Structure As of June 30, 2020, the Company reported total interest-bearing debt of THB 43,791 mn, an increase from the balance as of December 31, 2019 of THB 33,210 mn, mainly due to the higher long-term

placed greater emphasis on adjusting their deposit portfolio structure to increase the proportion of CASA while managing liquidity appropriate to the changing environment and in compliance with BOT

1,689 million Baht. This was mainly due to the investments from Apollo and the fair value measurement since Q2 2017. Appropriateness of the Funding Structure In 2017, the Company had total debt to equity

maintenance of power plants and other related business Shareholding structure : Name of shareholders % shareholding 1. Thai Solar Energy Public Company Limited 99.997% 2. Miss Cathleen Maleenont 0.001% 3. Mr

กับระดับความเสี่ยงที่ผูลงทุนแตละรายยอมรับได 1.2 ผูออกตราสารหน้ี (“issuer”) 1 ตราสารหนี้ complex/risky ไดแก sub-debt, unrated, structure note, securitized, hybrid, perpetual, sukuk, Basel III 2

Group’s cost structure is characteristically higher than MACO’s core business, as a result of higher computer, software and installation expenses. The cost of sales comprised of cost of advertising services

on Assets (ROA) (%) 5.64% 6.21% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.88 0.88 Debt Service Coverage ratio (DSCR) (time) 2.19 2.26 Note: 1) Gross profit and Net profit were

) (%) 5.38% 5.66% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.91 0.86 Debt Service Coverage ratio (DSCR) (time) 2.25 2.13 Note: 1) Gross profit and Net profit were excluded construction

and Capital Structure As of 31 December 2019, the Group had a current ratio of 1.24, increased from 0.32 at end of 2018. This improvement was mainly due to a repayment of all short-term borrowing from

Structure The total assets as of December 31, 2019 was THB 29,161.6 million increased from THB 4,772.0 million as of December 31, 2018, which consists of THB 5,126.6 million of total current assets and THB