14.5 percent due to repayments of loan during the year and temporarily prepayment of loan using unutilized proceed from IPO which pending to use as capital expenditures of power plant projects under

the EXAT. It is pending to the EXAT proceeding according to the procedures to the Cabinet for the approval. 4. The reclassification of the investment in TTW Public Company Limited (TTW) During the

development and all construction in the Company’s land of 599 rais nearby Jungle World’s land is unable to process due to the pending of relating law and regulation by Department of National Parks, Wildlife and

quite high tax invoices and invoices according to the high revenue in 2021, therefore there was a relatively high sales tax and pending sales tax as well. In addition, the Company received an advance

relatively higher when compared to the end of 2022. As the result, the sales tax and pending sales tax are also quite high. Shareholders' Equity As of December 31, 2023, the Company had total equity increased

Mandate of Baht 888,443,440.00 from the existing registered capital of Baht 2,221,108,600.00 to the new registered capital of Baht 3,109,552,040.00 by issuing and allocating not more than 888,443,440.00 new

to approve the capital increase by the General Mandate of Baht 888,443,440.00 from the existing registered capital of Baht 2,221,108,600.00 to the new registered capital of Baht 3,109,552,040.00 by

propose to the Extraordinary General Meeting of Shareholders No .1 /2018 to consider and approve the reduction of the Company’s registered capital in the amount of THB 36,184,761.50 from the existing

THB 36,184,761.50 from the existing registered capital of THB 217,155,228 to THB 180,970,466.50 by canceling the Company’s 144,739,046 authorized but unissued shares, with a par value of THB 0.25 per

the Extraordinary General Meeting of the Shareholders No. 1/2018 (the “EGM”) for consideration and approval of the reduction of the Company’s registered capital from the existing registered capital of