on the total value of consideration criterion which granted the highest result, referenced from the consolidated audited financial statement of the Company ended March 31, 2019. After the computation

numbers in the financial statement Q3/2019 and 2018 Table 1: Profit/Loss Statement in Q3/2019 and 2018 Numbers Consolidated Financial Statement Separate Financial Statement Q3/2019 Q3/2018 %Variance Q3/2019

2018 Numbers Consolidated Financial Statement Separate Financial Statement 2019 2018 % Variance 2019 2018 % Variance 1. Gross income million THB 10,040.40 11,301.89 (11.16%) 7,783.64 9,172.49 (15.14%) 2

while cash flow increases from loan for project development. Important numbers in the financial statements Q1/2020 and 2019 Table 2: Profit/Loss Statement in Q1/2020 and 2019 Percentage Consolidated

Statement 19 Table 8 Debt Profile 20 Table 9 Joint Ventures Performance 20 Table 10 IVL Consolidated Statement of Income 21 Table 11 IVL Consolidated Statement of Financial Position 22 Table 12 2019 Planned

of debt as shown in the consolidated financial statement of debenture issuer, deducted by cash and cash equivalents" to" the total liabilities only with the interest-bearing debt as shown in the

-term land rental agreement, is considered to fit under the criteria of investment. In calculation of the transaction value the consolidated financial statement dated December 31, 2019 is being referenced

recognized upfront 50-year lease payments. Performance Summary Consolidated Statement of Comprehensive Income Revenues 1,421 1,064 2,564 141% 80% 3,233 5,858 81% - Residential 1,017 625 501 (20%) (51%) 1,563

of total assets in the consolidated financial statement ended March 31, 2019, the size of which falls in between 15–50 percent, and shall be determined as a Class 2 transaction under the Acquisition or

of the highest value when calculated from 12-month period net profit criteria consideration based on the latest reviewed consolidated financial statement ended March 31, 2020 which equals to 32.52% and