Company Relationship As at 31st December 2021 Connected Transaction 2019 2020 2021 (million baht) 1. PTT Public Company Limited (PTT) Major shareholder holding 45.18% of the shares in GC Common Directors: 1. Mr. Don Wasantapruek Directors who are PTT Executives: 1. Mr. Noppadol Pinsupa 2. M.L. Peekthong Thongyai 3. Mr. Disathat Panyarachun 4. Mr. Kongkrapan Intarajang Common Management: 1. Mr. Kongkrapan Intarajang Sales/Purchase transaction of products and services Statements of Income Transactions Sales of goods or rendering of services 29,047 17,738 19,503 Purchases of goods or receiving of services 237,553 176,071 272,177 Other income 26 519 10,068 Interest expense - 16 17 Other expense 193 74 159 Statements of Financial Position Balances Trade accounts receivable – related parties 2,265 2,056 2,063 Other accounts receivable – related parties 38 168 497 Trade accounts payable – related parties 17,400 12,427 47,164 Other accounts payable – related parties 90 57 99 Lease liabilities - related parties - 355 560 CONNECTED TRANSACTION CONNECTED TRANSACTION BETWEEN RELATED COMPANIES As at 31 December 2021 accounting period, GC conducted significant business transactions with its subsidiaries and related companies with common shareholders and/or Directors. Connected transactions with other entities which may result in conflicts of interest are based on market or contractual prices (the prices agreed in previous contracts) - if there are no reference market prices. Details of the relationships with these companies are as follows: 204 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2021
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