Administrative expenses, impairment finance costs and share of loss from associates 57.53 777.43 37.52 78.22 Doubtful Account 86.50 1,168.92 - - Loss on impairment of goodwill 51.20 691.89 - - Management benefit

100.00 53.24 100.00 Costs - - 20.59 38.67 Administrative expenses, impairment finance costs and share of loss from associates 38.23 335.05 88.84 166.87 Impairment of investment in associate 29.81 261.26

court procedures. 3. Investment in the Biogas Power Plant Project The Company has executed the Share Purchase Agreement with the existing shareholders of Akkrawat Crop Rotation Energy Company Limited

on track Interchem, the waste-to-energy project, with an installed capacity of 4.8 MW had 86.64% current construction progress which is on process of drainage system piping, double layer brick wall and

scheduled to be upgraded within 3 years. B.Grimm signed MOU with LGChem for the development in energy storage system and with PetroVietnam Power Corporation-JSC to jointly study and develop power plants with

the amount of Baht 1,360 million during Q3’2017. The remaining proceed will be reserved for our investment in a next few years Development of SPP Replacement Projects Energy Regulatory Commission (ERC

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

oil (CPO) inventory plunged to the level of 170,000 tons compared to the level of 400,000 tons at the same period of previous year, resulted in a surge in crude palm oil price. In addition, the Energy

having a common director(s) with major shareholder. Letter of Intent / Memorandum of Understanding is signed with Christiani & Nielsen Energy Solutions (“CNES”) to provide services of designing

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2022 of the Company and the subsidiaries (“the