year of the said amount from the day following the filing date until the debt is paid in full. Hero Experience has completely recorded the debts payable to creditors in the financial statements, except

construction as collateral against debts for selling by auction. Result from this subsequent event, the Company recorded impairment loss of non-current assets for sale from cost higher than the price under sale

increased to support higher requirement for production. As of March 31, 2020, Net Interest-bearing Debt to Equity improved from 0.18 to 0.16 times as a result of lower debts and higher equity. Shareholders

is paid in full. Hero Experience has completely recorded the debts payable to creditors in the financial statements, except for the late payment penalties and interest of 7.5 - 15.0 percent per year

from 0.16 to 0.30 times as a result of higher debts and slightly higher equity. Shareholders' Equity As of June 30, 2020, shareholders' Equity was Bt11,795 million, an increase of Bt34 million, mainly

the debts payable to creditors in the financial statements, except for the late payment penalties and interest of 7.5 - 15.0 percent per year. As mentioned above, Hero บมจ.0107537002109 Page 12 of 15

2021. Note that profitability in Q1 2020 was affected by one-time expenses recorded in Q4 2019 of Baht 1,083.04 million. Interest bearing debts to equity (IBD/Equity) ratio of 1.12 times as at Q1 2021

bearing debts to equity (IBD/Equity) ratio has also been improving steadily from 1.28 times in Q3 2020 to 0.98 times at Q3 2021. 4) Thailand Automotive Industry (Unit: Cars) Quarter 3 January – September

assets (ROA) as of Q1 2022 were at 12.0% and 4.4% respectively. The Company’s profitability indicators were higher than those of Q1 2021 as the profit improved. Interest bearing debts to equity (IBD/Equity

in line with improved profitability. Interest bearing debts to equity (IBD/Equity) ratio improved to 0.7 times as at Q1 2023 from 0.8 times as at Q1 2022. 4) Thailand Automotive Industry (Unit: Cars