expected to be complete within the end of February 2020 ( “ Closing” ) provided that the conditions precedent under the share purchase agreement of Nam San 3B are satisfied or waived for Nam San 3B Project
financial statements to get complete details and understanding. The consolidated financials are based on the elimination of intra-company (or intra-business segment transactions. For this reason, the total of
investors always read the MD&A together with the published financial statements to get complete details and understanding. The consolidated financials are based on the elimination of intra-company (or intra
credits in the form of Renewable Energy Certificates (REC) concerning its electricity generation output. Construction works of the project was complete and its operation started on October 1, 2020. 1.1.2
in skin cares and cosmetics. In addition, At-Ze distributed medical care products under brand name “Aesthetic Zecret”. Criterion Calculation Method Transaction size 1. Net tangible assets (NTA
Calculation Method Transaction size 1. Net tangible assets (NTA) Proportion of assets acquired (100%) x NTA AT-ZE (29.78) NTA WINNER (604.68) 4.93 % 2. Net income Proportion of assets acquired (100%) x Net
skin medicine under trademarks including trademark of “DERMALIS”, (which will be Criterion Calculation Method Transaction size 1. Net tangible assets (NTA) Proportion of assets acquired (100%) x NTA AT
which the equity method was applied as of 31 December 2018. Please be informed accordingly. Sincerely yours, - Signature - (Mrs.Pimporn Chotirattanakul) Managing Director 1 /8 ( ) Union Textile Industries
Profit of Operation Method , the maximum value is 2.65%. After combining acquisition and disposal of assets occurring in the 6 months period , the value is below 15%. Therefore, this transaction is not
equity method was applied as of 31 December 2017. Please be informed accordingly. Sincerely yours, - Signature - (Mrs.Pimporn Chotirattanakul) Managing Director 1 /8 ( ) Union Textile Industries Public