SAAM Energy Development Public Company Limited - 1 - 6 November 2020 Subject: Management Discussion and Analysis for the period ended 30 September 2020 To: The President The Stock Exchange of

Intercarabao Limited (“ICUK”). Revenue from sales of our energy drinks under Carabao trademark to existing export markets amounted to THB 968 million and THB 2,740 million, increased by THB 129 million or 15.4

196,000 ordinary shares of Hin Kong Power Holding Company Limited or 49 percent of the total shares at THB 10 per share, which is at par price, totaling THB 1.96 million to Gulf Energy Development Public

mainly resulting from loss result of the forward contract (FX Forward) in order to hedge foreign exchange risk of transactions payments of raw material and machinery purchases in foreign currency

valuable learning opportunity for delegates at all stages of RI adoption and we look forward to further collaborative opportunities with these partners.”Ms. Valerie Kwan, Director of Engagement, Asia

. UNDP is working with the government sectors to drive forward SDGs financing and encourage private sectors to get more involved in the effort, mainly by implementing five approaches, namely (1

fund managers and investors in participating member states. We welcome SEC Philippines’ participation, and look forward to more ASEAN members joining the framework.” Ms Ruenvadee Suwanmongkol, SEC

capital) to meet and develop networks through a variety of activities, such as focus groups, seminars, training, websites or social networking, etc. This is to make another step forward, after the SEC?s

support of the Thai capital market to strive forward as a regional financial connector, the SEC will increase capital market product variety, such as relaxing rules on investment of retail and accredited

. โครงการของบริษทั ผลิตไฟฟ้า นวนคร จ ากดั ส่วนขยาย (คืบหนา้ร้อยละ 92.3) 2. โครงการบริหารจดัการขยะครบวงจร หรือ Rayong Waste to Energy: WTE (คืบหนา้ร้อยละ 57.5) 3. โครงการ Energy Recovery Unit: ERU (คืบหนา้ร้อย