-General The Office of the Securities and Exchange Commission (SEC Office) We, [Name of the juristic person or non-juristic group of persons in Thai and English], having an office at
SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of
President The Stock Exchange of Thailand Enclosure: Information memorandum regarding the acquisition of up to 40% shares of total paid-up capital in TSE Overseas Group Company Limited (List no. 1) Fortune
(Edited Information Memorandum on the Acquisition of Assets) To President The Stock Exchange of Thailand Enclosure: Information memorandum regarding the acquisition of up to 40% shares of total paid-up
752.7 -38.1% 326.9 1,091.9 -70.1% - Utilities Business (37.0) - N/A (66.2) - N/A - Power Business 502.5 752.7 -33.2% 393.1 1,091.9 -64.0% Adjustment Items: - Foreign Exchange Loss / (Gain) related to
the Securities and Exchange Act B.E. 2535 (1992), as amended by the Securities and Exchange Act (No. 4) B.E. 2551 (2008) , and Section 114, Section 115, Section 116 and Section 117 of the Securities and
the Securities and Exchange Act B.E. 2535 (1992), as amended by the Securities and Exchange Act (No. 4) B.E. 2551 (2008), and Section 114, Section 115, Section 116 and Section 117 of the Securities and
Exchange or the securities trading center with the approval of the Office, as the case may be; (2) short sale of securities which are debt instruments, whereby the Office also has the power to issue