Operation Date EBITDA Earnings before Interest, Tax, Depreciation and Amortization FX Foreign Exchange Rate IPP Independent Power Producer PPA Power Purchase Agreement SPP Small Power Producer Projects

increase in gas consumption arising from the inclusion of the power plants, despite partly offset by a decrease in the average effective price of natural gas price which is tied to the weighted average price

131.83 26.27 19.93 1. Revenues from sales and services in amount of Baht 491.21 million, a decrease of Baht 6.72 million or 1.35%, which was a decrease of revenue from printing business at Baht 18.05

, a decrease of Baht 19.20 million or 2.73%, which was a decrease of revenue from printing business at Baht 29.82 million or 9.07% and an increase of revenue from power plant at Baht 10.62 million, or

foreign exchange loss, mainly come from USD loan at asscociate companies in Power business, and resulting into Net Profit of Baht 43.5 million, 89.8% decrease from 1Q2019. Significant Events in 1Q2020

performance Statement of income Consolidated Financial Statements for Quarter 1 of 2020 Quarter 1 of 2019 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

due to the decrease in Base Availability Credit in 2018 compared to that of 2017, as specified in the Power Purchase Agreement. ,.5 The effect of exchange rate of the Company and its subsidiar ies In

performance Statement of income Consolidated Financial Statements for Quarter 2 of 2019 Quarter 2 of 2018 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

power project in Thailand amounting to THB 0 .91 million. Moreover, SAAM Group’s selling and administrative expenses decreased from a THB 0.59 million decrease in expenses related to the preparation for

for Q1/2022 compared to Q1/2021 decrease 4.3% from 33.4% to 29.1% mainly derived from the decreasing of gross profit margin of natural gas power plant by 11.4% due to the increasing in average natural