PROJECTS UNDER CONSTRUCTION ABBREVIATION & OUR PROJECTS Management’s Discussion and Analysis B.GRIMM POWER PUBLIC COMPANY LIMITED12 Disclaimer None of the Company makes any representation or warranty
any such statements. The Company does not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved. Definitions Core EBITDA is
Disclaimer None of the Company makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to
date of this document, and the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or
any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved. Definitions Core EBITDA is after excluding inventory gains/losses from
Management’s Discussion and Analysis B.GRIMM POWER PUBLIC COMPANY LIMITED12 Disclaimer None of the Company makes any representation or warranty, express or implied, as to the accuracy or completeness of the
representation, warranty or undertaking with respect to the information, opinions or forward-looking statements contained herein, and none of them accept any responsibility or liability as to their accuracy or
for warranty 3.18 0.48% 5.31 0.70% 2.08 0.44% 2.05 0.42% Obligation under finance lease 1.69 0.25% 0.75 0.10% - 0.00% - 0.00% Total Current Liabilities 368.22 55.10% 419.88 55.72% 243.80 52.05% 285.67
ratio to ensure that the benefits of Warrant holders are no less favorable in the event of the following: (1) when the Company changes the par value of the ordinary shares due to a consolidation or split
Company’s ordinary shares as a result of a combination or split of shares; (2) in case of the Company issuing new shares to its existing shareholders and/or the public and/or specified investors (private