doubtful accounts 56.85 - 56.85 Earnings before interest and tax (12.13) 135.08 Finance costs - Main businesses 20.06 23.05 (2.99) -13% Finance costs - Solar energy 35.41 35.69 (0.28) -1% Profit before

% 0.77 1.25 62.34% Earnings before Interest and taxes 34.47 16.90 19.09 -44.62% 12.96% 69.40 35.99 -48.14% Financial expense (0.15) (0.26) (0.73) 386.67% 180.77% (0.30) (0.99) 230.00% Profit before income

gain/(loss) 0.34 (0.31) (0.30) -188.24% -3.23% 1.57 (0.16) -110.19% Other income 2.45 0.57 0.49 -80.00% -14.04% 3.22 1.74 -45.96% Earnings before Interest and taxes 12.96 19.09 16.94 30.71% -11.26% 82.36

50.28 25.89% Gross profit margin 15.47% 13.76% Other income 5.33 4.73 Selling expenses 3.36 9.99 (6.63) -66.39% Administrative expenses 111.43 108.51 2.92 2.69% Earnings before interest and tax 135.08

% Administrative Expenses 14.7 8.2% 19.0 11.1% 4.3 29.3% Total Expenses 37.1 20.8% 43.3 25.2% 6.2 16.7% Earnings Before Interest and tax 9.8 5.5% 9.5 5.5% -0.3 -3.1% Finance Cost 13.3 7.5% 14.7 9.4% 1.4 10.5% Tax

exchange gain/(loss) 1.30 (0.35) (0.16) -112.31% -54.29% 0.50 (0.51) -202.00% Other income 0.46 0.53 0.49 6.52% -7.55% 1.27 1.02 -19.69% Earnings before Interest and taxes 47.20 71.45 14.76 -68.73% -79.34

0.50 257.14% Other income 0.58 0.81 0.46 -20.69% -43.21% 1.25 1.27 1.60% Earnings before Interest and taxes 19.10 49.87 47.20 147.12% -5.35% 35.99 97.07 169.71% Financial expense (0.73) (0.60) (0.62

foreign exchange gain/(loss) (0.30) 1.30 (0.86) 186.67% -166.15% (0.16) (0.36) 125.00% Other income 0.49 0.46 1.54 214.29% 234.78% 1.74 2.81 61.49% Earnings before interest and taxes 16.94 47.20 71.28

earnings before interest and taxes (EBIT) based on NEXT’s operating performance reported in the audited financial statements for the year ended December 31, 2 0 2 0 (the “Financial Statement”), and the

ROA Book value per share (BVPS) Gross profit Revenue from sales of goods and rendering of services + Revenue from finance lease Total Revenue Net profit Interest expense Earnings before interest and tax