Solar Energy Public Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction value of Baht 1,695 million 2. The meeting resolved to approve the

Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction

117 million has split into 3 transactions and it will be complete after completing the condition stated in the agreement. The first transaction; 51% of total share with the value of USD 2.04 million or

19,968 22,644 13.4% Steam sales 420 397 -5.5% Others 303 678 123.8% Sales and services income 20,691 23,720 14.6% 3 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Electricity

18 0.0% 15 18 20.0% Sales to EDL 0 8 n/a 48 8 -83.3% Electricity sales 7,311 7,769 6.3% 7,465 7,769 4.1% Steam sales 126 137 8.7% 132 137 3.8% Others 214 249 16.4% 165 249 50.9% Sales and services

EDL 59 84 42.4% 43 32 -25.6% Electricity sales 22,644 25,668 13.4% 8,529 9,370 9.9% Steam sales 397 408 2.8% 128 143 11.7% Others 678 576 -15.0% 148 178 20.3% Sales and services income 23,720 26,652

”) in the amount of 132,000 shares with a par value of THB 100 per share or representing 66 percent of all shares of SUTG to Mr. Suparuek Na Songkhla (“Mr. Suparuek”), Mr. Inthidej Pala-in and Miss

250,000,000, divided into 25,000,000 shares (with the par value of THB 10 per share). The Company will hold the shares 20 percent of total registered capital, representing to 5,000,000 shares or THB 50,000,000

separate row. 1.2.2 Product information Give a separate description of each product line or business group in the following matters. (1) Characteristics of products or services and development of business

line or business group in the following matters. (1) Characteristics of products or services and development of business innovation. Describe the characteristics of each product or service to give