Microsoft Word - ELCID_Telemax Capital Increase       No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The

year mainly due to: 1.1) Revenue from selling of electricity increase 23.91 million baht or 100% due to the Company recognized revenue from Saraburi Solar Farm Project. 1.2) Revenue from Sales decrease

Company reserved for loss from stock devaluation THB 34.83 million included in cost of sales 2.2) Cost of renewable energy increase THB 3.18 million due to year 2017 Solar Power Project on Rooftop of

MW solar power project in Thailand which is operated by SAAM-SP1. In 2019, electricity sales are THB 16.89 million, representing 23.03% of total revenue, reflecting a THB 0.29 million or 1.76% increase

related services business, and renewable energy project development. In Quarter 1 of 2020, cost of sales and services amounted to THB 4.88 million, reflecting a THB 0.11 million or 2.35% increase from the

renewable energy project development. In Quarter 2 of 2020, cost of sales and services amounted to THB 9 .6 6 million, reflecting a THB 0.2 3 million or 2.4 1% increase from the same period of the previous

subsidiary. SAAM Energy Development Public Company Limited - 2 - In Quarter 1 of 2019, revenues are THB 18.26 million, a THB 0.07 million or 0.37% increase from the same period of the previous year (Quarter 1

its direct subsidiary. SAAM Energy Development Public Company Limited - 2 - In Quarter 3 of 2019, revenues are THB 55.13 million, a THB 1.10 million or 2.04% increase from the same period of the

service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because

clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by its direct subsidiary. SAAM Energy Development Public