Held Before Acquisition/ Disposition 2 % Group of Held Acquisition/ Disposition 2 % Group of Held After Acquisition/ Disposition 2 Remark 3 File No QLT Mr. Kitisak Jampathipphong Acquisition Stock 3.66

Held Before Acquisition/ Disposition 2 % Group of Held Acquisition/ Disposition 2 % Group of Held After Acquisition/ Disposition 2 Remark 3 File No TMC Mr. Chuchat Chaichukiat Acquisition Stock 4.9752

Held Before Acquisition/ Disposition 2 % Group of Held Acquisition/ Disposition 2 % Group of Held After Acquisition/ Disposition 2 Remark 3 File No OTO Mr. Boon-aue Chitthanorm Disposition Stock 12.2702

Held Before Acquisition/ Disposition 2 % Group of Held Acquisition/ Disposition 2 % Group of Held After Acquisition/ Disposition 2 Remark 3 File No DIMET Mr. Ho-chih Huang Acquisition Stock 0 16.1866

”) (Revised) To President The Stock Exchange of Thailand In reference to Clarification Letter on the Information in the Financial Statements Quarter 3 , ended 3 0 September 2 0 1 7 , as inquired by the Stock

SAAM Energy Development Public Company Limited - 1 - 13 February 2019 Subject: Management Discussion and Analysis for the year ended 31 December 2018 To: The President The Stock Exchange of Thailand

a quicker turnover of raw material and keep minimum stock less than 30 days. 1.2 The cost of By-products Sales was depending on market price at the time of sales and the cost will contribute to the

. (“Aukkrarawat”) To: President The Stock Exchange of Thailand In reference to: Clarification Letter on the Information in the Financial Statements Quarter 3 , ended 3 0 September 2 0 1 7 , as inquired by the Stock

managed to have a quicker turnover of raw material and keep minimum stock less than 30 days. 1.2 The cost of By-products Sales was depending on market price at the time of sales and the cost will contribute

under the Innovation Development Program to Support Provision of Capital Market Services [regulatory sandbox]. “fee” means a fee for undertaking business according to license; “Exchange” means the Stock