) Items 30 June 2018 31 December 2017 Increase (Decrease) % Net Assets 6,459,148 6,229,084 230,064 3.69 Net Liabilities 1,827,135 1,365,377 461,758 33.82 Shareholders’ equity 4,632,013 4,863,707 (231,694

assets of THB 407.24 million, mainly comprising property, plant and equipment (PPE) including solar power project and land under its subsidiary, and investment properties including project land used as

of Quarter 1 of 2020, SAAM Group presented total assets of THB 431.81 million, mainly comprising property, plant and equipment (PPE) including solar power project and land under its subsidiary, and

total assets of THB 424.60 million, mainly comprising property, plant and equipment (PPE) including solar power project and land under its subsidiary, and investment properties including project land used

loss in Q1 2020 but turned profitable in Q1 2021. 3) Lower tax expenses. 2) Financial Position Analysis (Unit : Million Baht) March December Change 2021 2020 Amount % Change Total Assets 23,138 22,346

total assets increased by Baht 855.33 million, largely attributable to increase in inventory, property, plant and equipment and right of use assets. Total liabilities decreased by Baht 214.46 million

memorandum pursuant to Schedule 2 of the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets

purchase of property, plant, and equipment (iv) cash paid on purchase of intangible assets and (v) cash paid on dividend payment to shareholders 8 Dividend payout ratio is calculated from cash paid on

acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/ 2551 re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of

108,412 103,064 22% (5%) Leasehold rights 13,881 14,086 21,323 54% 51% Property & equipment (PP&E) 1,552 1,646 1,590 2% (3%) Other non-current assets 12,566 22,262 26,592 112% 19% Total non-current assets