1.6 Total liabilities 3,352.1 8,315.1 (4,963.0) (59.7) Issued and paid-up share capital 5,088.0 4,579.0 509.0 11.1 Share Premium 3,896.0 - 3,896.0 100.0 Retained earnings - Unappropriated 1,831.9

three-month period ended Q1-2020 Q1-2019 Change 2020 2019 THB Mn % Sales of electricity - FiT 623.1 580.4 42.7 7.4 FiT Premium 43.7 42.6 1.1 2.6 Sales of electricity to Industrial Users (IU) 4.7 2.4 2.3

- FiT 614.4 623.1 635.3 2.0% 3.4% 1,194.8 1,258.4 5.3% FiT Premium 41.5 43.7 37.4 (14.4%) (9.9%) 84.1 81.1 (3.6%) Sales of electricity to Industrial Users (IU) 3.1 4.7 4.7 0.0% 51.6% 5.5 9.4 70.9% Sales

227,339 163,372 39% Shareholder's equity Share capital 5,615 5,245 7% Share premium 60,331 44,848 35% Retained earnings & Reserves 64,018 52,094 23% Total equity attributable to shareholders 129,964 102,188

available for sale investment in securities. Shareholders’ Equity Unit: million baht As at March 31, 2019 As at December 31, 2018 Variance Paid up capital 2,100.0 2,100.0 - Premium on ordinary shares and

to market of the available for sale investment in securities. Shareholders’ Equity Unit: million baht As at March 31, 2019 As at December 31, 2018 Variance Paid up capital 2,100.0 2,100.0 - Premium on

Company reported net profit for year 2019 at 356.7 million baht of which gain attributable to equity holders of the Company at the amount of 350.8 million baht. Earnings per share equaled to 0.17 baht. 4

Transaction in such shareholding percentage is considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares

also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Financial costs decreased by 30.8

million into our capital structure as of June 30, 2017, the illustrated net interest-bearing debt to equity ratio would be 1.6 times. Development of Solar Projects Pursuant to Notification of the State