effective tax rate was 18.9% increasing from 18.2% in 2Q21 due to expiring tax benefits and declining from 19.6% in 1Q22 from general adjustment. SG&A expenses were Bt5,690mn, increasing 11% YoY and 2.8% QoQ

were THB 159 million and THB 426 million, respectively, increased by 165% from Q3/2021 and 76% from 9M/2021, corresponding to the increase in sales and the adjustment of certain menu’s selling price

the resolution of approving the delisting of GLOW’s from being the listed securities on the Stock Exchange of Thailand. The company has informed the Stock Exchange of Thailand (SET) to make a tender

fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre respectively. Additionally, the government has delegated the Electricity Generating Authority of Thailand

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

of Thailand (“BOT”). In this respect, please consider the information on the BOT’s website. (www.bot.or.th) Apart from the ACO I’s notice as mentioned above, the Company has received notices from 2

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: + 662 273 8838 F: + 662 273 8858

Power Plant: Although the revenue in Q2/2017 decreased by 11% due to the decline of Energy Payment (EP) from the decrease in submitted electricity volume to Electricity Generating Authority of Thailand

Ref. No. IVL 007/05/2018 May 10, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

, which is expected to take place in the early of 2019. Thai Banking Industry Although the commercial banking system in Thailand is facing ongoing challenges from the economic environment, its lending and