SAAM Energy Development Public Company Limited - 1 - 21 February 2020 Subject: Management Discussion and Analysis for the year ended 31 December 2019 To: The President The Stock Exchange of Thailand

No.IFEC/SorNorBor/2017/0051 August 25, 2017 Subject: Submission of operation results for the year of 2016 and clarification. To: President The Stock Exchange of Thailand Inter Far East Energy

SAAM Energy Development Public Company Limited - 1 - 12 May 2020 Subject: Management Discussion and Analysis for the period ended 31 March 2020 To: The President The Stock Exchange of Thailand SAAM

Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 964 2,738 1,112 2,520 (148) 218 (13%) 9% Other income 6 8 (2) (25%) Total revenues 3,708 3,640 68 2% Cost of sale (3,183

SAAM Energy Development Public Company Limited - 1 - 7 August 2020 Subject: Management Discussion and Analysis for the period ended 30 June 2020 To: The President The Stock Exchange of Thailand SAAM

% Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 575 249 516 237 59 12 11% 5% Other income 5 3 2 67% Total revenues 829 756 73 10% Cost of sale (406) (454) (48) (11%) Other expenses (104

2 Change Increase (Decrease) 2017 2016 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 1,094 2,466 167 373 927 2,093 555% 561% Other income 5 14 (9) (64%) Total revenues

2017 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 875 2,076 1,094 2,466 (219) (390) (20%) (16%) Other income 8 9 (1) (11%) Total revenues 2,959 3,569 (610) (17%) Cost of

Payment (AP) - Energy Payment (EP) 539 291 552 279 (13) 12 (2%) 4% Other income 9 5 4 80% Total revenues 839 836 3 - Cost of sale (457) (463) (6) (1%) Other expenses (101) (120) (19) (16%) Total expenses

Payment (AP) - Energy Payment (EP) 1,082 2,599 967 2,254 115 345 12% 15% Other income 6 7 (1) (14%) Total revenues 3,687 3,228 459 14% Cost of sale (2,992) (2,671) 321 12% Other expenses (291) (328) (37