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

Change Increase (Decrease) 2019 2018 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 1,127 3,129 875 2,076 252 1,053 29% 51% Other income 38 8 30 375% Total revenues 4,294

SAAM Energy Development Public Company Limited - 1 - 10 May 2019 Subject: Management Discussion and Analysis for the period ended 31 March 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 9 August 2019 Subject: Management Discussion and Analysis for the period ended 30 June 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of

Baht 35 million to Baht 56 million. Quarter 2 Quarter 2 2020 2019 Revenue 374 383 (9) -2% Cost 318 348 Gross profit 56 35 21 60% Gross profit margin 15.0% 9.1% Other income 1 1 0 1% Selling & Admin

1.72 million or 3.09% from the same period SAAM Energy Development Public Company Limited - 2 - of previous year mainly due to decrease in sales of electricity and decrease in other income from