Investor Presentaiton

NATURAL HEDGING POLICY EGCO's Natural Hedging Policy 79% of EGCO's outstanding loans is denominated foreign currencies which are matched with revenue from power plants received as dividend, also known as "Natural Hedge" Strategy EGCO continues the Natural Hedge policy because the FX Gain/loss incurred is unrealized which only affects to accounting • • All investments and gains are managed in the domestic currency thus EGCO does only experiences unrealized FX Gain/Loss Gains in domestic currencies are used to seek for new projects for investments YEARS 35EGCO GROUP EGCO & Subsidiaries Outstanding Loan (EGCO Portion) Unit: Million Baht -5.2% 119,650 113,382 20% THB 21% 3% AUD 3% 13% EUR 15% 63% USD 61% Example: Interest & Payment Payment 30-Sep-22 30-Dec-22 Bank Loan Company Sales Customers Loan Currency 30 Sep 22 30 Dec 22 +/-% USD USD USD No gain/loss from foreign exchange EUR 1,995 428 1,990 -0.25% 466 +8.88% THB F/S AUD UNREALISED gain/loss from foreign exchange THB 151 24,011 151 23,386 -2.60% Moving Forward, the Company has plans to adjust the EGCO group debt structure as masterplan Note: FX as of Sep 22 (USD = THB 38.07, EUR = THB 37.58, AUD = THB 25.06) FX as of Dec 22 (USD = THB 34.73, EUR = THB 37.21, AUD = THB 23.79) 32

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