SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of

Osotspa Public Company Limited Q1’19 Management Discussion & Analysis 14 May 2019 Q1’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q1’19 Net profit* was at THB 888 million

SAAM Energy Development Public Company Limited - 1 - 12 May 2020 Subject: Management Discussion and Analysis for the period ended 31 March 2020 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 7 August 2020 Subject: Management Discussion and Analysis for the period ended 30 June 2020 To: The President The Stock Exchange of Thailand SAAM

Midfield Satellite Building at Suvarnabhumi International Airport and part of The New Parliament Building to Q4/2019, as well as a slowdown in LED replacement energy saving programs from both Government and

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

Agreements for 134 MW has been executed and lodged with the Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the

50.9 61.1 (10.2) Solar Energy Power Plants 55.9 50.0 5.9 %Gross Profit by Segment 33.4 35.3 (1.9) Change Gross Profit for Q1/2021 compared to Q1/2020 increased by 2.7% from Baht 427.9 million to Baht

margin decreased from the previous year mainly due to a decrease in gross profit from services and development business from additional related costs in developing renewable energy business overseas in

challenges associated with COVID-19, OSP delivered Q2’20 Net profit* at THB 804 million, +13.2% YoY with net profit* margin of 13.6%, +230 bps YoY. 1H’20 Net profit* was at THB 1,730 million, +8.2% YoY, with