Bangkok, The PTT Plc. Board of Directors will have a meeting today. To approve 1 of the 5 CEO candidates who have been approved by the Nomination Committee to succeed Mr. Atthaphon Rerkphiboon, Chief Executive Officer and President of PTT Public Company Limited. ) or PTT on 13 May 2024 For the list of applicants: 1. Mr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT Global Chemical Public Company Limited or GC and Chairman of the Board of Directors, Global Green Chemicals Public Company Limited. 2. Mr. Buranin Rattanasombat, Chief Operating Officer, New Business Group and infrastructure, PTT Public Company Limited 3. M.L.Pikthong Thongyai, Executive Vice President, Natural Gas Business Unit, PTT Public Company Limited. 4. Mr. Phongphan Amornwiwat, Executive Vice President, International Trade Business Unit, PTT Public Company Limited. 5. Mr. Worawat Pittayasiri, Chief Executive Officer and President of Global Power Synergy Public Company Limited or GPSC. Mr. Atthaphon said Perform ance in 2023 is in line with the target. Both old businesses related to petroleum and continuing businesses Including new businesses such as renewable energy power plants with over 4,000 megawatts and will reach 15,000 megawatts in 2030. Comprehensive EV investment project. which includes joint venture factories that are hired to assemble cars according to orders At this time there are negotiations on the business of nutrition and health supplements. As for the transmission of natural gas prices in the Gulf of Thailand In the event that the producer is unable to deliver gas according to the conditions of the natural gas purchase contract or Shortfall PTT proceeds according to the resolution. The Energy Regulatory Commission or Energy Regulatory Commission paid this fine of 4,300 million baht to help reduce electricity costs for the people. by deducting debts From the price of gas in the month of January 2024, as for the adjustment of the price structure of POOL GAS, we are studying plans to reduce the overal l impact, such as requesting approval from the Energy Regulatory Commission to import LNG during the cheap price period. At the moment, the LNG spot price is around 9 USD per million BTU. Lower than the estimate of $13, so the impact may not reach 6.5 billion baht. 'During this time, the price of LNG on the spot or spot market is around $9/million BTU. PTT is in discussions with the Energy Regulatory Commission to request permission to expedite imports so that the cost of electricity will be low and there will be As a result, PTT's costs and burdens are lower as well," Mr. Atthaphon said. Source: Thai News Agency