Securities and Exchange Commission Appendix Definitions “ IT assets ” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

Supervisory Board TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and Notification of the Board of Governors of the Stock Exchange of Thailand Re

Position (1) Investment Properties are booked at cost and depreciated with the straight-line basis over the life of the assets. The estimated fair value is THB 180,409 mn (THB 167,688 mn in December 2016

from the previous year (in 2018: THB 16.60 million), which is line with the greater irradiation. - Service income In 2019, SAAM Group’s service income, representing stable income generation from long

). The growth in cost of services was in line with the growth in revenue. As the end of 2019, we have slightly improved the gross margin from 45.4% to 45.9%. Gross Profit As a result of overall

, representing 24.43% of total revenue, reflecting a THB 0.03 million or 0.63% increase from the same period of the previous year (Quarter 1 of 2018: THB 4.43 million), which is line with the greater irradiation

, reflecting a THB 0.14 million or 1.62% increase from the same period of the previous year (Quarter 2 of 2018: THB 8.68 million), which is line with the greater irradiation. - Service and rental income In

or 6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our

6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our

increase was mainly attributable to higher administrative employee cost which was in line with increase in workload and organization units as a result of the increase in sales revenue. Administrative