significant changes in liabilities in the first quarter of 2020, which was an increase in debentures of the subsidiary that raised funds. Issued debentures before the COVID-19 outbreak and lease liabilities

the Subsidiaries’ machines to repay debenture debt as per this information memorandum. (4) Value of Securities Issued as Consideration for the Acquisition of the Asset Criteria Cannot be calculated due

51.78 2.64% 43.22 2.04% TOTAL LIABILITIES 397.54 20.26% 483.41 22.82% SHAREHOLDERS’ EQUITY Shareholder equity 383.00 383.00 Registered capital Issued and Paid up capital 383.00 19.52% 383.00 18.08

383.00 383.00 Registered capital Issued and Paid up capital 383.00 16.92% 383.00 16.33% Premium on stock 519.67 22.96% 519.67 22.16% Retained earnings Legal reserve 75.07 3.32% 74.90 3.19% Un-appropriated

31.3 Total liabilities 3,068.5 3,352.1 (283.6) (8.5) Issued and paid-up share capital 5,088.0 5,088.0 - - Share Premium 3,896.0 3,896.0 - - Retained earnings - Unappropriated 2,425.5 1,831.9 593.6 32.4

liabilities 109.2 68.7 40.5 59.0 Total liabilities 3,507.9 3,352.1 155.8 4.6 Issued and paid-up share capital 5,088.0 5,088.0 - - Share Premium 3,896.0 3,896.0 - - Retained earnings - Unappropriated 2,370.0

216.9 Derivative liabilities 0.3 - 0.3 N.A. (>100) Other liabilities 77.3 68.7 8.6 12.5 Total liabilities 4,589.1 3,352.1 1,237.0 36.9 Issued and paid-up share capital 5,088.0 5,088.0 - - Share Premium

5,309.0 4,436.9 872.1 19.7 Issued and paid-up share capital 5,088.0 5,088.0 - - Share Premium 3,896.0 3,896.0 - - Retained earnings - Appropriated - Legal reserve 26.0 26.0 - - Retained earnings

5,205.5 4,436.9 768.6 17.3 Issued and paid-up share capital 5,088.0 5,088.0 - - Share Premium 3,896.0 3,896.0 - - Retained earnings - Appropriated - Legal reserve 26.0 26.0 - - Retained earnings

from its large projects. Contract assets decreased by 390.4 MB, representing a decrease of 29.9% because at the end of the year 2021, an invoice was issued for the completed project and delivered. As a