Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

Share 2,896.8 2,896.8 0.0 Total Equities 5,271.4 5,097.6 173.8 (Unit: THB mn) Total assets as at 31st March, 2018 was THB 5,820.1 mn. The current assets decreased THB 583.9 mn from 31st December, 2017 by

-term investment amounted to THB 4,038 million; with total liabilities of THB 3,762 million; and total equities of THB 9,080 million. In this regard, The Company is still in a strong financial position

’ Equities as of 31 December 2016 and 30 September 2017 were Baht 350.97 million and 835.04 million respectively. The proportion of Shareholders' Equity increased from the share capital and capital in excess

equities of THB 11,137 million. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 3 Operating Performance Exhibit 1 : Consolidated Performance comparison of 1Q2018 vs

) Employee benefit obligations 3.20 1.79 1.41 78.57 Total non-current liablilities 163.96 190.89 (26.93) (14.11) Total liablilites 792.29 587.62 204.68 34.83 Equity Share Capital - Authorised 140.00 100.00

% from 1Q2019. In 1Q2020, the Company recorded share of profit from investment in Joint Ventures, Thai Ethoxylates Company Limited (TEX) and GGC KTIS Bio Industrial Company Limited (GKBI), at THB 62

investment amounted to THB 3,890 million; with total liabilities of THB 3,528 million; and total equities of THB 9,265 million. In this regard, the company remains strong in a financial position with low debt

540 -36% EBITDA Margin (%) 9.0% 7.3% 4.7% -4.3% -2.6% 9.2% 5.9% -3.2% Net Profit 322 145 71 -78% -51% 591 216 -63% EPS (Baht/Share) (1) 0.44 0.20 0.07 -84% -65% 0.80 0.21 -74% Adjusted EBITDA(2) 323 345

million which comprised of cash and short-term investment amounted to THB 3,882 million, with total liabilities of THB 3,069 million and total equities of THB 9,730 million. In this regard, the company’s