of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2020 of the Company and the

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com

-off of plant and equipment from the renovation of River Wing building amount of Baht 79.0 million. For expenditures, the Company recorded cost of sales and services at Baht 283.6 million in Q1 2019

of two-thirds of the solar power plant project) For the payment of the purchase price, Mr. Khomwit Boontumrongkit will pay the purchase price to the Company, divided into 7 installments, with the

Directors’ Meeting No. 323 of Diamond Building Products Public Company Limited (“Company”), which was held on March 18, 2019, has unanimously resolved to approve the investment project for the installation of

Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2021 of the Company and the

received insurance claims from an insurance company Baht 171.9 million. The claim was compensation from the event of damaged machinery during the test run, before COD, and the Plant is COD in 2016. 6 Gross

Significant events for 2020 to present The acquisition and transfered of 3 biomass power plant companies with total installed power generation capacity of 26.9 MW from UA Withya Public Company Limited On 21

Investing in Industrial Estate and Power Plant Businesses, Connected Transactions, Election of New Director, Issuance and Offering of Debentures, and Convening of 2021 AGM (Amended) 10/03/2021 06:30 Omission

uncertainty of the funding attained. Meanwhile, the supporting bank is still considering the loan for the company and the capital raised from rights offering depends on the right exercising of the existing