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 2020 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

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2023 of the Company and the subsidiaries (“the

1 No. ACE-ACC-3/2024 13 August 2024 Subject Management Discussion and Analysis for the period ended 30 June 2024 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company

Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2024 of the Company and the subsidiaries (“the Group”) as follow

subsidiary was used as guarantee for loans from financial institution. 2.1.5 Deferred tax assets: As at 30th June and 31st March 2019, the Company and its subsidiaries had net value of Baht 17.52 million and

loans from financial institution. 2.1.5 Deferred tax assets: As at 30th September and 31st March 2019, the Company and its subsidiaries had net value of Baht 18.28 million and Baht 15.56 million

financial institution of 119.17 million baht, employee benefit obligation of 0.45 million baht and deferred tax of 1.86 million baht. 2.3 Shareholders’ Equity As of June 30, 2017, the Company and its

PUBLIC COMPANY LIMITED (“the Company”) would like to provide an explanation regarding our financial performance and position for the 3-month period ended 31 March 2019 as follows: Financial Performance For