the manufacturing. 15 4 Electricity Generating Authority of Thailand, Mae Moh District, Lampang Province, changed all power supply in the mine and changed the motor protection relay in the power plant

Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory Commission EPC Engineering, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign

Analysis ABBREVIATION COD Commercial Operation Date EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

March 12,2020 Subject: Notification of the disposal of shares in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited (Revised No.2) Attention: President Stock Exchange of

buy and utilize crude palm oil as fuel for generating electricity. Moreover, the Ministry of Energy also promoted B20 diesel use, lowering the volume of domestic palm oil stock, therefore impacted the

EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory Commission EPC Engineering, Procurement

/ litre respectively from October 2019 onwards. In addition, the Electricity Generating Authority of Thailand ( EGAT) has been assigned to purchase crude palm oil to produce electricity continuously

Bank COD Commercial Operation Date EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory

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