DETAILS OF SIGNIFICANT RIGHTS OF USE OTHER LAND LEASEHOLD RIGHTS LAND LEASE AGREEMENTS WITH PTT A land lease agreement for the construction of a jetty and a seaside tank farm for liquid chemicals in Tambon Map Ta Phut, Rayong, with a term of 22 years and 4 days from December 28, 2014 to December 31, 2037, consisting of: The rental rate of a 8-2-70.90 rai land parcel to which PTT has gained the right through expropriation by the Treasury Department The rental rate of a 67-2-52.90 rai land parcel owned by PTT A portion of land in PTT Gas Separation Plant with a total area of 1 rai 1 ngan 24.5 square wah with a term of 3 years from January 1, 2019 to December 31, 2021. For the establishment of water production from sea water unit located at a seashore in Tambon Map Ta Phut, Rayong, with a total area of 5 rai 3 ngan 56.73 square wah with a term of 16 years and 66 days from October 27, 2021 to December 31 2037. LEASE AGREEMENT AND SERVICE AGREEMENT WITH ENERGY COMPLEX COMPANY LIMITED 555/1 Energy Complex Building A A lease agreement for a 14,227 sq.m. office space in Lobby A, on Floors 14-18 in Building A, storage and pantry for a term of 3 years from October 1, 2021 to September 30, 2024, consisting of: (1) 302 sq.m. office space in Lobby A; (2) 13,675 sq.m. office space on Floors 14-18; (3) 135 sq.m. storage space on Floors 14, 16-17; (4) 65 sq.m. storage space on M Floor in Building F; and (5) 50 sq.m. pantry As of October 1, 2021, the rental of the 462 sq.m. office space on Floor 10 was discontinued. LEASE AGREEMENT WITH THE STATE RAILWAY OF THAILAND An area in the Map Ta Phut train station with a total area of 15,900 square meters with a term of 3 years from June 16, 2019 to June 15, 2022. INTANGIBLE ASSETS The intangible assets of GC and its subsidiaries as at December 31, 2021 consist of: (Unit: Million Baht) Intangible Asset Net book value after accumulated amortization and allowance for impairment Obligation Useful Life Production license fees 5,352 - 10-30 years Computer software 3,972 - 3-10 years Customer contracts and the related customer relationships 34,298 - 11-23 years Right to use others 42,395 251 8-50 years Intangible assets under development 484 - Total 86,501 251 DETAILS OF SIGNIFICANT INTANGIBLE ASSETS PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED RIGHTS TO USE PIPE RACKS GC has been granted the right to charge right-of-use fees from users making a request to lay pipes on its pipe racks at the rate specified in the piperack agreement. The amount of the right-of-use fee charged to each user will depend on the value of GC’s investment and the location where the user is laying pipes. ELECTRICITY GENERATION LICENSES (1) GC (Branch 2) was granted a license to operate an electricity generation business with a capacity of over 150 megawatts from the Energy Regulatory Commission. Installed power generation capacity at 357.230 megawatts (expansion of power generation capacity of 35.300 megawatts on June 2, 2021). The license is valid for 15 years from December 3, 2009 until December 2, 2024. (2) GC (Branch 2) was granted a license to operate the electricity sale business from the Energy Regulatory Commission. The license is valid for 15 years from December 3, 2009 until December 2, 2024. (3) GC (Branch 2) was granted a license to operate the electricity distribution system business from the Energy Regulatory Commission. The license is valid for 15 years from December 3, 2009 until December 2, 2024. (4) GC (Branch 6) was granted a license to operate an electricity generation business with an installed capacity of over 10 megawatts but not exceeding 150 megawatts from the Energy Regulatory Commission. Installed power generation capacity at 89.752 megawatts. The license is valid for 10 years from February 14, 2011 until February 13, 2021. The 5-years renewal (first time) from February 14, 2021 until February 13, 2026. The renewal was issued on January 27, 2021. There are 4 specific conditions to operate electricity business (as set out in the licence). 383 BUSINESS OPERATION AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL REPORTS AND FINANCIAL STATEMENTS APPENDIX
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