Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2022 of the Company and the subsidiaries (“the

1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited

Exchange of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2024 of the Company and the

/ EBITDA from Natural Resources business of Nido Petroleum Pty. Ltd., BCP Energy International Pte. Ltd., BCP Innovation Pte. Ltd., and share of profit from associated companies 6/ Others items and

subsidiaries 4/ EBITDA from BBGI Co., Ltd., its subsidiaries, and share of profit from associated companies 5/ EBITDA from Natural Resources business of Nido Petroleum Limited, BCP Energy International Pte. Ltd

/ EBITDA from BBGI Plc., its subsidiaries, and share of profit from associated companies 5/ EBITDA from Natural Resources business of Nido Petroleum Limited, BCP Energy International Pte. Ltd. and BCP

shareholders attending the meeting and entitled to vote. BOD Resolution EGM 1-2020 EG (003)_Final Clean _New.pdf BBL Permata IM 1 Version EN_Final Clean (003).pdf

of UWC at introductory price in total of Baht 851,200,000 (Eight hundred fifty one million two hundred thousand Bath) to Absolute Clean Energy Public Company Limited (“ACE”) and/or its subsidiaries

BIBOR 3-month plus percent of fixed rate per annum 2.2.4 Long-term debt of FPT under rehabilitation plan with Bangchak Petroleum Plc. was of Bt10.5 million. 2.2.5 The Employee benefit obligations was of

from sales and services decreased Baht 321.01 million or 53.91% from the corresponding period of the previous year, mostly from revenue from Trading in Energy & Petroleum which decreased Baht 310.21