, calculated from the enterprise value of SGAH. The enterprise value is derived from the ratio of enterprise value to earnings before interest, taxes, depreciation, and amortization for the fiscal years ended 31

SGAH, calculated from the enterprise value of SGAH. The enterprise value is derived from the ratio of enterprise value to earnings before interest, taxes, depreciation, and amortization for the fiscal

Translation (Translation) PAGE (Translation) -29- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC

Translation (Translation) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot undertake any

Liabilities 3,401 3,450 -1% Authorized share capital 140 140 +0% Issued and fully paid-up share capital 140 140 +0% Share premium 6 6 -0.0% Retained earnings 866 908 -4.6% Other components of equity 196 189 +4

% Authorized share capital 140 140 +0% Issued and fully paid-up share capital 140 140 +0% Share premium 6 6 -0.0% Retained earnings 866 908 -4.6% Other components of equity 196 189 +4% Deduct: Treasury stock

THB 194mn from to the exercise of assets optimisation. Total equity was THB 3,784mn decreased by THB 520mn or 12.1%. This was mainly attributed to a decrease in 1) retained earnings of THB 340mn and 2

machines (2) Net Profits from Normal Operation Criteria Cannot be calculated due to this is the transaction of the disposal of machines Enclosure (3) Total Value of Consideration Criteria (3.1) Transaction

) Net Profits from Normal Operation Criteria Cannot be calculated due to this is the transaction of the disposal of machines Enclosure (3) Total Value of Consideration Criteria (3.1) Transaction on assets

that, it is a platform to create a new client base, generate higher income and profits to the group companies in the long term. The total investment cost of Carnival Magic Project is THB 4,888 million