Discussion and Analysis for 3rd quarter ended as of September 30, 2015 (SEC to edit) (Revision) Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit

13_MDA Q1_2563 EN -Translated Version- No. ECF2 018/2020 May 15, 2020 Subject: Management Discussion and Analysis of the 1st quarter ended 31 March, 2020 To President The Stock Exchange of Thailand

Attn: President Stock Exchange of Thailand Demeter Corporation Public Company Limited (“DCORP” or the “Company”) would like to submit the reviewed financial statements for first quarter of the year 2020

Attn President Stock Exchange of Thailand Demeter Corporation Public Company Limited (“DCORP” or the “Company”) would like to submit the reviewed financial statements for the second quarter of the year

660 104% 91% 646 1,005 56% Adjusted EBITDA Margin (%) 6.7% 8.1% 13.7% 7.0% 5.5% 7.0% 11.1% 4.0% Note : (1) EPS is calculated from 1,023,666,700 shares (2) Adjusted EBITDA refers to EBITDA excluding

Energy Recovery Unit from Thai Oil Public Company Limited and entry into the relevant agreements (Edited) Attention: President Stock Exchange of Thailand Enclosure: Information Memorandum on Asset

expenses; and 6) higher finance costs due to higher borrowings as a result of additional investments in machinery and joint ventures both in Thailand and overseas.  EBITDA in Q1/2018 was Baht 75 million, a

capital, in amount 165 million shares or 140.25 million Baht however, the company cannot sell the treasury stock on time, the allowance for treasury stock transaction is reversed to retain earning in amount

shares or 140.25 million Baht however, the company cannot sell the treasury stock on time, the allowance for treasury stock transaction is reversed to retain earning in amount 91.07 million Bath. This

-1- AIT (VP-SEC) 028E/2022 November 10, 2022 Subject: Management's Discussion and Analysis of Operating Results for Q3-2022 To: The President of the Stock Exchange of Thailand Summary of Operations