reported a core service revenue of Bt138,569mn, increasing 4.2% YoY, attributed to the performance of all core services dedicated to delivering high-quality products, as well as additional revenue

48.50 million, a decrease in the management benefit expenses of THB 2.86 million and a decrease in the financial cost of THB 0.03 million. However, the increasing of expenses lost from impairment of

SAAM Energy Development Public Company Limited - 1 - 13 February 2019 Subject: Management Discussion and Analysis for the year ended 31 December 2018 To: The President The Stock Exchange of Thailand

. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of

38,459 million in net profit, increasing Baht 4,121 million or 12.00 percent compared to the year before. The increase was mainly due to a decrease of Baht 9,278 million or 22.19 percent in allowance for

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying

line with our target of ~15%. ESG & Carbon Neutrality Carbon neutrality will be IVL’s key differentiator going forward, and we have laid out a strategy to include recycling, renewable energy, ethical

Company Limited would like to inform on company meeting agreement held on 13 November 2017 as follows; 1. The approval on Vanachai Energy Industries Company Limited (subsidiary company) to increase the

Group Public Company Limited would like to inform on company meeting agreement held on 13 November 2017 as follows; 1. The approval on Vanachai Energy Industries Company Limited (subsidiary company) to

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