23_MDA Q3_2563 EN -Translation- No. ECF2 038/2020 16 November 2020 Subject: Management Discussion and Analysis of the 3rd quarter and 9-month period ended 30 September 2020 To President The Stock

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Discussion and Analysis for 1st quarter ended as of March 31, 2015 (SEC to edit) Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the company and

Discussion and Analysis for 1st quarter ended as of March 31, 2015 (SEC to edit) (Revision) Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the

Discussion and Analysis for 1st quarter ended as of March 31, 2017 (Revised 2) Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the company and

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: Management’s Discussion and Analysis for 3rd quarter ended as of September 30, 2017 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the company and