tender offer of shares, it shall be deemed that the Company has acquired shares of GLOW by means of the takeover via other juristic persons. The Company is thus required to calculate the cost of the

other juristic persons. The Company is thus required to calculate the cost of the acquisition of the shares of GLOW (the “Acquired Cost”) and is required to make a tender offer for the shares of GLOW at

contribution from GHECO-One; despite favourable impact from higher Gross Profit from Operation, lower Finance Cost and lower Income Tax Expense. 3 Normalized Profit attributable to Owners of the Parent The

of October 2019.  Cua Lo Vietnam Project achieved COD in 3Q2019 with capacity of 13,000 cubic meters per day PERFORMANCE BY BUSINESS Total Revenue and Share of profit of Utilities Business in 3Q2019

due to lower contribution from GHECO-One; despite favourable impact from higher Gross Profit from Operation, lower Finance Cost and lower Income Tax Expense. 3 Normalized Profit attributable to Owners

General Shareholders’ Meeting report Agenda 2 Acknowledge the performance of UREKA for the year 2019 and Annual Report 2019 Opinion of the Board of Directors See as appropriate for the company to present

Group will focus on improving performance of existing branches in terms of sales and efficiency. Growth will come from opening new franchise branches, in particularly the small-size concepts such as brand

1 of 9 Management’s Discussion and Analysis for the performance of the year 2019 Business Overview For the ended of the year 2019, S Hotels and Resorts Public Company Limited (“the Company”) had total

-02_012) Management’s Discussion and Analysis for the performance of the three months ended of the year 2020 Business Overview For the three months ended of the year 2020, S Hotels and Resorts Public

-One coal-fired power plant, which account for 67% of the total Normalized Net Income decrease. In 2Q2020, GHECO-One continued solid operating performance with zero unplanned outage in 2Q2020. However