May 12, 2022 Subject: Management’s Discussion and Analysis for 1st quarter of 2022 ended as of March 31, 2022 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (“the

personal data processing activities in accordance with its responsibilities and the relevant agencies as follows: Stock Exchange of Thailand; Finance Ministry; Bank of Thailand; Office of Insurance

in the personal data processing activities in accordance with its responsibilities and the relevant agencies as follows: Stock Exchange of Thailand; Finance Ministry; Bank of Thailand; Office of

Amount and Term of Bond Issuance, and Determination of Date of the Extraordinary General Meeting of Shareholders No.1/2018 To: The President of the Stock Exchange of Thailand Enclosure: 1. Capital Increase

Amount and Term of Bond Issuance, and Determination of Date of the Extraordinary General Meeting of Shareholders No.1/2018 (Revised No.2) To: The President of the Stock Exchange of Thailand Enclosure: 1

Amount and Term of Bond Issuance, and Determination of Date of the Extraordinary General Meeting of Shareholders No.1/2018 (Revised No.3) To: The President of the Stock Exchange of Thailand Enclosure: 1

Disposal of Assets Transaction, and Acquisition of Assets Transaction To : Director and Manager The Stock Exchange of Thailand Enclosure Information Memorandum on Acquisition of Assets (Schedule (1)) of

latter decreased in production due to the adjustment stock management to suitable with the decrease in HRC market price worldwide. - Gain on exchange rate was achieved of THB 193 million in Q2-2017, which

came from the provision for damage of missing stock recorded in the 3rd quarter of 2017.  Financial costs Consolidated financial costs for the 3rd quarter of 2017 and 2016 amounting to THB 249 million

budget for 28 consecutive projects over the last 7 years. PPAs signing for two large scale Vietnam solar projects with total capacity of 677 MW. In September 5, 2018, Dau Tieng Ninh Energy Joint Stock