2017 2016 Change Increase (Decrease) Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 2,213 2,046 2,333 3,102 (120) (1,056) (5%) (34%) Other income 27 40 (13) (33%) Total

Ref. 0347/2018 Date August 14, 2018 Subject 20% Performance Growth in the second quarter of 2018 Attention: Directors and Managers The Stocks Exchange of Thailand QTC Energy Public Company Limited

29.90 2.93 10% Earnings before interest and tax 25.87 23.08 Finance costs - Main businesses 5.49 4.46 1.03 23% Finance costs - Solar energy 8.99 9.48 (0.49) -5% Profit before income tax 11.39 9.14 Income

income of the Company 0.79 million baht compare with performance for same period of the prior year appear as comprehensive operating income of the Company 1.12 million baht, decrease in income from same

a metal trading business, PDI reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36

Padaeng Industry Public Company Limited and its subsidiaries ( “ the Company” ) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To

ended 30 June 2017 more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 June 2017 30 June 2016 Increased (Decreased) Percentage Remark Sales and Services

from the same period of previous year, of which 79% contributed from renewable energy business of the total revenues. In addition, the Company recognized dividend income from short-term investments and

Alternative Energy 1.3 1.1 -0.2 -18.7 Power Plants under Constuction 33.9 6.7 -27.2 -80.3 Share of Profit from Investments in Associates and Joint Ventures and Dividend Income 275.7 659.2 383.5 139.1 Foreign

SAAM Energy Development Public Company Limited - 1 - 13 February 2019 Subject: Management Discussion and Analysis for the year ended 31 December 2018 To: The President The Stock Exchange of Thailand