Microsoft Word - ACE MDA Q1 22 - EN - Final 1 No. ACE-ACC-2/2022 11 May 2022 Subject Management Discussion and Analysis for the period ended 31 March 2022 To President The Stock Exchange of Thailand

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

Microsoft Word - ACE MDA Q1 24 - EN V.Format Edited 090524 1 No. ACE-ACC-2/2024 13 May 2024 Subject Management Discussion and Analysis for the period ended 31 March 2024 To President The Stock

กัด 57,367.16 13.78 CGS-CIMB SECURITIES (THAILAND) COMPANY LIMITED 3 โนมูระ พัฒนสิน จํากัด (มหาชน) 52,937.34 12.71 CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED 4 ไทยพาณิชย จํากัด 51,375.72 12.34

เอ็มบี (ประเทศไทย) จํากัด 10,044.84 6.79 CGS-CIMB SECURITIES (THAILAND) COMPANY LIMITED 7 โนมูระ พัฒนสิน จํากัด (มหาชน) 9,845.39 6.66 CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED 8 บัวหลวง จํากัด

management and operation. Presently, the Company holds 99.83% of the total issued and sold shares of GLOW and has completed the delisting of GLOW securities from the Stock Exchange of Thailand on 13 December

KGI SECURITIES (THAILAND) PUBLIC COMPANY LIMITED 2.677 CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED 9 โนมูระ พัฒนสิน จํากัด (มหาชน) 10 ยูโอบี เคยเฮียน (ประเทศไทย) จํากัด (มหาชน) 9,038.23 2.126 UOB

SECURITIES (THAILAND) PUBLIC COMPANY LIMITED 7 โนมูระ พัฒนสิน จํากัด (มหาชน) 12,969.57 5.77 CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED 8 บัวหลวง จํากัด (มหาชน) 9,191.30 4.09 BUALUANG SECURITIES PUBLIC CO

Ref. DBP. 153 / 2019 November 11, 2019 Subject : Clarification on Operating Results for the 3rd quarter and 9-month Period ending September 30, 2019 To : President The Stock Exchange of Thailand

: • Lower inventories as the Company has enforced stock reduction policy • Decrease in property, plant, and equipment due to depreciation • Decrease in leasehold rights due to amorization • However, the