Discussion and Analysis for 1st quarter ended as of March 31, 2020 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement for

Discussion and Analysis for 3rd quarter ended as of September 30, 2020 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement

Discussion and Analysis for the year 2020 ended as of December 31, 2020 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (“the Company”) would like to submit the financial

Discussion and Analysis for 1st quarter of 2021 ended as of March 31, 2021 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial

% 8,937 7,759 -13% Operating profit 9,462 9,613 9,676 2.3% 0.7% 19,278 19,289 0.1% Net foreign exchange gain (loss) 350 -223 -157 -145% -29% -81 -380 372% Other income (expense) 145 117 554 282% 373% 416

3,331 16% Admin and others 3,908 4,046 3,850 -1.5% -4.8% 7,759 7,896 1.8% Operating profit 9,676 9,064 9,184 -5.1% 1.3% 19,289 18,247 -5.4% Net foreign exchange gain (loss) -157 -42 -335 113% 688% -380

2,001 1,322 -11% -34% Admin and others 4,119 5,437 4,568 11% -16% Operating profit 9,410 10,205 12,529 33% 23% Net foreign exchange gain (loss) 62 412 -198 -417% -148% Other income (expense) 133 282 414

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(THB mn) % out of total assets (THB mn) % out of total assets Cash & cash equivalents and Current investments 484 29.7% 203 10.1% Trade & other receivables 290 17.8% 357 17.7% Building and equipment 176

profit 3 months 3 / 3 Financial Position The group’s assets increased by Baht 52.73 million, mainly due to the following reasons:  Trade and other receivables increased by Baht 44.48 million and