appropriate with their business. The Company also organized the marketing activities to educate the water quality to target’s group continuously. At the same time, the subsidiaries consist of Irving Corporation

27 October 2020 At: ACC/HO 019/63 Re: Management Discussion and Analysis for the Quarter of 3/2020 To: President The Stock Exchange of Thailand During the third quarter of 2020 the Coronavirus 2019

16.0% 1,434 16.3% Other assets 624 6.8% 688 7.8% Total assets 9,187 100.0% 8,776 100.00% Total assets as of 30 June 2020 was reported at THB 8,776mn, a decrease of 4.5% or THB 411mn from THB 9,187mn as

-year end. Financial Position Summary as of 30 June 2020 compared to 31 December 2019: 3.3. Cash Flow Analysis Cash and cash equivalents at the end of Q2 2020 increased from the start of the period to

shareholders’ equity 293.49 70.65% 290.04 72.38% 3.46 1.19% SAAM Energy Development Public Company Limited - 5 - Assets At the end of Quarter 3 of 2020, SAAM Group presented total assets of THB 415.40 million

of city shutdown measures both at home and abroad Which results in more economic activity to be carried out the indicators for private consumption have returned to the same level as the same period

to HREIT of THB 1,259 mm during first quarter of 2018. Furthermore, the gross profit margin stood at 7.7% for the first 9 months of 2019. Industrial Development Business Q3 2018 Q3 2019 Increase

in allowance of doubtful debt even though there was one-time administrative expenses as mentioned above. Statement of Financial Position Assets As at 30 September 2019, the Group had total assets of

(%) 62.6% 58.7% (3.9%) EBITDA margin (%) 26.4% 31.5% 5.1% Net profit margin (%) 5.9% 6.6% 0.7% Number of branches as at March 31 39 39 0% Change +/(-)Q1/20 Q1/21 Operating highlight in Q1/2021 Revenue

application fee to the SEC Office when the application form and the complete set of supporting evidentiary documentation are accurate and complete in accordance with the Licensing Manual for the Public at the