May 12, 2020 has resolved to approve the Company’s subsidiary, Cal- Comp Precision Holding Co., Ltd.’s (“CCPT-KY”) initial public offering plan (the “IPO Plan”) to be listed in the Taiwan Stock Exchange

SAAM Energy Development Public Company Limited - 1 - 6 November 2020 Subject: Management Discussion and Analysis for the period ended 30 September 2020 To: The President The Stock Exchange of

: B S ntion: P T arding to th mpany”) No.3 ipt financia 000,000 Ba ncial suppo ording to the 551 Re: Ru Stock Exch cerning the saction are ate of Trans ebruary 202 nancial Sup mart Public der) nancial

1 (Translation) MD. 108/2017 Aug 7, 2017 Re: Management Discussion and Analysis For the Operating Results ended June, 2017 To: President The Stock Exchange of Thailand Management Discussion and

transaction of 2,064.4 Million baht. Total interest bearing debts equaled to 19,435.9 Million Baht. Shareholders’ Equity As at June 30th, 2017, the total shareholder’s Equity of the Company were 7,080.1 Million

* (%) 75.8% 62.9% Debt to equity (times) 1.0 0.8 Assets turnover* (times) 0.5 0.4 Remark: financial ratios were calculated based on The Stock Exchange of Thailand’s formula. *The Company didn’t restate the

1 (Translation) MD. 182 /2017 Nov 8 , 2017 Re: Management Discussion and Analysis For the Operating Results ended September, 2017 To: President The Stock Exchange of Thailand Management Discussion

. Total interest bearing debts equaled to 19,978.4 Million Baht. Shareholders’ Equity As at June 30th, 2017, the total shareholder’s Equity of the Company were 5,502.9 Million Baht, mainly due to the

significantly higher conversion rate of 3-5%, compared to the industry norm of 0.5%. Delivering More Than 70,000 Pieces of Smart Sampling EQUITY AND OTHERS  On 11 September 2018, VGI issued and allocated

totaled 1,251.02 million Baht, decreased by 60.57 million Baht or -4.62% compared to the same period of 2019, as total sales volume was reduced. Net profit attributable to equity holders of the parent