Quarter 2 of 2019, SAAM Group’s service and rental income, representing stable income generation from long-term contracts with clients operating solar power projects in Thailand, amounted to THB 27.46

Baht 35 million to Baht 56 million. Quarter 2 Quarter 2 2020 2019 Revenue 374 383 (9) -2% Cost 318 348 Gross profit 56 35 21 60% Gross profit margin 15.0% 9.1% Other income 1 1 0 1% Selling & Admin

80.47 Finance costs - Existing businesses 23.05 44.03 (20.98) -47.64% Finance costs - Solar energy 35.69 - 35.69 Profit before income tax 76.34 36.45 Income tax expense 6.29 5.17 Profit for the year 70.04

29.90 2.93 10% Earnings before interest and tax 25.87 23.08 Finance costs - Main businesses 5.49 4.46 1.03 23% Finance costs - Solar energy 8.99 9.48 (0.49) -5% Profit before income tax 11.39 9.14 Income

Amount Change Q2.2020 Q2.2019 Amount % Q2.2020 Q2.2019 Amount % Revenue from sale – net 282.42 286.02 -3.60 -1.26% 277.85 284.32 -6.47 -2.27% Others income 10.91 19.17 -8.27 -3.11% 11.11 18.01 -6.90 -8.29

Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis

Baht 83 million or (22%) from Baht 383 million in Q3/2018 to Baht 466 million in Q3/2019. The increase was derived from all business units: engineering service, management service, solar energy, and

solar energy unit Baht (4) million or (6%). It was since the repayment of long-term borrowing in the solar energy business. Income tax expense Income tax increased Baht 4 million which was mainly derived

fluctuations, and the increase in revenue from sale of electricity following greater irradiation. - Sales income SAAM Group’s income from sale of electricity is generated from a 2.0 MW solar power project in

since the repayment of long-term borrowing in the solar energy business. Income tax expense Income tax decreased Baht (1.24) million or (51.4%), which was mainly derived from the overall operating results