Number of ordinary shares The Company holds (After investment) 500,000 shares 4.9 Par value 5.00 Baht 4.10 Shareholding Structure of RAM Before Investment List of shareholder Amount % Porpotion VIBHA -0

to newly invest a subsidiary Cal-Comp Brazil Holding Co., Ltd. for the purpose of future organization structure and operating plan for the brazil entities, and details as the following; Estimated

increased from the selling Steel Structure Tower. In the six-month period of 2020 was Baht 119.58 million was increased of Baht 21.55 million or 21.99% from the revenues of Baht 98.03 million of the six-month

BS15, shareholder’s loan granted by the Seller on the share transfer completion date and remaining cash on the share transfer date) Shareholding structure after the completion of shares purchase: The

structure + (-) 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 The Group recorded THB 257.35 million of total revenue in Q1-2020, decreased by 27.26% comparing to THB 353.79 million of the same period

flows from operations 5. Paid-up registered Capital : 25,000,000 บาท baht divided into 2,500,000 ordinary shares of 10 baht per share The Shareholding Structure before and after the transaction Name list

หุ้น (ก่อนทำรายการ) BB Textbox Attachment Structure (Before Acquisition) 75% Higashi Nihon Mega Solar 3 (GK) Kurihara (GK) AE Power (GK) 99.99% 99.99% 99.99% 99.99% 99.99% 100% 99.99% 100% 99.99% 99.99

Business improved from 31.6% in 1Q2017 to 35.1% in 1Q2018 mainly due to increased selling volume and ability to manage operating costs effectively. Our 1Q2018 Gross Profit was recorded at Baht 149.0 million

percent due to an increase in revenue, resulting in more receivables. However, such debtors are debtors with normal repayment ability. 1.2 Property, plant and equipment as at December 31 , 2018 and December

them or their customers. Therefore, the company's performance is mostly affected by its ability to win and retain business from the existing and new customers. In turn, customer demand is affected by