System Engineering and Service Company Limited (ESES) for the construction of a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht. Nongree Power

Power Plants Company Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated

Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht

procurement of project site location and rendering of related services to clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project

25.95 1,140.20 165.56 1,266.82 Revenue from sales electricity 90.50 89.30 - - 90.50 89.30 Revenue from sales and services 4.67 3.53 - 1,120.54 4.67 1,124.07 Dividend income 32.34 - - - 32.34 - Other

-year power purchase agreement with the Republic of Indonesia’s electricity authority, PT PLN (PERSERO). The Project is expected to commence commercial operation in 2021. Management Discussion and

the period ended 31 March 2023 and 2022 are presented below: Q1-2022 Q1-2023 Sales and service income THB Mn THB Mn THB Mn % Sales of electricity - FiT, base tariff and Ft 806.7 851.2 44.5 5.5% FiT

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

with NT. • Network OPEX & NT partnership cost was at Bt4,825mn, increasing 4.5% YoY mainly due to the increased network utility cost following the rising electricity cost. It was flat at 0.2% QoQ

service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3