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

resolutions passed by Board of Directors Special Meeting No. 2/2018, convened on 19 June 2018. In such meeting, the following material matters were considered and approved: 1. The Board of Directors approved

resolutions passed by Board of Directors Special Meeting No. 2/2018, convened on 19 June 2018. In such meeting, the following material matters were considered and approved: 1. The Board of Directors approved

resolutions passed by Board of Directors Special Meeting No. 2/2018, convened on 19 June 2018. In such meeting, the following material matters were considered and approved: 1. The Board of Directors approved

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 2019 of the Company and the

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 2019 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 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

Offeror must not be in default according to the Facility Agreement; and (6) all major representations and warranties made by the Tender Offeror to the banks must be true in all material respects. The Tender