(“Notification No. TorThor. 35/2556”) and the notification of the Office of Securities and Exchange Commission No. SorThor/Nor. 45/2559 Re: Rules in Detail on Regulations Concerning the Establishment of Risk

”. 1.2 Establishment of Hin Kong Power Holding Company Limited and Hin Kong Power Company Limited On May 24, 2019, the Company has established Hin Kong Power Holding Company Limited (“HKH”), which is the

% 50 17 237 55 Q4/19 Q4/20 2019 2020 17.7% 8.1% -66% -77% • Administrative expenses in Q4/2020 was THB 39 million, increased by THB 1 million or 3% from Q4/2019 mainly from the additional establishment

in Part 4; (5) establishment of policies and monitoring and analysis of information technology systems, as detailed in Part 5. Part 1 Business Continuity Management __________________ Clause 21 a

of the amount to Non- current liabilities. • Short-term loan from financial institution decreased by Baht 213 million due to repayment of the debt by the Company as per the Debt Settlement Agreement

Company Limited has payment of long-term loans, with a financial institution debt restructuring contract. If the Company and its subsidiary are able to comply with the requirements stipulated in the

institution for SAAM-SP1 solar power project and SAAM-3 land purchase, and trade and other payables. Total liabilities decreased by THB 37.44 million or 25.27% from the end of the previous year (end of 2018

, equivalent to 47.9% and 2.4% respective of the total liabilities. The increase for long term loan in the year 2019 comes from the Company has received loans from a financial institution. Shareholder’s equity

decreased from the end of 2018 equal to 437.5 million Baht or 29.9 percent. Since the Company repaid the loan for financial institution, causing the Company having the debt to equity ratio equal to 0.80 times

financial institution of 119.17 million baht, employee benefit obligation of 0.45 million baht and deferred tax of 1.86 million baht. 2.3 Shareholders’ Equity As of June 30, 2017, the Company and its