is timely, inclusive, sustainable, affordable and secure

Security &Accessto achieve net zero & solve energy transition challenge

Environmental
Sustainability
all primary energy losses due to inefficiencies in67% ofelectricity generation, heavy industry & buildings

Switching energy sources to renewable,
but scalable solutions still being developed

Economic Development& Growth
Source: WEF Energy Transition Index 2021 / IEA Energy Efficiency 2022

Carbon capture playing a role through carbon captureand storage (CCS) facilities or with nature-based solutions

CONFIDENTIAL& prohibitedPROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited2

FUTURE
ENERGY

BEYOND
Renewable

Energy Storage& System Related

EV Value
Chain
Target by
2030:

1

Business Growth
LNG : 9 MTA Power (Conventional) : 8 GW
Renewable Energy : 15 GW

Mobility &Lifestyle

Hydrogen2

New Growth
Investment & NI
Future Energy and beyond > 30%

Life ScienceHigh ValueBusinessLogistics &Infrastructure

AI, Robotics& Digitalization

3

Clean Growth
15% Greenhouse Gas reduction from2020

CONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited3

Mton CO2e

Pursuit10of Lower Emissions~30 % (Clean growth)

15% GHG reduction from 2020 by 2030

GHG Reduction Initiatives
Carbon offset / RECs

15%
GHG reduction

5Carbonneutrality

Portfolio
PTT and 100%
owned subsidiaries~50 %2020

2025

2030

2035

2040

2045

2050

Transformation(Business growth) (Green portfolio)
RE 15 GW by 2030

Future Energy and Beyond 32%
of CAPEX 2021 - 2030

Partnership(Scope1&2)

0RECs

~20 %

with Nature and Society(Reforestation) PTT: 395,000 Acre by 2030
(PTT’s Existing): 440,900 Acre

CONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited4

3P

Decarbonization
Pathways

Pursuit of Lower Emissions
Portfolio Transformation
Partnership with Nature and Society

CCS

Estimated total
CO2 storage in Thailand

10,300 MtCO2e
ARTHIT 1.0 MtCO2e
Image from: Equinor

CCU

2025
• Sodium Bicarbonate2026• Nano Calcium Carbonate• Methanol
2027• CO2 to Animal protein

Image from: nstda

Renewable Energy
in Operation

HydrogenAccumulated CO2 reduction

Hydrogen-Gas Turbine(by product Refinery)

1.0 MtonCO2e
at 2030

Image from: PTT

0.12 MtCO2e/year

Image from :Audio und werbung/Shutterstock

CONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited5

Issue i-REC“We make the world better”“One stop service”
online platform that enables
renewable energy certificate
trading to accelerate green
energy usage and reduce
global warming

1 REC

RedeemCertificate
SupplyDemand1 MWh

Renewable
Energy Generation

BusinesswithREC Purchasewww.reacc.io
CONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited

6

Renewable Energy

RENEWABLEENERGY
BUSINESS
533 MW(11%)
2020

Target

4,750

15 GW

15,000MW

2,655 MW
(37%)

2023
7,122
MW

2030

20,000MW

By 2030

Conventional

ENERGY
STORAGE

Renewable

Energy Storage

G-box – Energy Storage System
For stability in energy management

Targeting 12,000 MW at 2030

Battery Production

Battery FactoryFirst Semi Solid factory in Southeast Asia
CONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited

7BatteryTechnology &ProductionProduct Platformo 4W, 2W, Bus/Trucko With Foxconn, EV Production
50,000 units/year (Constructing)o Strategiccollaboration
in battery
businessCharging Networko EV Station Pluz :705 EV chargingstations

Raw Materialo On-ion : over 470
parking spaces inmajor shopping
centers across thecountryo Chemical formulation(licensor)- Auto Part

Go to MarketPlatform
Swapping Battery

After-sales Service
As of Dec 2023
CONFIDENTIAL& prohibited
PROPRIETARY 8
PROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibitedCONFIDENTIAL& prohibited
PROPRIETARYPROPRIETARY & CONFIDENTIAL Any use of this material without specific permissionof PTT is strictly
Any use of this material without specific permission of PTT is strictly prohibited

9Thank you