. Therefore, existing portions of company shareholding interest and non-controlling interest of subsidiary stood at Baht 1,416.93 million and Baht 218.20 million respectively. Debt to Equity ratio as at and

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 March 2020 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok Airways

(THB million, %) Total Interest-Bearing Debt (THB million) +1% Total Assets As of 30 September 2020, total assets of the Company and its subsidiaries was THB 254,857 million, increased by THB 2,840

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2022 of the Company and the subsidiaries (“the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2022 of the Company and the subsidiaries

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2023 of the Company and the subsidiaries (“the

Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2023 of the Company and the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2023 of the Company and the subsidiaries (“the

1 No. ACE-ACC-3/2024 13 August 2024 Subject Management Discussion and Analysis for the period ended 30 June 2024 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company

Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2024 of the Company and the subsidiaries (“the Group”) as follow