statement in BGRIM’s in Q3’2018. Signing Shares Purchase Agreement of solar projects in Vietnam BGRIM’s subsidiary signed the Shares Purchase Agreement on July 16, 2018 to have 55% of ordinary shares in solar

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

did not affect the Company’s managements and operations. 2) Announcement of joint venture agreement with Tokyo Tatemono Asia Pte Ltd. (“Tokyo Tatemono”)to jointly develop 2 luxury condominium projects

-100% Gross Margin 116.33 120.29 -3% % Gross Margin 29.6% 28.5% 1% % Gross Margin (exclude non-recurring cost) 29.6% 30.4% -1% Administrative Expenses before Adj. 39.49 41.45 -5% Adj. staff benefit

to increase new Subscriptions licenses of Oracle ERP rather than selling a legacy Oracle on premises one. This will significantly generate a recurring income to ICE in the near future. Revenue from

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A

) (185.2%) Adjusted items Net unrealized loss on exchange rate 52.9 3.0% 49.2 4.3% (3.7) (7.0%) Non-recurring items1 - - (419.3) (36.4%) (419.3) - Adjusted EBITDA2 373.6 21.3% (296.8) (25.8%) (670.4) (179.4

25-year Power Purchase Agreement (PPA) with the tariff of USD 6.5 cent per kWh. The project was able to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved. Move

1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of

agreement with NIHK 11/03/2020 08:51 Notification of Resolutions of the Board of Directors' Meeting to Enter into a service agreement with NSL 27/11/2019 18:35 Resolutions of the Board of Directors' Meeting