Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Issuance of

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 B.Grimm stands with our stakeholders to

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Q2’2020 net profit grew 62.5% y-on-y

which occurred on mid of 2019 for projects’ working capital. Statement of Financial Position (Unit: Million Baht) Details 31 Mar 2020 31 Dec 2019 Increased (Decreased) % Assets Current assets Cash and

parts segment amounting to Baht 2,259 million. Financial Position Analysis (Unit : Million Baht) Year Year Change 2019 2018 Amount % Change Total Assets 21,246 17,891 3,355 18.75% Total Liabilities 13,766

associates. Financial Position Analysis (Unit : Million Baht unless otherwise stated) June December Change 2019 2018 Amount % Change Total Assets 18,987 17,891 1,096 6.12% Total Liabilities 10,783 9,944 839

increase in revenue from program right business. 5 Financial Position Assets Total assets as at 31st December 2017 and 31st March 2018 were THB 3,138.54 million and THB 2,980.12 million, respectively. Assets

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

2021. However, microchip shortages and lockdown in Malaysia and Thailand affected our performance from July to September 2021. 2) Financial Position Analysis (Unit : Million Baht) September December

, mainly from higher sale incentive and commission from dealership businesses. 4) Improved SG&A in terms of % to revenue. 2) Financial Position Analysis (Unit: Million Baht) March 2022 December 2021 Change