investment 149.44 8.73% 69.87 3.32% 113.89% Cost of production temporarily stopped 21.91 1.28% - 0.00% 100.00% Finance cost 48.22 2.82% 62.23 2.95% -22.52% Total Expenses 1,925.41 112.46% 3,615.77 171.56

3Q 4Q 1Q Business Design Building Construction including M&E Park Decorations Technical Systems in Production Equipment Used in Production Lights & Electronics Installation Producton Test-run Open for

-869-323 Fax: (66) 038-869-333 – Unofficial Translation – No. GST/ELCID-13/2019 August 9, 2019 Subject: The Debt to Equity Conversion, the Increase of Registered Capital, the Allocation and Offering of

operation and increase in the Company’s financial liquidity, used as working capital and to repay debt which would help reduce the interest burden of the Company. On the date that the Board of Directors

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1

to the continuously rising price of cullet which is the key raw material in the production process of amber glass bottles causing the packaging cost to increase considerably. However, the Group

Public Company Limited (“NEWS”), an existing shareholder of GNET, at the price of Baht 865.30 per share, which the total price is 164,403,759.95 Baht and the obligation to repay accrued debt together with

: 1) Increased electricity and steam sales volume of GPSC SPP; and 2) An unplanned outage of GLOW Energy Phase 5 in June 2020 impacting overall production efficiency of GLOW SPP plants, However, average

the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter. At the same time, our robust capital position was sufficient to cushion against

liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final