SAAM Energy Development Public Company Limited - 1 - 21 February 2020 Subject: Management Discussion and Analysis for the year ended 31 December 2019 To: The President The Stock Exchange of Thailand

) 104.10% EBITDA 23.99 (285.67) 108.40% Net Profit (Loss) (317.93) (826.32) 61.52% Profitability For Year End + (-) For Year End 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Major revenue of The

SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of

Management Companies against the Incorrect Selling Price or Redemption Price of Investment Units of Open-End Funds _____________ By virtue of Clause 26/1 of the Notification of the Securities and Exchange

the Incorrect Selling Price or Redemption Price of Investment Units of Open-End Funds _____________ By virtue of Clause 26/1 of the Notification of the Securities and Exchange Commission No. KorNor. 46

Incorrect Selling Price or Redemption Price of Investment Units of Open-End Funds _____________ By virtue of Clause 26/1 of the Notification of the Securities and Exchange Commission No. KorNor. 46/2541, Re

1 At JSP 067/2561 (OOP) 14 June, 2018 Subject Notifications of the connected transaction-borrowing from connected person, Appointment of Director replace the directors that were resign before the end

1 --Translation- Sor Gor 75/2017 July 21, 2017 Subject: Management Discussion and Analysis for the second quarter ended June 30, 2017 (Unaudited) To: The President The Stock Exchange of Thailand

1 --Translation- Sor Gor 85/2017 August 24, 2017 Subject: Management Discussion and Analysis for the second quarter ended June 30, 2017 (Audited) To: The President The Stock Exchange of Thailand

its sales revenue is vigorously increased and the Company is able to generate higher gross margin in certain projects. 2 Financial Status 2.1 Assets At the end of 2016 and of Q3/2017, the Company