 78 73 Operations 33 73 70 73 70 79 12 75 66 62 60 Domestic 134 135 138 130 143 144 Operations 125 130 136 142 I 2019 2020 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY21 FY22 Note: ASEAN operations include sales volume from PVC operations in Vietnam and Indonesia. P.17 • Leverage on our differentiated forward integrated business model into PVC fabrication finished products with leading brand throughout ASEAN Continued optimization of products, inventory and operations, following the turnaround of VCM1 in Q3 SCGC SCG#18Q4 financials (1 of 2) EBITDA registered 2,824 MB, supported by the 4,066 MB year-end dividend from associates. REVENUE EBITDA FY Comparison -57% y-o-y Q4 Comparison FY Comparison Q4 Comparison Unit: MB Unit: MB -25% q-o-q -0.8% y-o-y N/A 9-o-q -67% y-o-y -34% y-o-y 238,390 41,465 236,587 6,361 Others ■ASEAN (Ex-Thailand) 26% 22% Dividend from Associates ■EBITDA from Operations ■Domestic (Thailand) 22% 22% 17,745 35,104 11,040 8,654 3,046 2,824 (954) 5,608 6,705 106 4,066 65,983 57,351 56% (1,060) (1,242) 24% 43,285 52% 23% Q4/21 Q3/22 Q4/22 FY2021 FY2022 24% 24% 21% 24% 52% 53% 55% EBITDA Margin(1) 9% -2% -3% 15% 3% Q4/21 Q3/22 Q4/22 FY2021 FY2022 Note: 1. EBITDA margin was calculated from EBITDA from operations. P.18 SCGC SCG#19Q4 financials (2 of 2) Net profit registered -1,052 MB, due to the global macro volatilities and challenges in Q4. Unit: MB NET PROFIT Q4 Comparison -210% q-o-q N/A y-o-y 28,931 Asso (Equity income) Subsidiaries 11,577 FY Comparison -80% y-o-y 4,500 N/P 17,354 5,901 1,715 Asso (339) Sub 2,785 823 N/P Asso (1,052) N/P 4,928 1,108 (1,162) Sub (2,160) Asso Sub 973 703 Q4/21 Inventory gain/loss (1) Non-recurring items (TPC land sales - net after tax) Note: 1. Q4/22 inventory gains/losses from subsidiaries and associates represented 96% and 4% of total amount, respectively. Q3/22 Q4/22 FY2021 FY2022 (1,080) (510) 2,878 (1,550) 62 1,040 P. 19 SCGC SCG#202022 consolidated sale and profit of associates Associates are comprised of a diverse products and competitive businesses Revenue of Associates (100%) Unit: THB Billions 58.4 49.8 53.3 42.6 Q1/22 Q2/22 Q3/22 204.1 191.1 Q4/22 FY2021 FY2022 Profit of Associates (100%) 24.3 8.2 3.6 1.6 2.0 1.0 Q1/22 Q2/22 Q3/22 Q4/22 FY2021 FY2022 P.20 SCGC SCG#21Near-term outlook: cautiously optimistic as positive signs emerge, while challenges linger P.21 Global Macro Econ Industry Specific Subsidiaries (Olefins & Vinyl) Recovery of emerging markets, while developed markets mired in recession. Pivotal are energy volatility and sticky inflation. ASEAN Continued recovery supported by service sector rebound, while exports to developed Crude markets face lower demand and higher FX risk Volatility and uncertainty amidst geopolitical tensions and the earlier than expected China reopening • Demand Olefins: Inventory restocking globally and improved market sentiment, boosted by China's earlier-than-expected reopening and stimulus package, while monitoring for additional details after the Lunar New Year Vinyl: Resumed buying from India, while China stimulus policy towards the real estate sector is positive. • Supply Olefins: Anticipating some existing crackers to restart globally New capacity additions will continue in the near-term. Wave 2019-2023, the incremental capacity average 5%. Wave 2008-2012, the incremental capacity averaged 4%. Vinyl: Expected penetration of imports from the US, and possibly China. Cost • Olefins: Continued volatility of oil/naphtha amidst improving cracking demand and high freight rate after EU ban on Russian refined products Vinyl: Higher EDC prices from improved downstream sentiment, amidst a drop in upstream value SCGC SCG#22Strategic efforts: navigating near-term challenges through flexibilities Operation Optimization Portfolio Management Adjust operating rate and flexibility according to market conditions Continue with efficiency CAPEX • Enhance feedstock procurement flexibility and cost optimization . Engaging in regional feed optimization platform (ROC, MOC, LSP) . Increase sales flexibility for value optimization Elevate sales of flagship HVAs & expedite launch of new HVAs to address megatrends Examples of SCGC's innovative & extensive HVA portfolio LDPE Aseptic Coating (Consumable Packaging) • #1 APEC supplier for aseptic packaging Global food processing and packaging solution providers High-Performance PP (Automotive & Logistics) Leader in auto- compound market in Thailand PP resin, especially for pallet production (Higher impact strengths & lighter) PVC Pipe System Solutions (Building & Infrastructure) ⚫ #1 in ASEAN with high growth • Strong localized brand presence • Forward integration into downstream market P.22 SCGC SCG#23Update 1: Executed on-budget, with full complex startup in mid-2023 Startup of critical facilities to supply raw materials and utilities for production plants LSP integration into SCGC's operation platform with continuous optimization to achieve enhanced efficiency and values Opening Ceremony on 26 November 2022 Feedstock Supply Chain Optimization Optimization Multi-site Optimization Central Utilities Hydrocarbon Jetties Specialized Tank Farm Volume & Destination Rationalization P.23 SCGC SCG#24Update 2: Q4 acquisition (60%) of KRAS Group, EU's waste management solution provider Europe's existing regulatory landscape supports SCGC's future circular economy initiatives. Regulation and policies, major guiding forces behind Europe's circular economy development Key EU Directives Penalties/Fees (2022 – 2023) · • Plastic packaging waste recycling rate 50% by 2025 . 10-MTA consumption of recycled plastic by 2025 • 100% plastic packaging reusable or recyclable by 2030 SCGC's EU Business Value Chain in PCR UK: £200/MT tax on packaging made from less than 30% recycled content Spain: £450/MT tax on non-reusable plastic packaging Extended Producer Responsibility Fees (2024 - 2025) Upstream Waste Collector Waste Aggregator ➤ Leverage network from existing and new M&A (KRAS Group) NEW KRAS- Plastic waste collection: 160,000 TPA . Paper waste collection: 120,000 TPA Downstream Market Plastic Converter Brand Owners Plastic Recycler ➤ Expand Sirplaste capacity and completed new M&A (KRAS Group) NEW Sirplaste RE KS ➤ Synergize market coverage networks from new M&A ➤ Emphasize on high-quality, odorless PCR HDPE Capacity (KTA) Sirplaste 2022 2023 36 45 KRAS Group 9 18 Note: REKS LLC, a subsidiary of KRAS Group, is the leading plastic recycler in Kosovo. P.24 SCGC SCG#25SCGC's pathway to achieve the 1,000,000 TPA target of Green Polymer by 2030 Planned investments of 10,000+ MB over the next 5 years SCGC's Green Polymer platform, our key growth driver 2022 Highlights (achieved-140,000 tons) Accelerated SMXTM resin sales, reaching 100,000+ tons (up 8x yoy) Successfully acquired Sirplaste and KRAS in Europe 2030 Target SCGC (1,000,000 TPA) GREEN POLYMER™ Commercially launched high-quality, odorless PCR for personal and homecare packaging 2022 First in ASEAN to develop barrier coating in recyclability, certified by RecyClass Ongoing study of Bio-PE project with Braskem Recycle (35% — 45%)* Expand in Europe and leverage technologies & know-hows for growth in ASEAN Renewable (15% -25%)* Bio-PE project with Braskem (200,000 TPA) Reduce (25% — 35%)* Expedite SMXTM resin sales to 400,000 TPA, through maximizing existing PE line Recyclable (5% – 10%)* Mono-material solutions for flexible packaging Note: The percentages in brackets represent the approximate contribution portion towards the 1,000,000 tons target by 2030. P.25 SCGC SCG#26Agenda Part 1: Consolidated Results Part 2: Chemicals Business (SCGC) Part 3: Cement - Building Materials Business K.Nithi, President - Cement-Building Materials K.Chana, Vice President - Cement and Construction Solution Part 4: SCGP Recap Part 5: Financial Results 鳳 Part 7: Summary Part 6: Sustainability SCG#27Business dynamics 2022 Business operations significantly affected by high energy cost. Accelerated cost reduction measures and price increase to help mitigate cost increase. P.27 Coal cost vs. Price trend SCG's coal cost rose q-o-q in Q4/22 due to lag effect from advanced purchase activities Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Coal cost (SCG) Coal price (NEWC) Mitigation efforts • · Replaced coal use by increasing Alternative Fuel use to 34% in 2022 vs. 26% in 2021 Increased cement price by 150-200 Baht/ton from Q1/22 to compensate with cost push pressure Completed a total of 60 MW in renewable solar power generation capacity in 2022 SCG#28P.28 Thai market Despite Q4/22 demand registering y-o-y percentage improvement, actual tonnage in Q4/22 was lower than Q3/22 while FY2022 cement tonnage remained significantly below pre-COVID level. Housing products demand rose to pre-Covid level in FY2022. Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY21 FY22 Grey cement +3% -2% -12% -5% -3% -7% +6% +3% -4% -0.5% Residential +2% -4% -12% -5% -4% -7% +5% +2% -5% -1.6% Commercial +2% -5% -19% -6% -3% -6% +8% +3% -7% +0.2% - Infrastructure +6% +2% -9% -4% -1% -6% +6% +4% -1% +0.4% Ready-mixed +2% -1% -16% -6% -6% -7% +9% +4% -5% -1% concrete Housing +8% -1% -5% -2% 0% -2% +8% +11% 0% +4% products Ceramic tiles* +3% +6% -13% 0% -2% -2% +8% +2% -1% +1% I Note: * Demand growth of Ceramic tiles of Q4/22 was from actual data (Actual Oct-Nov) and Dec estimated SCG#29ASEAN (ex-Thailand) market Cement demand in all countries dropped from higher energy prices which delayed construction activities. Tonnage consumed in all markets remained below pre-COVID level in FY2022. Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY/21 FY/22 Cambodia -4% -21% +4% -13% -12% -8% -17% -7% -9% -11% Indonesia -7% +13% +3% 0% +7% +3% -3% -10% +2% -1% Myanmar -30% -7% -48% +4% -4% +1% +21% -18% -22% -3% I Vietnam 0% +12% -21% -1% +6% -6% +20% -4% -2% +3% Note: * Demand growth of Vietnam for Q4/22 were from VNCA (Actual Oct-Nov) and Dec estimated P.29 SCG#30Ceramic tiles (all markets) Overall sales volume decreased y-o-y mainly from weak regional demand while domestic sales improved. P.30 (Baht/Sqm.) 180 160 Average Prices 140 120 100 41 41 80 40 35 40 60 40 20 40 Volume Change -3% y-o-y -8% 9-o-q Sales Volume FY22 (+8% y-o-y) 170 Sales Volume (M.Sqm.) 157 44 46 42 39 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY21 FY22 SCG#31Revenue from sales Revenues increased y-o-y mainly from price adjustment effort. MB 60,000 Others ASEAN (ex-Thailand) Thailand +7% y-o-y -4% q-o-q Revenue FY22 (+12% y-o-y) 204,594 50,890 52,881 51,558 49,265 182,529 9% 50,000 46,185 46,416 45,869 44,059 9% 8% 9% 8% 9% 8% 9% 8% 25% 10% 40,000 25% 26% 26% 25% 25% 25% 25% 27% 25% 30,000 20,000 66% 67% 65% 67% 66% 65% 67% 66% 65% 65% 10,000 0 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 FY21 FY22 Note: Thailand: Revenue from sales in Thailand market ASEAN (ex-Thailand): Revenue from sales in ASEAN market (ex-Thailand) Others: Revenue from sales in Non-ASEAN market P.31 SCG#32EBITDA and Profit for the period Q4/22 EBITDA and Profit decreased amid cost pushed environment. P.32 MB 8,000 6,579 6,548 5,893 Core EBITDA Core Profit EBITDA Net profit 5,668 4,784 4,795 5,000 4,342 4,715 2,809 2,468 2,308 4,014 2,811 Core Profit -41% y-o-y* 1,199 2,000 1,463 1,668 **1,965 851 7,939 1,035 •*1,385 -157 4,670 530 -1,000 FY21 FY22 -717 *Without asset impairments -2,400 -4,000 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Core EBITDA Margin 14% 13% 11% 10% 12% 10% 8% 6% - ASEAN and Others (Ex-TH) 10% 13% 11% 11% 9% 11% 8% 7% - Thailand 16% 14% 11% 10% 13% 9% 8% 5% Cement & Construction Solution 24% 22% 19% 17% 20% 16% 13% 10% EBITDA Portion of ASEAN and Others (Ex-TH) 23% 32% 35% 37% 27% 39% 36% 41% Note: EBITDA margin = EBITDA from operations, excludes dividend from associates. Cement and Construction Solution: Grey cement, RMC, Mortar, White cement, and Refractory *Key items to net profit: 66 MB in Q4/21, 3,599 MB in Q3/21, 334 MB in Q3/22 and -560 MB in Q4/22 SCG#33Outlook: Improving domestic economy and sentiment, decreasing coal, and increasing electricity cost pressure Demand Improving tourism sector from China-reopening should have visible positive impact on the Thai economy in H2/23. Private investment in both residential (housing project) and commercial segments is expected to gradually recover. Cement demand in 2023 is expected to be higher than in 2022. Selling Price Persistent cost pressure will force all producers to continue implementing price increase. Against rising demand backdrop, price increased momentum is expected to continue in 2023. Cost Increase in domestic electricity tariff (FT) will exert more pressure on all producers in 2023, while coal cost is expected to gradually drop. P.33 SCG#34Cost Improvement Mitigation plan Revenues Price increase and market diversification Drive up building materials prices as well as raise average cement price to reflect cost pressure Proactively tap market segments and destination with improving demand. Impact Analysis Q1/23 CEMENT Fuel cost management • • Increase AF usage to 40-50% for domestic cement operations in 2023 (vs. 34% in 2022). Diversify fuel type and source as well as secure long term contracts to minimize fuel cost. Self-generated power Offset domestic electricity tariff increase by realizing cost savings from additional 60 renewable MW completed in 2022, bringing total domestic solar capacity to 159 MW for CBM group. Install 7 MW in additional solar capacity in Q1/2023 at domestic building material plants. Productivity and efficiency improvement Actively execute lean operation, automation, digitization as well as supply chain management to minimize cost and increase productivity Implement energy saving projects to reduce energy consumption Higher domestic electricity tariff (FT) Cement Price Coal cost % Alternative fuel use Solar MW SCG P.34#35Continuing transformation strategy • Low-carbon cement Promote Hybrid cement sale as a key step towards SCG's Net Zero goal and lift the construction industry's standard. • Target 100% of SCG's domestic cement sales to be hybrid cement by the end of 2023. Green construction solutions Offer effective design, apply innovative construction process, and implement advanced construction technology with concept of "Turn waste to Value" จะ SCO SCG ปูนงานโครงสร้าง. โอบรัด BG5 ปูนงานโครงสร้าง เอสซีจี สูตรไฮบริด มาตรฐานปูนซีเมนต์ไฮดรอลิก รายแรกของไทย STRICTURE SOLUTION SCG มอก. 2594-2556 P.35 Promote smart living products and solutions Smart Living Products Continuously innovate and develop new products covering all market segments. ไม่ Prestige X-Shield SLIM Prestige Slim SCG Wood Plank Cool Plus Smart Building Solution: Help customers reduce operating and maintenance cost with advance technologies ++ Energy saving In door air quality Connect Intelligence solution SCG#36Agenda Part 1: Consolidated Results Part 3: Cement - Building Materials Business A Part 5: Financial Results 鳳 Part 7: Summary Part 2: Chemicals Business (SCGC) Part 4: SCGP Recap (K.Chantanida, Vice President-Finance and Investment & CFO) Part 6: Sustainability SCG#37Consolidated key financials: Q4/20221 Weak demand in ASEAN and China affected packaging paper sales volume & price, which hindered topline & earning P.37 REVENUE FROM SALES (MB) Note: 1. 2. 37,943 35,145 33,509 CORE EBITDA³ (MB) CORE PROFIT4 (MB) -5% YoY -20% YoY -54% YoY -12% QoQ -28% QoQ -58% QoQ 5,085 4,595 3,666 1,512 1,358 628 13% 11% 4% 4% 2% % Margin Q3/2022 Q4/2022 Q4/2021 Q3/2022 Q4/2022 13% Q4/2021 Q3/2022 Q4/2022 Q4/2021 %COGS ON SALES EBITDA² (MB) NET PROFIT (MB) 85% 83% 85% 5,409 5,483 3,554 2,115 1,837 450 Figures are "After inter-segment elimination" EBITDA excludes dividend from associates & includes FX gain/loss from loan 3. Core EBITDA = EBITDA - key items adjustments 4. Core Profit = Net Profit - Key items adjustments after tax & after NCI basis SCG#38Consolidated key financials: FY20221 Revenue growth driven by business expansions while y-o-y earning was affected by higher energy costs and lower packaging paper sales volume REVENUE FROM SALES (MB) CORE EBITDA³ (MB) 146,068 124,223 +18% 20,337 19,240 ☐ FY2021 -5% CORE PROFIT4 (MB) 7,444 5,768 -23% 16% 13% 6% 4% % Margin FY2022 FY2021 FY2022 FY2021 FY2022 %COGS ON SALES 82% 83% EBITDA² (MB) NET PROFIT (MB) 21,150 19,402 8,294 5,801 Note: 1. Figures are "After inter-segment elimination" 2. EBITDA excludes dividend from associates & includes FX gain/loss from loan 3. Core EBITDA = EBITDA - key items adjustments 4. Core Profit = Net Profit - Key items adjustments after tax & after NCI basis P.38 SCG#39SCGP strategic focus in 2023: P.39 M&P and organic expansion Innovation and Packaging solutions Operational excellence Sustainability Proactive financial management SCGP is on path to achieve its IPO target of doubling the revenue within 2025 With target revenue for 2023 at 160,000 MB SLOP SCG#40Agenda 鳳 Part 1: Consolidated Results Part 2: Chemicals Business (SCGC) Part 3: Cement - Building Materials Business Part 4: SCGP Recap Part 5: Financial Results (K.Chantanida, Vice President-Finance and Investment & CFO) Part 7: Summary Part 6: Sustainability SCG#41P.41 FY2022 Net Debt Net Debt to Equity was 0.6x in 2022 compared 0.5x in 2021. The increased net debt from new debenture issuance. Billion Baht (Net Debt) 300 Times (x) (Leverage) 250 234.8 2.0 268.8 1.8 1.5 1.3 200 164.4 162.5 157.8 181.4 154.2 146.9 145.0 147.5 150 137.6 1.0 0.8 0.8 112.1 0.9 0.7 0.8 100 0.6 0.6 0.7 0.5 0.5 0.5 0.5 0.4 0.5 50 *Note: 0.3 0.0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Net debt to Equity Net Debt to EBITDA = 4.3* 1) Net debt to EBITDA = Net debt / Trailing-12-month EBITDA 2) Net debt to EBITDA (Excluding project under construction) = 1.9 SCG#42FY2022 CAPEX & Investments Registered at c. 52,000 MB. The main portion is LSP. Billion Baht 100 80 60 60 50.0 47.0 45.0 45.2 40 32.0 20 34.8 46.1 45.8 77.5 91.7 SBU: Others Cement Building Materials 18% 7% Packaging 27% 58.3 52.2 Types: Others Investment 4% Chemicals 48% 23% Greenfield & Expansion 0 Maintenance 12% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Efficiency CAPEX includes debottlenecking, expansion projects, and major turnaround. - Investments are acquisitions and purchase of shares (EV basis). Projects 20% 41% P.42 SCG#43Financial highlights Solid Balance sheet & Liquidity Cash & cash under management 80,000 68,323 FY2021 CAPEX Reduction Net debt to equity Unit: times Unit: MB 95,402 2.0 1.5 1.0 0.6 0.6 0.6 0.5 0.5 0.0 FY2022 Q1/22 Q2/22 Q3/22 Q4/22 C. 52,000 40,000 - 50,000 Liquidity Management Unit: MB Guided 2022 CAPEX Actual 2022 CAPEX Planned 2023 CAPEX 45,000 MB New debenture issuance in FY2022 P.43 SCG#44Financial highlights - Majority is domestic debenture, has fixed rates and is in THB Well-positioned loan portfolio 2/3 of long-term debt is debenture Approx. 4/5 of interest rate is fixed 3/4 of loan currency is in Thai Baht Bank loan 35% Debenture 65% Floating rate debt approx. 13% LSP IRS, converting float to fixed rate in 2023-2027 Others USD 23% 1% Fixed rate debt approx. 87% Thai Baht 76% P.44 SCG#45Dividend FY2022 dividend payment of 8.0 Bt/share (45% payout) or 9,600 MB Baht/Share 20.0 18.0 16.0 15.0 15.0 15.0 15.0 14.0 12.5 12.5 12.0 11.0 10.0 8.0 8.5 7.5 6.0 6.0 4.0 3.0 2.0 1.0 0.0 0.0 15.5 100 yr special dividend 12.5 19.0 19.0 18.0 18.5 16.0 14.0 14.0 8.0 % of Net Profit Note: 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0% 16% 25% 36% 49% 56% 61% 59% 54% 42% 40% 55% 56% 51%* 45% 42% 41% 41% 48% 52%** 49% 47% 45% Dividend policy established in 2008 (Payout ratio 40-50%) * Excluded special dividend **49% of profit before severance pay adjustment P.45 H2/22 Final dividend of 2.0 Bt/share H1/22 interim of 6.0 Bt/share SCG#46Agenda Part 1: Consolidated Results Part 2: Chemicals Business (SCGC) Part 3: Cement - Building Materials Business Part 4: SCGP Recap A Part 5: Financial Results 鳳 Part 7: Summary Part 6: Sustainability (K.Thammasak, Executive Vice President) SCG#47Net Zero by 2050: Better-than-planned GHG emissions reduction and on track to reduce by at least 20% in 2030 compared to 2020 Unit: MT CO2 33.9 GHG Emission LSP project startup 33.9 33.0 31.0 30.2 GHG emission if 2020 2021 2022 assume normalized capacity utilization Target* Forecast Actual *Note: implied annualized target based on 20% reduction over 10 years compared to the base year in 2020 27.1 Year 2030 P.47 SCG#48Net Zero by 2050: Reached alternative energy utilization at 34% by cement operation in Thailand and 18% by all businesses P.48 Percentage of AF used 40.0% 30.0% Alternative Fuel Use 20.0% 18% 14% 15% 10.0% 26% 18% 35% 0.0% 2020 2021 2022 SCG ■Cement (Thailand) % excluding plant maintenance to increase AF utilization capacity (Q4'22 = 40%) 34% SCG#49Go Green: For 2022, Revenue from sales of SCG Green Choice amounted 289.7 billion Baht or 51% of total sales. P.49 % on Total Revenue from Sales SCG Green Choice SCG GREEN CHOICE 41% 51% 289.7 Billion Baht Target 2/3 or 67% of total revenue from sales by 2030 33% 216.0 Billion Baht 130.4 Billion Baht 2020 2021 2022 ปูนงานโครงสร้าง SCG ตดไฮบริด ใหม่ BG 5 50 esco SCG Hybrid Cement Thailand's first innovative eco-friendly cement with hydraulic cement standard which utilizes biomass and waste heat from the production process as alternative fuel and energy. Replacement of OPC with Hybrid Cement 85% 59% 69% 41% CO₂ reduction CO₂ 0.10 31% CO 0.15 CO 0.25 15% 25 252 252 (Mton CO2) 2020 2021 2022 OPC cement • Replace all OPC bag with SCG Hybrid Cement Launch SCG Hybrid Cement for market use in RMC segment Hybrid cement I&II • Penetrate SCG Hybrid Cement bulk to replace OPC SCG#50Reduce Inequality: Up to 9,000 job creations and upskill in Y2022 Creating In-demand jobs 8,746 3,000 2021 2022 Target 5,000 persons in 2022 1,317 Persons Learn to Earn Short course scholarships for careers in demand 2,414 Persons CPAC Upskill eco-partner In construction to expand scope of work CPAC Solutions for Life สะ P.50 675 Persons Siam Saison Financial service to enhance business capability for constructions 2,250 Person Power of Community Training program to instill knowledge and inspire communities to create added value products 330 Persons SKILL DEVELOPMENT SCHOOL Training and upskill for drivers 1,660 Persons Q-Chang Training online/onsite for home improvement Workers with Revenue of 175 MB 100 Career for Disabilities คิวช่าง Q-CHANG SCG#51Enhance Collaboration Thailand cement and concrete industry shows potential in COP 27, showcasing a plan to reduce greenhouse gas emissions to net zero. MA TOA SCG contribution to COP27 "Partner with the Ministry of Natural Resources and Environment, TCMA and GCCA to to support Thailand move towards a low-carbon society In the topic "Thailand Chapter - Net zero cement and concrete roadmap 2050" COP27 SHARM EL-SHEIKH EGYPT2022 TCMA ga ca TCA สมาคมอุตสาหกรรมปูนซีเมนต์ไทย Thai Cement Manufacturers Association Thailand Concrete Association "Collaborated with Thailand Cement Producers Association (TCMA), Thailand Concrete Producers Association (TCA) and government agencies. to showcase carbon dioxide emissions reduction throughout the cement production process, R&D in materials and technology “Hybrid Cement" and encourage as a replacement for traditional cement as soon as possible" กระทรวงทรัพยากรธรรมชาติและสิ่งแวดล้อม Ministry of Natural Resources and Environment P.51 SCG#52Green MW expansion and renewable technology Increased solar MW over 70% y-o-y and continue to explore renewable technologies for decarbonization Green MW (Solar) +78% 234 40 Renewable technology "Rondo's Heat Battery technology" a highly efficient heat battery capturing renewable energy to deliver continuous high-temperature heat for industrial application SCG CLEANERGY RONDO 97 +34% 131 1 194 130 97 Unit: MW Up to 2020 2021 2022 Internal Use PPA HEAT P.52 TT Renewable energy source Energy stored as heat using refractory bricks STEAM Deliver "on demand" heat or steam for industrial use Key advantages: - 24/7 heat output from renewable energy source to reduce carbon emission Low cost, high efficiency, and safe energy storage for industrial application SCG#53Agenda Part 1: Consolidated Results Part 2: Chemicals Business (SCGC) Part 3: Cement - Building Materials Business Part 4: SCGP Recap A Part 5: Financial Results 鳳 Part 7: Summary (K.Roongrote, President & CEO) Part 6: Sustainability SCG#54Summary Persisting business challenge albeit with gradually improving outlook in 2023 . SCG faced strong headwinds in 2022 from geopolitical tensions, energy crisis, China's prolonged Covid shutdown, rising inflation and interest rate hikes. Particularly soft demand pressured chemicals business, exacerbating what already was a trough cycle. • We expect 2023 business environment to be more favorable towards the second half of the year. • Chemical challenges are likely to continue in H1/23 but China's reopening is helping to lift sentiment. • Outlook for energy cost is mixed, with higher electricity tariff in Thailand but lower coal cost trajectory. • SCG will proactively manage cost by increasing alternative fuel use, adding renewable MW, upgrading equipment to be more efficient, and passing through costs. ⚫ Business transformation and strategic execution for longer term growth will continue. LSP project startup is expected in the middle of 2023. Ensuring sufficient liquidity, prioritizing CAPEX and investment, improving balance sheet strength, and deleveraging are SCG's key financial priorities for 2023. P.54 SCG#55Q & A SCG#56Appendix SCG#57Q4/22 Consolidated Results 142,666 Revenues from Sales 142,391 -14% y-o-y -14% q-o-q 122,190 Q4/21 Q3/22 Q4/22 21,410 4,267 EBITDA EBITDA -53% y-o-y +9% 9-0-9 8,307 P.57 Profit for the Period -98% y-o-y -94% q-o-q 2,444 157 Q4/21 Q3/22 Q4/22 Equity Income -17% y-o-y -9% q-o-q 9,322 200 10,122 17,143 4,118 Dividend from Associates 2,248 2,064 1,871 823 Chemicals 9,122 EBITDA from 1,715 1,108 6,004 Operations 1,241 Non-Chemicals 533 763 Q4/21 Q3/22 Q4/22 Q4/21 Q3/22 Q4/22 SCG#58FY2022 Segmented Revenue from Sales Chemicals accounted for 42% while non-Chemicals contributed 58% of total sales in FY2022 FY2021 Cement- Building Materials FY2022 MB 32% 300,000 530,112 MB Chemicals 45% 250,000 Packaging 23% Cement- Building Materials 32% 569,609 MB Chemicals 42% Packaging 26% 238,390 236,587 204,594 200,000 182,529 150,000 100,000 50,000 146,068 124,223 FY21 FY22 FY21 FY22 FY21 Cement - Building Chemicals* Materials* Note: *figures are before elimination of intersegment transactions. FY22 Packaging* P.58 SCG#59FY2022 Segmented Profit for the Year Chemicals earnings portion reduced from 61% in 2021 to 23% in 2022 FY2021 Cement- Building Materials Packaging 9% MB 13% Chemicals Subsidiaries 37% 35,000 47,174 MB 30,000 28,931 Others 17% 25,000 (61%) Chemicals 20,000 Eq Inc. 11,577 Equity Income 24% 15,000 10,000 Sub. 17,354 8,294 8,110 8,796 FY2022 Packaging 20% Chemicals* 23% 21,382 MB Cement- Building Materials 5,901 5,801 4,262 5,000 3,789 17% Eq Inc. 4,928 Sub. 973 FY21 FY22 Cement - Building FY21 FY22 FY21 FY22 FY21 FY22 Chemicals** Materials** Packaging** Others** Others 40% Note: *Chemicals subsidiaries dropped to -116 MB in FY2022 while Chemicals equity income was 24% of FY2022 profit **figures are before elimination of intersegment transactions. P.59 SCG#60FY2022 EBITDA on Assets, and EBITDA Margin Percent (%) 20.0 15.0 12.0 12.0 10.0 5.0 2011 2012 EBITDA Margin (%): 11 10 EBITDA on assets (excluding projects under construction) EBITDA on assets 14.0 14.0 17.8 17.8 15.2 16.2 13.9 13.0 14.7 12.7 11.8 11.4 10.8 8.7 7.0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 13 13 18 21 19 16 14 17 15 Note: EBITDA on Assets EBITDA margin = Trailing-12-month EBITDA / Total Consolidated Assets = EBITDA from Operations/Consolidated Sales P.60 SCG#61FY2022 Interest and Finance Costs Amounted to 7,523 MB, increased y-o-y from 6,758 MB in FY2021 MB 10,000 8,000 6,321 6,048 6,000 4,000 2,000 8,193 7,266 9,076 7,573 7,523 7,112 7,082 6,836 6,758 6,587 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 P.61 SCG#62SCGC: Market prices P.62 Q4/21 Q3/22 Q4/22 (A) Q1/23 Q4/22 vs Q3/22 Q4/22 vs Q4/21 Unit: $/T (A) (A) Oct Nov Dec Avg. (QTD) Q-o-Q % Y-o-Y % Brent 80 98 94 91 81 89 82.7 -9 -9% 9 11% Naphtha 745 714 680 699 639 673 673 -41 -6% -72 -10% Ethylene 1,094 942 886 918 910 905 850 -37 -4% -189 -17% HDPE 1,252 1,104 1,070 1,025 1,005 1,033 1,053 -71 -6% -219 -17% Propylene 938 895 879 868 895 880 903 -15 -2% -58 -6% PP 1,308 1,072 1,025 938 963 975 1,035 -97 -9% -333 -25% EDC 889 502 335 286 239 287 249 -215 -43% -602 -68% VCM 1,358 813 721 645 569 645 701 -168 -21% -713 -53% PVC 1,578 1,003 845 780 745 790 860 -213 -21% -788 -50% MMA 1,974 1,818 1,625 1,600 1,553 1,593 1550 -225 -12% -382 -19% BD 729 1,045 766 728 773 756 898 -288 -28% 28 4% Benzene 945 926 839 763 768 790 851 -136 -15% -155 -16% Toluene 787 970 960 872 765 866 829 -105 -11% 79 10% C2 - N 349 228 206 218 271 232 177 4 2% -117 -34% C3 - N 194 181 199 168 256 208 230 27 15% 14 7% HD-N 507 390 390 326 366 361 380 -30 -8% -147 -29% PP-N 563 358 345 238 323 302 362 -56 -16% -261 -46% PVC-EDC/C2 597 375 366 334 339 347 460 -28 -7% -250 -42% MMA-N 1,320 1,104 945 897 910 917 905 -187 -17% -312 -25% BD-N -23 331 86 29 134 83 225 -247 -75% 100 -625% BZ-N 200 212 159 64 128 117 178 -94 -45% -83 -41% TL-N 42 256 280 173 126 193 156 -63 -25% 151 360% Note: Prices are as of 23/01/2023#63SCGC: FY2022 financials: half-on-half comparison Unit: MB FY2022 H1/22 H2/22 . Revenue 236,587 135,951 100,636 (-0.8% y-o-y) • EBITDA(1) 17,745 (-57% y-o-y) 15,875 1,870 Equity Income 4,928 (-57% y-o-y) 2,997 1,931 Net Profit 5,901 (-80% y-o-y) 7,292 -1,391 Notes: 1. EBITDA including dividend from associates. 2. 2022 EBITDA margin of 3% was calculated from EBITDA from operations. Key Drivers H2 sales value was affected by price deterioration from global uncertainties, while full-year volume achieved of 2.5 MT. • • H2 EBITDA was affected by naphtha volatility and squeezed margins. Supported by strong HVA portfolio Associates were somewhat affected by the global downturn. Non-conventional business proved to be resilient, achieving +100% y-o-y of profits from renewable energy-related sector. H2 performance affected by the cyclical industry downturn, but supported by equity income from the associates' business model. P.63 SCGC SCG#64SCGC: Trough year and cyclical pattern of petrochemical industry P.64 Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 HDPE-N ($/T) 310 350 577 548 650 657 650 580 500 434 436 566 682 747 734 673 711 468 500 536 418 PP-N ($/T) 367 420 569 576 642 626 620 503 598 641 499 588 675 646 628 637 636 553 583 651 396 PVC- EDC/C2 ($/T) n/a n/a n/a n/a n/a n/a 463 305 304 404 465 399 332 334 369 415 388 391 453 577 407 Brent ($/bbl) 36 40 53 72 84 91 98 63 80 111 112 109 100 54 45 56 71 64 43 71 89 EBITDA margin 13% 14% 28% 19% 18% 13% 7% 17% 9% 5% 3% 9% 9% 20% 27% 24% 16% 16% 21% 20% 3% Note: EBITDA margin was calculated from EBITDA from operations SCGC SCG#65SCG GREEN CHOICE ESG Thank you