104.24 104.19 0.05 0.05 Other income 7.91 28.69 (20.78) (72.43) Distribution Costs and Administrative expenses 52.77 34.84 17.93 51.46 Printing Business 15.84 12.03 3.81 31.67 Solar Energy Business 36.93

of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2020 of the Company and the

Rd., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: ir@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จํากดั (มหาชน) AI Energy Public Company Limited ทะเบียนเลขที 0107556000311 AIE 124/2022

Energy Power Plants 5.1 5.3 5.0 (5.7%) (2.0%) 15.6 15.3 (1.9%) Revenue from solar energy system installation service - - - 21.5 N.A.(>100) N.A.(>100) - 21.5 N.A.(>100) Total sales and service income

power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited No.AIE 115/2018 May 14, 2018 Subject: Management’s

4,508 million, an increase of THB 754 million or 20.1% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1

% because last year was renewable energy construction projects had low gross profit rate. The loss from sale business of year 2018, the Company has a loss from sale income of Baht 1.68 million or 0.23

Consolidated Financial Statement (Unit: Million Baht) 2020 2019 YOY Million Baht % Sales and Services 366.78 1,329.58 (962.80) (72.41%) Gross Profit 87.30 131.58 (44.28) (33.65%) Other Income 87.83 18.63 69.20

expanding of production line. By the way, no significant change in sales and service income of Quarter 4 compared to Quarter 3 2019, except sales of electricity of Solar Energy Power Plant which increase by