business transfer, UE will proceed with dissolution and commence liquidation within the same fiscal year in which the entire business transfer will take place in order to comply with the rules, procedures

May 15, 2019 Subject: Notification of the resolution of the Board of Directors in relation to the approval of financial statements of the 1st quarter of fiscal year 2019 To: The President The Stock

No: AH 03112022 November 14th, 2022 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2022 Ended as of September 30th, 2022 To: The

litigation (15.86 ) (15.86 ) #DIV/0! (5.36%) 0.00% Reversal of doubtful accounts 0.40 62.94 62.54 99.36% 0.14% 8.88% Finance costs (62.30 ) (36.13 ) 26.17 (72.43%) (21.06%) (5.10%) Tax income (expense) (0.26

(15.86 ) (15.86 ) #N/A (5.36%) 0.00% Reversal of doubtful accounts 0.40 62.94 62.54 99.36% 0.14% 8.88% Finance costs (62.30 ) (36.13 ) 26.17 (72.43%) (21.06%) (5.10%) Tax income (expense) (0.26 ) (9.44

consists of advance payment for purchase of land Baht 100 million and leasehold improvement, equipment and computer software Baht 181 million Finance Costs In 2019, The Company had total interest paid of

THORNTON SERVICES COMPANY LIMITED KAEWSONG (2548) PUBLIC COMPANY LIMITED GLOBAL THAI FINANCE , LTD COMPANY LIMITED GLOBLEX SECURITIES COMPANY LIMITED KHAO KLA VENTURE CAPITAL MANAGEMENT COMPANY LIMITED

and joint ventures 73.9 4.6% (1.6) (0.1%) (102.1%) Finance costs (Interest expenses) (181.3) (11.4%) (314.7) (11.9%) 73.5% Finance costs - Loans for projects (113.8) (7.2%) (163.0) (6.2%) 43.3% Finance

0.5% (63.3) (75.8%) Finance costs (Interest expenses) (292.7) (11.4%) (424.6) (11.1%) (132.0) 45.1% Finance costs - Loans for projects (175.0) (6.8%) (251.8) (6.6%) (76.8) 43.9% Finance costs - Loans

and ABPR2 is 5.5% p.a. for fiscal year end 2016). ADB Facility On June 16, 2017, B.Grimm Power entered into a facility agreement with ADB acting as trustee of the Canadian Climate Fund (the “Lender