previous year (end of 2018: THB 296.99 million) mainly due to the Company’s generation of net profit. SAAM Energy Development Public Company Limited - 5 - Please be informed accordingly, Yours sincerely, Mr

9.54 100.00 (0.11) (1.14) SAAM Energy Development Public Company Limited - 3 - - Cost of sales Cost of sales related to generation and distribution of electricity under SAAM-SP1 mainly includes (1

Solar Energy Business 131.23 121.16 10.07 8.31 Cost of sales and services 198.74 137.74 61.00 44.29 Printing Business 147.84 88.57 59.27 66.92 Solar Energy Business 50.90 49.17 1.73 3.52 Gross Profit

services consists of cost of sales from electricity generation and distribution and costs of services and rental from provision of services and development of renewable energy projects. For the year 2018

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

SAAM Energy Development Public Company Limited - 1 - 6 November 2020 Subject: Management Discussion and Analysis for the period ended 30 September 2020 To: The President The Stock Exchange of

as local wisdom, art and culture or creativity based businesses, such as alternative energy, software, movies, contents and animation industries. Knowledge on fund raising and required preparation will

sales of the Group Company consists of costs of services and rental from services and development of renewable energy projects businesses, and cost of sales from electricity generation and distribution

resolved to approve the acquisition of up to 40% shares of total paid-up capital in TSE Overseas Group Company Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public

securities of Glow Energy Public Company Limited, and the scheduling of Extraordinary General Meeting of Shareholders No. 1/2018 Attention: President Stock Exchange of Thailand Enclosure: Information