Analysis We maintain a portfolio of credit for the purchase of receivables and properties for sale acquired at various points in time 4.4.1 Loans Purchased and Foreclosed Collateral Properties The following

Management Public Company Limited 2.3 Vintage Analysis The company maintains a portfolio of loans purchased and properties for sale acquired at various points in time. 2.3.1 Loans purchased and Foreclosed

0009/20108 Page 3 of 10 the Acquisition or Disposition Rule. When combining the Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of

due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the

standard established that after any business acquisition, the fair value of the company being acquired must be measured by using comparable present market value, GPSC has completed the process. When compared

Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of Directors Meeting No. 2/2018, the Company has no acquisition of assets, so Ref. WINNER 0009

Acquisition or Disposition Rule. When combining the Transaction with the Ref. WINNER 0009/20108 Page 3 of 8 acquisition of assets acquired during six months preceding the date of the Company’s Board of

from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The

 statements are not yet available.    8. Benefits Expected to be obtained by the company   As the Company acquired common shares of EKI from current shareholders, the Company will hold EKI’s  ordinary shares at

 in January 2018. The results of the financial statements are not yet available.    8. Benefits Expected to be obtained by the company   As the Company acquired common shares of EKI from current