... UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand can neither
percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and
% ( Total consolidated sales and services income excluding construction revenue under concession agreement of 2,100.73 million Baht, decreased by 121.19 million Baht or 5.45%) and Net profit attributable to
of UWC’s investment in Power Plants business as UWC entered into Share Purchase Agreement with Absolute Clean Energy Plc. on July 10, 2020 in the total amount of THB 851.20 million even though this
and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company
million or 67% due to the increase in Energy Payment (EP) and the increase in Availability Payment (AP). The availability rate was increased from 99% to 100% with the depreciation of Thai Baht, which are
recognizing gross profit from 3 of GLOW’s IPP plants of Baht 1,541 million. As for Sriracha Power Plant, gross profit increased by Baht 37 million due to lower maintenance cost from Long Term Service Agreement
TRANSLATED VERSION As of February 9, 2011 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the
the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to 32.5 percent of