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

(English Translation) Page 1 Date : 5 February 2018 Subject : Notification of the Board of Directors’ Resolution Concerning the Plan to Spin Off its Subsidiary and to List Shares on the Stock

year 2017. The net profit consisted of 19.42 million Baht net profit in the Separate financial statement and share of profit from investment in associated company amounted 84.23 million Baht. According

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2018 ended on 31 December 2018 which were audited by the auditor. The Company

total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 37% in the third quarter of 2019. - Bad debt and

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2017 ended on 30 June 2017 which were reviewed by the auditor. The Company hereby

increased 6.69 million Baht compared with the year 2016. The net profit consisted of 32.36 million Baht net profit in the Separate financial statement and share of profit from investment in associated company

quarter of 2020. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of total revenues was down to 35% in the first quarter of 2020. - Expect

“Company”) submitted its separate financial statement and its consolidated financial statement for the first quarter of 2019 ended on 31 March 2019 which were reviewed by the auditor. The Company hereby

as last year. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 39% in the first quarter of 2019. - Bad debt and