, legal reserve equal to 4.60Mb.and unappropriated retained earnings closed at 7.70 Mb. Cashflow The company and its subsidiaries show cash flow from operations of 42Mb for the first six months of 2020

Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2019. The details are as follows: Exhibit 1: Earnings

-76.5% Administrative expenses - 8.4 - 7.2 -16.9% Finance costs - 4.9 - 3.0 -64.3% Profit for the period 40.9 2.4 1619.5% Net Profit 14.6% 1.3% EBITDA (MB) 62.6 9.0 597.5% EBITDA (%) 22.3% 5.1% Earnings

45.49 million or up by 15.93% as compared to the previous year. This was due to the higher earnings before tax. Please be informed accordingly. Sincerely yours, (Ms. Wannee Juntamongkol) Executive Vice

1,000.00 1,000.00 Premium (Discount) on Share Capital 467.90 467.90 467.90 467.90 Retained Earnings (Deficit) 1,210.92 1,198.52 1,166.13 1,181.99 Treasury Stock - - - - Shares Of The Company Held By

1,856.16 Paid-Up Capital 2,422.17 2,165.52 1,856.16 1,400.00 Premium (Discount) on Share Capital 5,552.67 3,646.99 3,646.99 654.66 Retained Earnings (Deficit) 3,504.91 1,888.69 1,549.65 3,330.14 Treasury

15,180.63 Paid-Up Capital 8,433.75 8,433.75 8,433.75 8,433.75 Premium (Discount) on Share Capital -4,211.28 -4,211.28 -4,211.28 -4,211.28 Retained Earnings (Deficit) -2,304.34 -2,230.05 -2,291.79 -2,300.30

1,142.51 875.97 Authorized Capital 378.26 378.26 378.26 378.66 Paid-Up Capital 378.26 378.26 378.26 378.26 Premium (Discount) on Share Capital 745.08 745.08 745.08 745.08 Retained Earnings (Deficit) 779.36

473.81 286.71 286.71 - Retained Earnings (Deficit) 116.85 59.40 44.02 13.57 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries - - - - Other Components Of Equity 21.98 21.98 21.98 21.98

600.00 Premium (Discount) on Share Capital 2,230.18 2,230.18 2,230.18 2,230.18 Retained Earnings (Deficit) -290.75 41.67 716.66 613.60 Treasury Stock - - - - Shares Of The Company Held By Subsidiaries