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

(“the Company”) would like to submit the financial statement for 3rd quarter of 2022 ended as of September 30, 2022, which details are as following ; Unit : Million Baht Operating results (Consolidated

Profit Margin (%) -0.51 5.07 12.65 7.58 -14.92 13.16 1,289.93 • Net revenue of Q4/2018 is decreased for 27.17 million baht comparing with Q3/2018 because of the recession of the market and the price war

12.43 221.57 Net Profit Margin (%) -0.51 5.07 12.65 7.58 -14.92 13.16 1,289.93 • Net revenue of Q4/2018 is decreased for 27.17 million baht comparing with Q3/2018 because of the recession of the market

% 57 6 51 871% According on the table above ,the consolidated financial statements for the period ended June 30, 2017 showed that the net profit from operation amount of 34 million Baht had increase 30

transaction was 0.28% (calculated by the total of value consideration basis) This transaction is not considered according to the Notification of the Capital Market Supervisory Board No. Tor.Chor.20/2551 Re

Credit rating International Credit Rating AA, A BBB BBB unrated 2. (Market Risk) 25% 3. (Exchange Rate Risk) 4. (High Issuer Concentration Risk) ≤10% 10-20 % 20-50 % 50-80 % >80% 5

Credit Rating AA, A BBB BBB unrated 2. (Market Risk) 25% 3. (Exchange Rate Risk) 4. (High Issuer Concentration Risk) ≤10% 10-20 % 20-50 % 50-80 % >80% 5. (High Sector Concentration

to Baht 95.2 million, increased 20% from 1Q18 and increased 26.2% from 4Q18. While net profit margin increased to 12.3% from 11.5% in 1Q18 and 9.7% in 4Q18. Statement of financial position As of March