(Newest) Date (Oldest) MRS. PRAWSANG THAMAPORN Authorized Director of Digital Asset Business Operator http://market.sec.or.th/public/orap/PersonProfile01.aspx?lang=en&personrunid=0000143489 MR. SEAN GORDON

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service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because

.  Foreign Exchange Regulations The Bank of Thailand issued Notice of the Competent Officer on Rules and Practices regarding the Undertaking of Authorized Money Changers (No. 6), and Notice of the Competent

mainly from 5SPPs (Gulf VTP, Gulf TS1, Gulf TS2, Gulf TS3 and Gulf TS4) operating their first full year after COD in 2017 Alternative Energy  For 2018, Solar Rooftop Projects (3.9 Equity MW) generated

. Renewable Energy  For 1Q2019, Solar Rooftop Projects (4.6 Equity MW) generated Baht 2.6 million of Revenue and Share of Profit to WHAUP of which 0.5 MW just achieved COD in February 2019. WHAUP is a

auditors authorized by the Securities and Exchange Commission of Thailand (SEC). Total Revenue In 2Q20, the Company reported total revenue of THB 3,613 mn, a decrease of 60.7% YoY (for the first six months

ability to reflect the financial performance based on actual business events, which may differ from the financial statements reviewed and/or audited by the auditors authorized by the Securities and Exchange

SAAM Energy Development Public Company Limited - 1 - 10 May 2019 Subject: Management Discussion and Analysis for the period ended 31 March 2019 To: The President The Stock Exchange of Thailand SAAM