management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized

revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

success of the business depends on the number of customers. The potential of the business is thus difficult to be assessed than projects which have operated or provided services for a while. 10 Table of

previously recorded impairment losses. Meanwhile, in Q4– 2022, the impairment was assessed along with a recorded impairment loss on financial assets by 32.6 MB. Fair value profit (loss) on FVTPL equity

prepared solely for reference for non-Thai shareholders of the Company. It should neither be relied upon as the definitive nor the official document of the Company. The Thai version is the official document

Director 1 Disclaimer: The English translation of this document is prepared solely for reference for non-Thai shareholders of the Company. It should neither be relied upon as the definitive nor the official

accordingly. Sincerely yours, T.K.S. Technologies Public Company Limited (Mr. Somkid Wekinvattanased) Managing Director 1 Disclaimer: The English translation of this document is prepared solely for reference

Public Company Limited 1. Key Highlights in Q2/2020 1.1 BAM was included in MSCI and FTSE The Company was included in MSCI Global Standard, assessed by Morgan Stanley Capital Investment and FTSE SET Mid