debt to total equity ratio of the Company was due to the ability of revenue recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company

2019 The progress of the MRT Blue Line Extension Project At the end of September 2019, the progress of the installation of the M&E Systems of the MRT Blue Line Extension Project (Hua Lamphong - Lak Song

ended December 31, 2018 as follows: Performance Overview The Company and its subsidiaries had profit attributable to equity holders of the Company amounting to Baht 2,494.31 million, increasing from the

the nine-month ended September 30, 2018 as follows: Performance Overview The Company and its subsidiaries had profit attributable to equity holders of the Company amounting to Baht 2,126.61 million

procurement in previous years, such as the High-Speed Internet Service Project in Remote Area and the New Parliament Project in Information and Communication Technology. In terms of total operating expenses in

-scale projects had delayed their procurement in previous years, such as the High-Speed Internet Service Project in Remote Area and the New Parliament Project in Information and Communication Technology

since November 2016 iii) Completion of Project under Construction Power plant Type of power Category of producer Equity holding (%) Contracted Capacity (MW) Equity Capacity (MW) COD Gulf VTP Gas-fired

35.58% 4.57 25.02% 2.76 60.39% Profit for equity holders of the Company 7.35 35.71% 4.59 25.14% 2.76 60.18% Profit for non-controlling interests of the subsidiaries (0.03) (0.13%) (0.02) (0.12%) 0.00

36.06% 10.27 27.89% 3.47 33.76% Profit for equity holders of the Company 13.76 36.13% 10.29 27.95% 3.47 33.72% Profit for non-controlling interests of the subsidiaries (0.03) (0.08%) (0.02) (0.07%) 0.00

Corporation Plc. (PACE) to clarify the assumptions used in the fair value measurement of its investment in Pace Project One Co., Ltd. (Pace One) and Pace Project Three Co., Ltd. (Pace Three) and submit to the