SAAM Energy Development Public Company Limited - 1 - 10 May 2019 Subject: Management Discussion and Analysis for the period ended 31 March 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 12 May 2020 Subject: Management Discussion and Analysis for the period ended 31 March 2020 To: The President The Stock Exchange of Thailand SAAM

: The President The Stock Exchange of Thailand Takuni Group Public Company Limited (“The Company”) and its subsidiaries (“The Group”) would like to clarify the change in operating result for the period

1 / 6 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 30 September 2019

2018 (“Q2 2018”). The details are as follows: Executive Summary The operating results of the second quarter of the year 2018, for the three-month period ended 30 June 2018 (Q2 2018), the Company

shutdowns for planned maintenance more than those of the same period of the previous year. This resulted in the decrease in revenue from sales and rendering of services (excluding fuel costs) due to the

Operating Results and Financial Position of the Company and its subsidiary 1.1 Analysis of Overall Operating Results for the Company and its subsidiary for the three-month period ended March 31, 2019 Table 1

consolidated financial statements for the three-month period ended 30 June 2019 and 2020 Revenues Q2/63 % Q2/62 % Change +/(-) Revenue from hotel operations 34 6% 279 69% (88%) Revenue from property development

of city shutdown measures both at home and abroad Which results in more economic activity to be carried out the indicators for private consumption have returned to the same level as the same period

No. ADD 20/2023 10 August 2023 Subject: Management discussion and analysis for the performance for the six-month period ended 30 June 2023 To: President The Stock Exchange of Thailand AddTech Hub