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

Intercarabao Limited (“ICUK”). Revenue from sales of our energy drinks under Carabao trademark to existing export markets amounted to THB 968 million and THB 2,740 million, increased by THB 129 million or 15.4

/ EBITDA from BCP Energy International Pte, Ltd., BCP Innovation Pte. Ltd., and others The operating result of the first six months of 2017, The Bangchak Corporation Public Company Limited (the company) and

-Vitt and Calpis, Osotspa’s beverage portfolio in Thailand improved by 1.5% YoY to THB 12,306.8 million in 9M18. Subsequently, the Company was able to maintain market share in energy drink at 54% in 9M18

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกัด (มหำชน) AI Energy Public Company Limited. AIE 207/2017 November 14, 2017 Subject

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited. AIE 207/2017 November 14, 2017 Subject

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited. AIE 050/2018 February 27, 2018 Subject

(Translation) No. 10000000/008/62 22 January 2019 Subject: Resolutions of the Board of Directors’ Meeting regarding the investment in the Energy Recovery Unit Project through the acquisition of the

of UWC’s investment in Power Plants business as UWC entered into Share Purchase Agreement with Absolute Clean Energy Plc. on July 10, 2020 in the total amount of THB 851.20 million even though this

) By Category of Power Plant 2Q'18 2Q'17 % YTD 2018 YTD 2017 % IPP 280.8 563.1 (50.1%) 671.2 730.1 (8.1%) SPP 33.1 99.6 (66.8%) 294.3 173.1 70.0% Alternative Energy 1.7 2.2 (23.5%) 2.8 3.5 (21.7%) Power