(21,274) 151,024 (172,298) (114.1) Gain (Loss) on investments, net 51,277 71,858 (20,581) (28.6) Dividend income and profit sharing 207,619 116,157 91,462 78.7 Other operating income 136,605 187,964 (51,359

Basic earnings per share (Baht) 0.06 0.05 0.01 In the first quarter of the year 2019, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 859 Million

194 -45% -32% 439 550 25% Net profit for the period 966 1,149 678 -41% -30% 1,384 1,828 22% Earnings Per Share (Baht per share) 3.87 4.60 2.71 -41% -30% 5.99 7.31 22% 3 Sales and Revenues Structure for

5,081 8% Income tax expenses 231 5% 967 1,000 3% 877 947 8% Net profit for the period 911 12% 3,690 3,553 -4% 3,811 4,133 8% Earnings Per Share (Baht per share) 3.64 12% 14.76 14.21 -4% 15.24 16.53 8% 3

Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2019. The details are as follows: Exhibit 1: Earnings

% Share of profit on investment in associated 73.73 160.10 (86.37) (53.95) Results of Operations 37.76 76.31 (38.55) (50.52) Gain (loss) on exchange rates 35.97 83.79 (47.82) (57.07) Income tax expenses

with 9M16, which was in line with sales increased. As a result, the Company reported net profit of Baht 33.7 million or increased Baht 5.3 million, compared with 9M16. Earnings per share was Baht 1.58

: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018

by subsidiaries earning from nose sewing and wiring box production. The Company and its subsidiaries profit there is gain on disposal of assets types of machinery and equipment that have a long service

domestic front, which resulted in a decrease in Net profit attributable to equity of THB 42mn with a Net profit margin of 5.6%. FINANCIAL POSITION In this quarter, the Company restated the consolidated