subsidiary, please kindly find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 December 2019 MANAGEMENT DISCUSSION

, please kindly find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 December 2017 MANAGEMENT DISCUSSION AND

– Consolidated (Million Baht) For 3-month period ended March 31, Increase (Decrease) % 2020 2019 Revenues from sales and services 156.84 182.43 (25.59) (14.03%) Gross profit from sales and services 33.38 37.25

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

, which changed in revenue and net profit compared with the last year as follows: Statement of Comprehensive Income (Unit : Million Baht) Details Three-Month Period Nine-Month Period 30 Sep 19 30 Sep 18

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