PTTEP Project and Financial Overview

Results | Q1/22 Highlights $ % Terminology Change Q1'22 Highlights (QoQ) - Recurring Net income Non-recurring Net income Average Selling price +10% Liquid +20% Gas +4% Average Sales volume +2% (6KBOED) mainly from increased DCQ of Arthit project from 220 mmscfd to 280mmscfd Outstanding Oil Price Hedging volume $. Q1'22: 11.55 mmbbl Q4'21: 15.4 mmbbl Q4'21 Extra gains Other income from Malaysia Block K redetermination Reduction in DDA from Bongkot Decommissioning Liabilities adjustment 513 Profit (Loss) from normal operation Profit (Loss) from non-operating items PTTEP Profit (Loss) from normal operation Q1'22 vs Q4'21 Non-operating items in Q1'22 Unit: million USD Q4'21 Extra gains 170 54 Redeter. of Block K Increase P/L mainly from product price 59 Bongkot Decom. adjustment Q4 21 57 m$ increase P/L from normal operation 19 240 12 570 Oil price hedging losses Others 318 Q1 22 P/L from normal operation 252m$ Loss from non-operating items Q1 22 Net Profit

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