Million Baht equivalent 786% from the same period of previous year. Therefore the company would like to clarify that the change was caused mainly by the significan transaction as bellows 1/2 1.1 Sales and

to change the image of the brand, prospect customer and planned to change marketing strategy together with the management way for better efficiency. Therefore, the Company sold the right to claim of

services or change the nature of services that is provided by the branch office from the scope that is previously permitted by the Office, the management company shall make another request for permission

service as per its granted scope. Nevertheless, if the management company intends to expand the scope of services or change the nature of services that is provided by the branch office from the scope that

there is any change in exercise price and exercise ratio under the circumstances as defined by the notifications of Capital Market Supervisory Board. The Company may adjust the exercise price and exercise

market therefore, their sales has no affect to a significant change to the total sales in this quarter. As for the nine month-period ended September 30, 2019 the Company and its subsidiary still has a

. Additionally, change in fair value of the investment in EDL-Generation Public Company decreased the equity in the amount of Baht 263.33 million. 3.3.3 Non-controlling interests decreased by Baht 13.44 million

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

SAAM Energy Development Public Company Limited - 1 - 10 May 2019 Subject: Management Discussion and Analysis for the period ended 31 March 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 9 August 2019 Subject: Management Discussion and Analysis for the period ended 30 June 2019 To: The President The Stock Exchange of Thailand SAAM