agreement after Phase 2-4 start to operate water distribution. The Company will purchase more GS’s share in the future from exisiting shareholder of GS 138,288 shares with a par value of Baht 100.00 per share

appraisal of the appropriate price range are presented in Section 1, Clause 1.3.1 of this report.) 5. The terms and conditions of the draft Sale and Purchase Agreement, as is generally used in the sale and

shareholders' equity (if any) = 758,844,322 – 2,195,804 – 90,563,365 – 0 = 666,085,153 baht Remark * Financial Statement as of December 31, 2017 Size of Transaction = The value of consideration NTA

loss rate increased from the year 2018 due to the decrease of the total revenue of the company while having higher administrative expenses as mentioned above. Financial Statement for the ended of 30

repaid by GSTEL. Total Value and Criteria used in determining a transaction’s total value The Company will enter into an amendment of the agreement with GSTEL to extend the loan period of the ending

more than 0.03% but less than 3% of book value of Net Tangible Assets (the reviewed of the consolidated financial statement as at 30 June 2017). Therefore, the company would need to disclose this

investment in ICUK, which is indirectly held by CVHLUX. ICUK’s performance and financial position shall be reflected in the Company and subsidiaries’ consolidated financial statement with increasing proportion

more than 0.03% but less than 3% of book value of Net Tangible Assets (the reviewed of the consolidated financial statement as at 30 September 2017). Therefore, the company would need to disclose this

expenses and costs. - Net profit according to the financial statement increased by Baht 3.64 million, or 22.67%, in Q3’20; and increased by Baht 49.30 million, or 121.85%, in the nine-month period. 2

reduce production costs in the long run. - Net profit according to the financial statement decreased by Baht 1.48 million, in Q2’21; and decreased by Baht 38.11 million, in the six-month period. 2