% Total Revenues 1,994,081 2,398,510 -17% 1,571,084 1,666,564 -6% Profit (loss) before loss from allowance (184,851) 149,195 -224% 38,502 129,365 -70% margin -10% 7% 3% 8% Profit / (Loss) before interest

’ Meeting for consideration of approval of dividend payment to the shareholders at the rate of Baht 0.07 per share, which is not exceeding the total amount of Baht 40,185,596.15. The dividend payment to the

Page 1 of 7 Management Discussion and Analysis 1Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 1Q19 Total revenue of THB 3,000m, increased by 167% YoY. The

of electricity - Base tariff and Ft 3.4 2.8 0.6 21.4 Sales from Solar Energy Power Plants 3.4 2.8 0.6 21.4 Total sales and service income 1,314.1 1,216.6 97.5 8.0 Sales and service income (included

55.9% Sales from Solar Energy Power Plants 3.4 5.3 1.9 55.9% Total sales and service income 1,314.1 1,621.0 306.9 23.4% Change Sales and service income (included revenue from finance lease under a Power

%) Sales of electricity - Base tariff and Ft 5.0 4.8 (0.2) (4.0%) Sales from Solar Energy Power Plants 5.0 4.8 (0.2) (4.0%) Total sales and service income 1,740.6 1,471.4 (269.2) (15.5%) Sales and service

) Million baht % Total Revenues 424.76 444.51 (19.75) (4.44) Cost of Goods Sold and Services 448.36 428.19 20.17 4.71 Sales & Administration Expenses and Financial Cost and Tax Expense 20.02 22.54 (2.52

1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Total Revenue/1 2,023.4 3,074.1 1,050.7 51.9% 5,470.5 6,877.1 1,406.6 25.7% Total Cost 859.8 881.0 21.2 2.5% 2,388.2 3,495.2

Public Company Limited and its subsidiaries (“the Company” or “CRC”) reported total revenue of THB 41,376 million, decreased by 21.3%. Net loss was THB 2,519 million, decreased THB 4,287 million from the

, and service fees. In 2022, the Company had other incomes of 21.16 million Baht, increased by 14.61 million Baht compared to 2021 with total other incomes of 6.55 million Baht, which was mainly due to