Change Increase (Decrease) 2019 2018 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 1,127 3,129 875 2,076 252 1,053 29% 51% Other income 38 8 30 375% Total revenues 4,294

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

SAAM Energy Development Public Company Limited - 1 - 9 August 2019 Subject: Management Discussion and Analysis for the period ended 30 June 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of

Baht 35 million to Baht 56 million. Quarter 2 Quarter 2 2020 2019 Revenue 374 383 (9) -2% Cost 318 348 Gross profit 56 35 21 60% Gross profit margin 15.0% 9.1% Other income 1 1 0 1% Selling & Admin

1.72 million or 3.09% from the same period SAAM Energy Development Public Company Limited - 2 - of previous year mainly due to decrease in sales of electricity and decrease in other income from

Quarter 2 Change Increase (Decrease) 2020 2019 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 1,077 2,683 1,127 3,129 (50) (446) (4%) (14%) Other income 8 38 (30) (79%) Total

Income For the year period of (unit: million baht) Dec 31, 2017 Dec 31, 2016 + / - Sales and Services 1,248.30 955.72 292.58 30.61% Gross Profit 267.27 161.36 105.91 65.63% Other Income 78.78 75.76 3.02

% Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 2,068 1,062 2,213 2,046 (145) (984) (7%) (48%) Other income 19 27 (8) (30%) Total revenues 3,149 4,286 (1,137) (27%) Cost of sale (1,857

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