Long-term Purchase Agreement of power, live steam, and extraction stream

The main revenue comes from the operation of the BEC and BPC's power plant, which are from power purchase with PEA and from steam purchase with BSF. In the period of May 1, 2017 to April 30, 2018 by estimated from profit and loss statement, the revenue from power purchasing with PEA and the steam purchasing with BSF accounted approximately 74% and 26% respectively of the total revenue from power plant operation of BEC and BPC.

Stability of Major Raw Material Supply for Production

Bagasse, RO water and Condensate water are major raw materials for power plants. BEC and BPC entered into the Biomass Raw Material Purchase Agreement, the RO Water Purchase Agreement and the Condensate Water Purchase Agreement with BSF. The terms of all agreements are the same as the terms of the Net Revenue Transfer Agreement. And such agreements will secure a reliable source of raw material for power plants.

In case that BSF is not capable of delivering bagasse as specifications in the Agreement at the prescribed amount without special circumstances as prescribed in the Biomass Raw Material Purchase Agreement, BSF agrees to supply other substituted biomass raw materials at an amount equivalent to the bagasse shortfall amount at the unit price prescribed in the Net Revenue Transfer Agreements or in case that BSF is not capable to supply substituted biomass raw materials, BSF agrees to fine 2 times the unit price of the shortfall bagasse (including substituted biomass raw materials) for compensating partial revenue losses to the Fund.

The customer's BEC and BPC have acceptable credit.

The main revenue of BEC and BPC's power plant comes from the power purchase with PEA and from the steam purchase with BSF. PEA and BSF continue to require power plant products.

The Administrative and Managerial Expenses in Lump Sum are fixed to reduce the volatility of Net Revenue

Due to the Administrative and Managerial Expenses in Lump Sum are fixed, the fund has no risk in terms of agreement renewal and charges adjustments.

Holding investment units of BRR

BRR will hold investment units of the fund not exceeding one-third (or approximately 33.33%). As the undertaking agreement, BRR agrees to hold units not less than 20% of the already sold units of investment any time for ten years of time commencing from the completed investment date.

BRR, the holding company of Buriram Sugar Group will hold investment units of the fund. It is built the confidence that Buriram Sugar Group efficiently manage and operate their power plant in order to generate cashflows in accordance with their plans.

BRR, BEC and BPC agreed to place the collaterals to guarantee their duty performance to the fund.

BRR, BEC, and BPC agreed to place the collaterals in order to guarantee their duty performance to the fund and to pay off all BEC and BPC debt

BRR committed to looking after the group and encouraging its operation.

BRR as the holding company of Buriram Sugar Group entered into the agreements to ensure that the company and the group fulfill their obligations under Net Revenue Transfer Agreements and other agreements required for the operation of power plant.

Environmental Management

BRR and/or a subsidiary company of BRR maintain a well-managed environment by constantly controlling and evaluating the environment. BEC and BPC's power plant have the pollution control system, the sound level measurement system, the wastewater management and the waste disposal system; also there are 25 rais of green area in the power plant which is some of wastewater would return to use.

In 2012, BEC and BPC have been certified ISO 14001:2004 and received numerous awards for being power plant companies from many institutes.