(X) D. Taxation ภาษี (X) E. Dividends and Paying Agents เงินปนผลและตัวแทนชําระเงินของผูออกหลักทรัพย (X) G. Statement by Experts ขอความโดยผูเชีย่วชาญ (X) H. Sign offs or consents from persons

▪ Shareholders’ equity 140.37 190.56 199.08 - Retained earnings (deficit) (489.63) (409.44) (301.92) 2) Profit and loss statement ▪ Total revenue 326.79 293.29 241.65 - Sales revenue 305.62 258.35 209.53 Year2017

value of the Disposed Assets as appeared in the consolidated financial statement of the Company ended December 31, 2017 are Baht 128,904,265.17. (4) Size Calculation This transaction is deemed as the

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 10 August 2020 No. ZEN 2563-016 Subject Management Discussion and Analysis for the

determined price between the Company and SIRI (In this regard, book value of Prime-A as appeared in the Company’s consolidated financial statement ended September 30, 2017 is Baht 1,533,455,244 Thus, after the

(Translation) Pace Development Corporation

Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish

existing shareholder in the amount of Baht 9.6 million. On August 16, 2017, RH International (Singapore) Corporation Pte. Limited, an indirect subsidiary, sold its entire ordinary shares totaling 9,510,060

Capital”) which is hold by 99.99 percent. 7UP holds Ferrum Capital by 99.99 percent. For the amalgamation, Ferrum Energy shall purchase Eco Energy Group Corporation Co., Ltd. (“Eco”) from Ms. Suyanee

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 24 February 2020 No. ZEN 2563-003 Subject Management Discussion and Analysis for