Electricity Generating : 19 April 2021 The Resolutions of Shareholders' 2021 Annual General Meeting

No. EGCO 110/142

Date: April 19, 2021

Attn: President of the Stock Exchange of Thailand

Subject: The Resolutions of Shareholders' 2021 Annual General Meeting

Electricity Generating Public Company Limited ("EGCO") held the Shareholders' 2021 Annual General Meeting on April 19, 2021 at 2.00 p.m. through electronic device in accordance to the Emergency Decree on Electronic Meeting B.E. 2563 including any other related rules and regulations. The Meeting considered and passed the resolutions as detailed below:

1. The Meeting approved the Minutes of the Shareholders' 2020 Annual General Meeting held on July 20, 2020 by the majority of shareholders attending the meeting and casting their votes

with the following voting results:
Approved	376,984,108 votes,	or	100.0000%
Disapprove	0 vote,	or	0.0000%
Abstained	93,954 votes,
Voided Ballots	0 vote,

2. The Meeting acknowledged the performance of the Company for the year 2020.

3. The Meeting approved the Financial Statements for the year ended December 31, 2020, by the majority of the shareholders attending the meeting and casting their votes with the following

voting results:
Approved	382,844,333 votes,	or	100.0000%
Disapprove	0 vote,	or	0.0000%
Abstained	15,000 votes,
Voided Ballots	0 vote,

4. The Meeting acknowledged the payment of interim dividend for the first half-year operation of 2020 in the amount of 3.00 THB per share and approved the dividend payment from the second-half year operation performance of 2020 at THB 3.50 per share, totaling THB 1,843 million on April 27, 2021. As a result, the total 2020 dividend payment was THB 6.50 per share or THB 3,422 million.

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The resolution was passed by the majority of the shareholders attending the meeting and casting their votes with the following voting results:

Approved	361,494,833 votes,	or	94.4197%
Disapprove	21,364,500 votes,	or	5.5802%
Abstained	0 vote,
Voided Ballots	0 vote,

5. The Meeting appointed Ms. Amornrat Peampoonvatanasuk, Certified Public Accountant (Thailand)

No. 4599, Mr. Vichien Khingmontri, Certified Public	Accountant (Thailand) No. 3977 and
Ms. Rodjanart Banyatananusard,	Certified	Public	Accountant (Thailand)	No.	8435
of PricewaterhouseCoopers ABAS	Limited as	auditors,	with the remuneration for	year	2020

of THB 3,522,400 and the out- of- pocket expenses for audit in Thailand at not exceeding THB 175,000. The Company would also be responsible for the auditors' traveling expenses in the countries where the Company invested as deemed appropriate. The Board of Directors was authorized to approve the alternate certified public accountant with PricewaterhouseCoopers ABAS Limited as well as to approve the review fee of the financial statements of subsidiary, associated and joint venture companies which would be established or acquired during the year. The resolution was passed by the majority of the shareholders attending the meeting and casting their votes,

with the following voting results:
Approved	359,908,000 votes,	or	94.0076%
Disapprove	22,941,533 votes,	or	5.9923%
Abstained	9,800 votes,
Voided Ballots	0 vote,

6. The Meeting approved the bonus for the 2020 performance and Board of Directors' remuneration for year 2021 as detailed below:

1. The bonus amount at THB 25 million is accountable to 0.73% of 2020 dividend payment, to be allocated at the Board's discretion.
2. The monthly retainer fee of THB 30,000 and the meeting allowance of THB 10,000 for each board meeting are provided to directors. The Chairman and the Vice Chairman of the Board shall receive an additional 25% and 10% remuneration both in retainer fee and meeting allowance, respectively. Any absent directors should not receive the meeting allowance.
3. Remuneration of the Board' s Committees namely the Audit Committee, the Investment Committee, the Nomination and Remuneration Committee, the Corporate Governance and

Social Responsibility Committee and the Risk Oversight Committee at the same rate as approved by the Shareholders in 2020. The details of Board Committees' are as follows:

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Committee	Retainer Fee (THB)	Meeting Allowance (THB)
	Chairman	Member	Chairman	Member
Audit Committee	25,000	20,000	25,000	20,000
Investment Committee	25,000	20,000	25,000	20,000
Nomination and	25,000	20,000	25,000	20,000
Remuneration Committee
Corporate Governance	-	-	30,000	24,000
and Social Responsibility
Committee
Risk Oversight Committee	-	-	30,000	24,000

The Chairman of each committee will receive an additional 25% of remuneration.

1. No other benefits are provided to the Board of Directors and the Board Committee.
2. The remuneration of any Committee newly established or revised during the year, shall be at the Board's discretion as appropriated and on responsibility of each committee.
3. The President is not entitled to any Directors' remuneration.

The resolution was passed by the votes in favor exceeding two-thirds of the total votes of Shareholders attending the Meeting and having the rights to vote, with the following voting results:

Approved	378,940,518 votes,	or	98.9764%
Disapprove	3,918,595 votes,	or	1.0235%
Abstained	220 votes,
Voided Ballots	0 vote,

7. The Meeting appointed 5 directors including 2 new independent directors and 1 re-elected independent director, and 2 directors for another term by the votes in favor exceeding four-fifths of the total votes of shareholders attending the Meeting and having the rights to vote. The voting result was detailed as follows:

Directors	Number of votes of shareholders attending the meeting and
and		having the right to vote
Type of Directorship
Approved	Disapproved	Abstained	Voided Ballots
	(%)	(%)	(%)	(%)
1) Mrs. Wannipa Bhakdibutr	381,026,830	1,832,402	101	0
Independent Director	(99.5213)	(0.4786)	(0.0000)	(0.0000)

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	Directors	Number of votes of shareholders attending the meeting and
	and		having the right to vote
	Type of Directorship
	Approved	Disapproved	Abstained	Voided Ballots
		(%)	(%)	(%)	(%)
2)	Mr. Poomjai Attanun	380,056,330	2,802,102	901	0
	Independent Director	(99.2678)	(0.7318)	(0.0002)	(0.0000)
3)	Mr. Pasu Loharjun	380,327,715	2,530,717	901	0
	Independent Director	(99.3387)	(0.6610)	(0.0002)	(0.0000)
4)	Mr. Kulit Sombatsiri	377,520,445	4,267,088	1,071,800	0
	Director	(98.6055)	(1.1145)	(0.2799)	(0.0000)
5)	Mr. Pisut Painmanakul	379,175,215	3,683,218	900	0
	Director	(99.0377)	(0.9620)	(0.0002)	(0.0000)

8. Other Business

• None -

Please be informed accordingly.

Yours sincerely,

Mr. Thepparat Theppitak

President

Corporate Secretary Division

Tel. [phone] - 27

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