mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices

environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and

requiring that such state agency shall conduct negotiations with its disputing parties to mitigate the damage of the state and to ensure the justice for the people, provided that such negotiations shall be

its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up for the slowdown in sales

prices have increased and will continue to rise into the second half of the year. Investment in operational efficiency projects such as Lime Kiln Dust reinjection will help to mitigate somewhat the higher

revenue is 1% lower. On the COGS side apart from normal inflation fuel prices have significantly increased. We have optimized the fuel mix however to mitigate the impact, but this increase will last into

customer base and diversify its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up

sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help

Sethakit 1 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 080/2022

ordinary shares by an Initial Public Offering (IPO), and offered to the Company’s existing shareholders to mitigate an impact on those shareholders after the Company’s stake in CAZ is reduced. The