due to newly registered entity 2) Net Profit %Shareholding x Net Profit of Acquiring Entity x 100 Net Profit of the Company Cannot calculate due to newly registered entity 3) Total Return Amount Paid x

Company Cannot calculate due to newly registered entity 2) Net Profit %Shareholding x Net Profit of Acquiring Entity x 100 Net Profit of the Company Cannot calculate due to newly registered entity 3) Total

transaction is significant due to its investment objective which informed to shareholders in the Company’s filing and according to Good Corporate Governance. Therefore, the Company has to propose to the

Million The gross profit of the company increased mainly due to: • Independent Power Producer (IPP): The gross profit increased by Baht 1,245 million as a result of recognizing gross profit from 3 of GLOW’s

company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s

loans from 2 financial institutions, in the amount of THB 230 million, detailed as follows: (Enclosure 4) 2 1. The Siam Commercial Bank Public Company Limited, in the total amount of THB 150 million, due

company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and

expenses from the Board of Directors and/or the Company no matter what the case due to the Company cannot issue and offer its new ordinary shares to VAVA unless deposits are demanded without interest. 8

of 4 The Company and its subsidiaries’ administrative expenses was Baht 41.39 million, increased by Baht 10.29 million from the same period of previous year due to an increase in administrative

decreased at 5.7 percent, which mainly due to increase from selling and distribution of the Company and its subsidiary. For the Company only, selling and distribution also decreased at Baht 1.6 million or