company has changed the classification of operating income and cost of sales resu lting in the operating income until the gross profit being reported differently from the previous periods Operating

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the

(EPC) income of Combine Heat and Power Producing Company Limited (CHPP) while revenue from chilled water sales slightly decreased by THB 5 million from lower sales volume. Quarterly Comparison of VSPP's

for Q3/2019 performance, the Company and its subsidiaries earned revenue from sales of goods and rendering services THB 46,481 million (-4% QoQ, -13% YoY), recorded EBITDA THB 2,141 million (-2% QoQ

higher volume of finished goods. Therefore, the sale of fast-growing products may not be as expected. However, the Company has prepared the sales plan concisely and in advance. There are some target

to the new production line, the Company will have a higher volume of finished goods. Therefore, the sale of fast-growing products may not be as expected. However, the Company has prepared the sales

of intangible asset from the acquisition of GLOW 2. From the second quarter of 2019, the company has changed the classification of operating income and cost of sales resultin g in the operating income

EPC service and solar cells implementation of Combine Heat and Power Producing Company Limited (CHPP). Cost of sales of goods and rendering of services of VSPP and other businesses was THB 55 million

products may not be as expected. However, the Company has prepared the sales plan concisely and in advance. There are some target customers that the Company has already marketed. This reduces the risk of

reduce in sales volume. The gross profit of the company decreased mainly due to: • Independent Power Producer (IPP): The gross profit decreased by Baht 553 million as a result of a lower gross profit from