C. Corporate governance: Number of board directors Page Number of board meetings Name of the chairman of the board of directors Name of the CEO Do different persons assume the role of Chairman of the Board of Directors and CEO? The Board has established and appointed an audit committee? The Board has established and appointed an Executive Committee When was the 2020 annual stockholders' meeting? Where was the 2020 annual shareholders' meeting? Name of independent auditor What was the 2020 auditor's opinion? Audit fees Date of release of audited financial report B. Financial statements: From the financial statements, determine the following amounts for 2020 Item Amount Page Total non-current assets Total property, plant and equipment Projects in progress Investments in associates / subsidiaries Financial assets at fair value Total accumulated depreciation Total current liabilities Non-current liabilities Provision for employees' indemnity Total stockholders' equity Paid in capital Share premium Treasury shares Statutory reserve Voluntary reserve Foreign currency translation reserve Non-controlling interests Comprehensive income Beginning retained earnings Prior period adjustments Dividends declared Basic earnings per share Fully diluted earnings per share Ending retained earnings The total number of authorized stocks The total number of outstanding stocks Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities September 30, 2021 (Reviewed not audited) USD December 31, 2020 (Audited) Note USD Assets Current Assets Cash on hand and at banks Accounts receivable and cheques under collection - net Inventory - net Due from related parties Financial assets at fair value through profit or loss Other debit balances Leasing contracts receivable- short term Total Current Assets 0 16 18 43,048,784 181,089,675 89,325,623 3,137,936 340,144 40,118,712 5,879,614 362,940,488 39,618,477 128,889,540 90,497,625 348,702 695,433 28,669,012 4,126,620 292,845,409 Non-Current Assets Leasing contracts receivable - long term Checks under collection - long term Deferred tax assets Financial hedging instruments assets Right of use assets - net Financial assets at fair value through other comprehensive income Investment in plots of land Intangible assets - net Investment in affiliates Property and equipment - net Project under construction Total Non-Current Assets Total Assets 18 18 2 9,507,549 3,768,590 2,459,153 8,106,000 7,930,615 37,707,465 819,127 44,333,248 7,941,880 104,933,491 10,874,227 238,381,345 601,321,833 6,817,531 2,466,216 2,275,287 8,551,200 9,138,081 27,740,468 819,127 25,512,886 8,382,511 124,774,903 1,824,492 218,302,702 ving 511,148,111 to For the Three-Months Ended September 30, For the Nine-Months Ended September 30, , 2021 (Reviewed not audited) 2020 2021 (Not reviewed (Reviewed not or audited) audited) 2020 (Not reviewed or audited) USD USD USD USD Profit for the period 10,148,735 6,929,495 31,367,443 15,945,984 Other comprehensive income items that might be transferred to the statement of profit or loss later: Change in fair value - financial assets at fair value through other comprehensive income 2,202,506 112,251 2,634,612 (1,382,937) () Change in fair value - property, plant and equipment / Land 142,821 Foreign currency translation (333,173) (60,097) (1.946 280) (59,328) Total comprehensive income 12,018,068 6,981,649 32,198,596 14,503, 719 Total Comprehensive Income Attributable to: Company's shareholders 10,811,277 5,379,827 29,388,804 11,283,835 Non-controlling interest 1,206,791 1,601,822 2,809,792 12,018,068 6,981,649 32,198,596 3,219,884 A24,503,719 Vind COoetumes to Paide tha Fall Translatie Fishes Caroline Tal Owner Share Latit CITY framt CE USD 3.000 Premium USD 10.075.000 Earnings uso USD YA us USD USD Con NIL USO IN US USD 5.03 1297. 33.636.633 341.165 14.01.09 3.6.06 3 114,3 56 2.6 Mb 14,0 Ese the intentant Satem3.2011.) De the Danielletve Changi bir value-promotion and Torino tri Potha Pune total healing 10.12 LED 2 (7 IL131 7,707) (1,946, 20. 2.034,00 14LM LS3731 127 18.04 1,109, 3.00, 31. 1,100,000 1 10.000.000 100,000) Share this in 2.000 0.01. 7,21.00 2.1 2011, (7,215,000 S.58) D.TH 2.323.12 PS. ut rangs her wrty and count and Netshanewing Beste Pin 20, 2201 CO 292012,02 10.000,000 12.102.999 37,040,242.769.544 2.317,00 270 1:1002 184570.067 1977 Fatth.hinanthe Intet Bet31.2011. Hamdam.standad 1.000.000 BOTE 28 14 11. palasa - Dragih 12. (1,32,3 157.30 (1,2) 32 23 16,349) 30 110 101 1 21. 1310 12.5.100 1.32 12.30 11.03.12 w the Period Tailmassive me ht Oledende 3.000.000 6.000.000 0.000,00 18,000 (6.000.000 T. etc Prostamente/ et chain controllin Balance of the 45 22 21.12 1203231 11:21 3.000.000 10.025.000 17.12.11 22.11 For the Nina-Months End tarte 201 2011 TO20 (viewed not (Not review or audited) budited) Nate USD USD 56,161,140 et les Cost of (5212629201 72,197,170 2.790.0LS Services Cestovice Wat services (se) revenue Prufit from Sales and Services General and administrative expenses Selling it distribuciones Profit from Operation Interest and borrowing con Om oss venenat Profit for the Period before theme Tax Lass Income taxe Profit for the Period Add: (as) profit from discontinued operations Prolt resulting from the sale of a subsidiary Profit for the period For The Three Months Ended September 30 2011 70 70 have not (Hot reviewed or sulitada audited) USD USD 301,096,250 257,407,607 1252,682,262) 223,549.600 39,203,963 28,939,007 1,553,400 (2.551954) (940.5221 613.068 39,911,801 23,551,973 114,142,564) 14.057.5201) (8,010.875). 15,783.169 17,558,359 3,711,276 (4,435,661) 13,750,239) 1546,265 3,4141 12,576.433 3,365,568 2,42769) 11,480,715 10,148,735 5,384,05 1,641 (2.604.6381 1,111,11 79,010,351 117,531,591 (11.2240303 105.755 5ES 4,351,501 (1.026.925 324,566 106,080,34 (18.08.131 (22.795,6151 44,592,306 (11,400,270) 35.900 33,745,035 (5.721.228 27,023,810 32,900,1733 (19.263.249) 25,346,125 (11,712,954) 2.343.133 20,206,30 1.822,0991 15,054,209 1.775 12 19 (325,7901 0.669.422 21 362 443 10,148. as 6,929,495 15,945 904 Attributable to Company's shareholders hoan-controling terest 1585.923 1,562.512 10,143,735 5,320,952 1.600,543 27,769.44 3.5522405 12.126.100 3.219,064 15.945,84 5,929,495 31,367,43 Earrinos per stare attribute to the Camany's starters 12 0/265 01/23 9 Liabilities and Owner's Equity Current Liabilities Accounts payable Due to Banks Notes payable within one year and postdated cheques Due to related parties Lease liabilities - short term Installments of loans maturing within a year Other credit balances Income tax provision Total Current Liabilities 16 56,476,325 47,341,208 6,637,061 476,817 3,104,077 65,296,346 37,255,644 5,747,127 222,334,605 62,128,036 29,837,118 8,227,998 523,765 2,643,846 62,925,756 29,810,851 5,826,301 201,923,671 10 8 12 11 Non-Current Liabilities Provision for end of service indemnity Long term bonds payable Lease liabilities - long term Financial hedging instruments liabilities Long term loan installments Total Non-Current Liabilities Total Liabilities 19,043,050 74,212,000 5,834,647 7,959,000 78,219,389 185,268,086 407,602,691 17,254,997 75,102,400 6,462,939 7,959,000 27,687,543 134,466,879 336,390,550 10 11 CASH FLOWS FROM FINANCING ACTIVITIES: Increase in due to banks Increase in bonds payable Increase in loans, checks and notes payable Dividends distributed Net change in non-controlling interest and foreign currency translation Net Cash Flows from Financing Activities Net Increase (Decrease) in Cash Increase in cash as a result of subsidiary acquisition (Decrease) in cash as a result of sale of subsidiary Cash on hand and at banks-beginning of the period Cash on Hand and at Banks - End of the Period 17,504,090 (890,400) 39,597,933 (7.215,000) (11,180,204) 37,315,919 4,051,365 143,120 (764,178) 39,618,477 43,048 784 22,528,745 39,409,400 (17,373,222) (6,000,000) (203.722) 38,361,201 (716,417) 27.115,988 26,399,571 Nan Cash Items Increase in share premium 2,028,000 Nate For the Nine-Month Ended September 30, 2021 2020 (Reviewed not Not Reviewed or Budited) Hudited) USD 22,745,038 20,206,109 4.343,633 61.775 USD 605,906 0,024,200 CASH PLOWS FROM OPERATING ACTIVITIES Prome for the period hafta from continuing operation Het profit from discontinued operations Adjustments for Provision for expected credit lose Depreciation expense for the period Financial edging instruments for for the period Provision for slow moving inventory Frutit trom investment in altes Provision for end of service indemnity frufe Loss on sale of ruperty and equiment Cash Flows from Operating Activities before Chungen in Working Capital increase in accounts recentile, leasing contracts and other debit balances Dec (create) in inventary focrate) in long-term chegue under collection Change in related parties biance (Decreae) in accounts payable and other credit balances Net Cash Flows (used in) Operating Activities bature End-of-Service Indemnity and Income Tax Paid Pald from end of service indemnity provision Paid from income tax provision Net Cash Flows (used in) Operating Activities 136,285 6.835,970 445.200 415,330 449,631 2,654,268 {125,592) 19,400,263 (52,261,239 5,176,310 567,663 (2,836,102) 14.243.203) (823,330) 7,134,000 59 30,693,389 (29,507,626) (18,498,202) (2,546,203) (3,012.064) 4,796, 471 (4,252,362 (511,127) (2.131.483) (11.99472) (18,174,535) (358,107) (4,341,321) (23,372,963) 354,626 (0.020,717 566,330 (3.515,975) 301,636 CASH FLOWS FROM INVESTING ACTIVITIES: Decrease in financial sets it fair value through Prolita oss facrame) in financial ants at fair value through other comprehensive income Cunge in Investing in subsidiaries Pald against subsidiaries acquisition arrangements Orange in intangibile net Paid in cash to acquire rom-controlling interest Cash Herived from sale of wisdiary Cunge in Property and atment and project under construction Net Cash Flow (used in) Investing Activities (6,560,406) DNNN (23,059,839) 1,394,107 (10,071,684) 21,000,000 (5.166,275 (21.769.712) 19 (7,095,238) (15,503,655) Owners' Equity The authorized capital is 125,000,000 shares with a par value of US $ 1 per share 125,000,000 100,000,000 1 1 95,000,000 10,075,000 36,935,837 Shareholders' Equity Paid up capital Share premium Retained earnings Profit for the period Cumulative change in fair value Property and equipment revaluation reserve Foreign currency translation effect Difference on the purchase of non-controlling interest Total Shareholders' Equity Non-controlling interest Total Owners Equity Total Liabilities and Owners' Equity 105,000,000 12,103,000 27,946,434 27,769,944 2,357,049 8,753,276 (811,408) (18,648,228) 164,470,067 29,249,075 193,719,142 601,321,833 2 (277,563 15,636,052 347,165 (11,844,996 145,871,495 28,886,066 174,757,561 511,148,111 C. Corporate governance: Number of board directors Page Number of board meetings Name of the chairman of the board of directors Name of the CEO Do different persons assume the role of Chairman of the Board of Directors and CEO? The Board has established and appointed an audit committee? The Board has established and appointed an Executive Committee When was the 2020 annual stockholders' meeting? Where was the 2020 annual shareholders' meeting? Name of independent auditor What was the 2020 auditor's opinion? Audit fees Date of release of audited financial report B. Financial statements: From the financial statements, determine the following amounts for 2020 Item Amount Page Total non-current assets Total property, plant and equipment Projects in progress Investments in associates / subsidiaries Financial assets at fair value Total accumulated depreciation Total current liabilities Non-current liabilities Provision for employees' indemnity Total stockholders' equity Paid in capital Share premium Treasury shares Statutory reserve Voluntary reserve Foreign currency translation reserve Non-controlling interests Comprehensive income Beginning retained earnings Prior period adjustments Dividends declared Basic earnings per share Fully diluted earnings per share Ending retained earnings The total number of authorized stocks The total number of outstanding stocks Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities September 30, 2021 (Reviewed not audited) USD December 31, 2020 (Audited) Note USD Assets Current Assets Cash on hand and at banks Accounts receivable and cheques under collection - net Inventory - net Due from related parties Financial assets at fair value through profit or loss Other debit balances Leasing contracts receivable- short term Total Current Assets 0 16 18 43,048,784 181,089,675 89,325,623 3,137,936 340,144 40,118,712 5,879,614 362,940,488 39,618,477 128,889,540 90,497,625 348,702 695,433 28,669,012 4,126,620 292,845,409 Non-Current Assets Leasing contracts receivable - long term Checks under collection - long term Deferred tax assets Financial hedging instruments assets Right of use assets - net Financial assets at fair value through other comprehensive income Investment in plots of land Intangible assets - net Investment in affiliates Property and equipment - net Project under construction Total Non-Current Assets Total Assets 18 18 2 9,507,549 3,768,590 2,459,153 8,106,000 7,930,615 37,707,465 819,127 44,333,248 7,941,880 104,933,491 10,874,227 238,381,345 601,321,833 6,817,531 2,466,216 2,275,287 8,551,200 9,138,081 27,740,468 819,127 25,512,886 8,382,511 124,774,903 1,824,492 218,302,702 ving 511,148,111 to For the Three-Months Ended September 30, For the Nine-Months Ended September 30, , 2021 (Reviewed not audited) 2020 2021 (Not reviewed (Reviewed not or audited) audited) 2020 (Not reviewed or audited) USD USD USD USD Profit for the period 10,148,735 6,929,495 31,367,443 15,945,984 Other comprehensive income items that might be transferred to the statement of profit or loss later: Change in fair value - financial assets at fair value through other comprehensive income 2,202,506 112,251 2,634,612 (1,382,937) () Change in fair value - property, plant and equipment / Land 142,821 Foreign currency translation (333,173) (60,097) (1.946 280) (59,328) Total comprehensive income 12,018,068 6,981,649 32,198,596 14,503, 719 Total Comprehensive Income Attributable to: Company's shareholders 10,811,277 5,379,827 29,388,804 11,283,835 Non-controlling interest 1,206,791 1,601,822 2,809,792 12,018,068 6,981,649 32,198,596 3,219,884 A24,503,719 Vind COoetumes to Paide tha Fall Translatie Fishes Caroline Tal Owner Share Latit CITY framt CE USD 3.000 Premium USD 10.075.000 Earnings uso USD YA us USD USD Con NIL USO IN US USD 5.03 1297. 33.636.633 341.165 14.01.09 3.6.06 3 114,3 56 2.6 Mb 14,0 Ese the intentant Satem3.2011.) De the Danielletve Changi bir value-promotion and Torino tri Potha Pune total healing 10.12 LED 2 (7 IL131 7,707) (1,946, 20. 2.034,00 14LM LS3731 127 18.04 1,109, 3.00, 31. 1,100,000 1 10.000.000 100,000) Share this in 2.000 0.01. 7,21.00 2.1 2011, (7,215,000 S.58) D.TH 2.323.12 PS. ut rangs her wrty and count and Netshanewing Beste Pin 20, 2201 CO 292012,02 10.000,000 12.102.999 37,040,242.769.544 2.317,00 270 1:1002 184570.067 1977 Fatth.hinanthe Intet Bet31.2011. Hamdam.standad 1.000.000 BOTE 28 14 11. palasa - Dragih 12. (1,32,3 157.30 (1,2) 32 23 16,349) 30 110 101 1 21. 1310 12.5.100 1.32 12.30 11.03.12 w the Period Tailmassive me ht Oledende 3.000.000 6.000.000 0.000,00 18,000 (6.000.000 T. etc Prostamente/ et chain controllin Balance of the 45 22 21.12 1203231 11:21 3.000.000 10.025.000 17.12.11 22.11 For the Nina-Months End tarte 201 2011 TO20 (viewed not (Not review or audited) budited) Nate USD USD 56,161,140 et les Cost of (5212629201 72,197,170 2.790.0LS Services Cestovice Wat services (se) revenue Prufit from Sales and Services General and administrative expenses Selling it distribuciones Profit from Operation Interest and borrowing con Om oss venenat Profit for the Period before theme Tax Lass Income taxe Profit for the Period Add: (as) profit from discontinued operations Prolt resulting from the sale of a subsidiary Profit for the period For The Three Months Ended September 30 2011 70 70 have not (Hot reviewed or sulitada audited) USD USD 301,096,250 257,407,607 1252,682,262) 223,549.600 39,203,963 28,939,007 1,553,400 (2.551954) (940.5221 613.068 39,911,801 23,551,973 114,142,564) 14.057.5201) (8,010.875). 15,783.169 17,558,359 3,711,276 (4,435,661) 13,750,239) 1546,265 3,4141 12,576.433 3,365,568 2,42769) 11,480,715 10,148,735 5,384,05 1,641 (2.604.6381 1,111,11 79,010,351 117,531,591 (11.2240303 105.755 5ES 4,351,501 (1.026.925 324,566 106,080,34 (18.08.131 (22.795,6151 44,592,306 (11,400,270) 35.900 33,745,035 (5.721.228 27,023,810 32,900,1733 (19.263.249) 25,346,125 (11,712,954) 2.343.133 20,206,30 1.822,0991 15,054,209 1.775 12 19 (325,7901 0.669.422 21 362 443 10,148. as 6,929,495 15,945 904 Attributable to Company's shareholders hoan-controling terest 1585.923 1,562.512 10,143,735 5,320,952 1.600,543 27,769.44 3.5522405 12.126.100 3.219,064 15.945,84 5,929,495 31,367,43 Earrinos per stare attribute to the Camany's starters 12 0/265 01/23 9 Liabilities and Owner's Equity Current Liabilities Accounts payable Due to Banks Notes payable within one year and postdated cheques Due to related parties Lease liabilities - short term Installments of loans maturing within a year Other credit balances Income tax provision Total Current Liabilities 16 56,476,325 47,341,208 6,637,061 476,817 3,104,077 65,296,346 37,255,644 5,747,127 222,334,605 62,128,036 29,837,118 8,227,998 523,765 2,643,846 62,925,756 29,810,851 5,826,301 201,923,671 10 8 12 11 Non-Current Liabilities Provision for end of service indemnity Long term bonds payable Lease liabilities - long term Financial hedging instruments liabilities Long term loan installments Total Non-Current Liabilities Total Liabilities 19,043,050 74,212,000 5,834,647 7,959,000 78,219,389 185,268,086 407,602,691 17,254,997 75,102,400 6,462,939 7,959,000 27,687,543 134,466,879 336,390,550 10 11 CASH FLOWS FROM FINANCING ACTIVITIES: Increase in due to banks Increase in bonds payable Increase in loans, checks and notes payable Dividends distributed Net change in non-controlling interest and foreign currency translation Net Cash Flows from Financing Activities Net Increase (Decrease) in Cash Increase in cash as a result of subsidiary acquisition (Decrease) in cash as a result of sale of subsidiary Cash on hand and at banks-beginning of the period Cash on Hand and at Banks - End of the Period 17,504,090 (890,400) 39,597,933 (7.215,000) (11,180,204) 37,315,919 4,051,365 143,120 (764,178) 39,618,477 43,048 784 22,528,745 39,409,400 (17,373,222) (6,000,000) (203.722) 38,361,201 (716,417) 27.115,988 26,399,571 Nan Cash Items Increase in share premium 2,028,000 Nate For the Nine-Month Ended September 30, 2021 2020 (Reviewed not Not Reviewed or Budited) Hudited) USD 22,745,038 20,206,109 4.343,633 61.775 USD 605,906 0,024,200 CASH PLOWS FROM OPERATING ACTIVITIES Prome for the period hafta from continuing operation Het profit from discontinued operations Adjustments for Provision for expected credit lose Depreciation expense for the period Financial edging instruments for for the period Provision for slow moving inventory Frutit trom investment in altes Provision for end of service indemnity frufe Loss on sale of ruperty and equiment Cash Flows from Operating Activities before Chungen in Working Capital increase in accounts recentile, leasing contracts and other debit balances Dec (create) in inventary focrate) in long-term chegue under collection Change in related parties biance (Decreae) in accounts payable and other credit balances Net Cash Flows (used in) Operating Activities bature End-of-Service Indemnity and Income Tax Paid Pald from end of service indemnity provision Paid from income tax provision Net Cash Flows (used in) Operating Activities 136,285 6.835,970 445.200 415,330 449,631 2,654,268 {125,592) 19,400,263 (52,261,239 5,176,310 567,663 (2,836,102) 14.243.203) (823,330) 7,134,000 59 30,693,389 (29,507,626) (18,498,202) (2,546,203) (3,012.064) 4,796, 471 (4,252,362 (511,127) (2.131.483) (11.99472) (18,174,535) (358,107) (4,341,321) (23,372,963) 354,626 (0.020,717 566,330 (3.515,975) 301,636 CASH FLOWS FROM INVESTING ACTIVITIES: Decrease in financial sets it fair value through Prolita oss facrame) in financial ants at fair value through other comprehensive income Cunge in Investing in subsidiaries Pald against subsidiaries acquisition arrangements Orange in intangibile net Paid in cash to acquire rom-controlling interest Cash Herived from sale of wisdiary Cunge in Property and atment and project under construction Net Cash Flow (used in) Investing Activities (6,560,406) DNNN (23,059,839) 1,394,107 (10,071,684) 21,000,000 (5.166,275 (21.769.712) 19 (7,095,238) (15,503,655) Owners' Equity The authorized capital is 125,000,000 shares with a par value of US $ 1 per share 125,000,000 100,000,000 1 1 95,000,000 10,075,000 36,935,837 Shareholders' Equity Paid up capital Share premium Retained earnings Profit for the period Cumulative change in fair value Property and equipment revaluation reserve Foreign currency translation effect Difference on the purchase of non-controlling interest Total Shareholders' Equity Non-controlling interest Total Owners Equity Total Liabilities and Owners' Equity 105,000,000 12,103,000 27,946,434 27,769,944 2,357,049 8,753,276 (811,408) (18,648,228) 164,470,067 29,249,075 193,719,142 601,321,833 2 (277,563 15,636,052 347,165 (11,844,996 145,871,495 28,886,066 174,757,561 511,148,111