1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited

Exchange of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2024 of the Company and the

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 24 February 2020 No. ZEN 2563-003 Subject Management Discussion and Analysis for

2,093 Unit: million Baht 31 December 2018 31 December 2017 Fin an cia l St at us Total Liabilities 5,607 5,492 Total Asset 18,824 19,546 Total Equity 13,218 14,054  The Company posted net loss for the

) 886 2,093 Unit: million Baht 31 December 2018 31 December 2017 Fi na nc ia l St at us Total Liabilities 5,607 5,492 Total Asset 18,824 19,546 Total Equity 13,218 14,054 • The Company posted net loss for

3rd Quarter 2017 Page 9 of 13 The Company and its subsidiaries still had available credit line of the revolving short-term borrowings with financial institutions including bank overdraft in amount of

the director of the company and member of the Audit Committee To Director and Manager The Stock Exchange of Thailand Reference is made to the resolutions of the Board of Director Meeting No. 3/2019 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

considered a satisfactory year and is in line with the management's expectation. In the past year, the company was able to generate cash collection from the overall NPLs and NPAs management business, which are

PowerPoint Presentation SYNERGIZING POWER & UTILITIES FOR THE GLOBAL FUTURE MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2017 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED Management Discussion