Page 1 of 2 No. ACC1805/02 May 31, 2018 Subject: Explanation of Financial Performance for the Quarter 1/2018 ended March 31, 2018 To: President, The Stock Exchange of Thailand According to the

electricity 4.62 31.81 4.57 32.23 0.06 1.20 SAAM Energy Development Public Company Limited - 3 - Consolidated financial statements Cost of sales and services Quarter 3 of 2020 (Unaudited but reviewed) Quarter 3

Management Discussion and Analysis For the Financial Result of Quarter 1 Year 2019 Ended March 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the

increase in Ft rate. Q3/2018 Financial and Operating Highlights * ไม่รวมต้นทุนค่าเสื่อมราคาและค่าตัดจ าหน่าย Operating highlight in Q3/2018 Q3/17 Q2/18 Q3/18 Change +/(-) 9M/17 9M/18 Change +/(-) (THB

MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and

7.01 40.54% Consolidated financial information The gross profit increased Baht 11.83 million or 20.58%; from Baht 57.49 million in quarter 1/2017 to Baht 69.31 million in quarter 1/2018, due to following

Page 1 of 2 No. ACC6008/002 August 15, 2017 Subject: Explanation of Financial Performance for the Quarter 2/2017 ended June 30, 2017 To: President, The Stock Exchange of Thailand According to the

Page 1 of 2 May 15, 2019 Subject: Explanation of Financial Performance for the Quarter 1/2019 ended March 31, 2019 To: President, The Stock Exchange of Thailand According to the Financial Statements

412.28 (44.66) (12.61) 707.30 715.26 (3.01) (0.50) - Publishing business 106.04 174.50 (68.45) (39.23) 258.61 331.35 (72.74) (21.95) - Electricity business 257.67 237.78 23.79 13.25 448.69 383.91 69.73

Company”) would like to announce the operating results for the three-month period ended March 31, 2019, which has been reviewed by an auditor as follows: Unit: Million Baht CONSOLIDATED FINANCIAL STATEMENTS