MD&A Q1Y2018 _E_ - 10.5.61 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the 1 st Quarter Ended 31 March, 2018 Management Discussion and Analysis For the 1 st

of UWC’s investment in Power Plants business as UWC entered into Share Purchase Agreement with Absolute Clean Energy Plc. on July 10, 2020 in the total amount of THB 851.20 million even though this

price. (4) In third quarter 2017, the Company electricity sale volume to grid decreased, due to annual maintenance. (5) In third quarter 2016, the Company recorded the extraordinary item which came from

าลงัการผลิตติดตั้งรวม 110.03 เมกะวตัต์ โดยสัญญาซ้ือขายไฟฟ้า มี ระยะเวลาขายไฟฟ้าให้กบั Electricity of Vietnam (“EVN”) เป็นเวลา 20 ปี ในอตัรารับซ้ือไฟฟ้า (Feed in Tariff หรือ FIT) ท่ี 0.0935 USD ต่อ

has approved for the investment in Eco Energy Group Corporation Co., Ltd. (“Eco”) in the proportion of 76.92 percent as an operator to produce and sell electricity from all renewable energy. The

Phuyen province, Vietnam with a total capacity of 109.76 MW. The projects will be granted a 25-year power purchase agreement with Electricity of Vietnam (EVN) at a feed-in tariff (FIT) of USD 0.0935 per

Energy Company Limited Type of business : 35101 Produce and sell electricity from solar power Company’s address : 51/29,51/61 Soi Vibhavadi Rangsit 66 (Siam Samaggi), Talat Bang Khen Subdistrict, Lak Si

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

energy business incurred a gross loss because the company sold rooftop solar power to tenants of building space within the Wincoast Industrial Park as Page 3 of 4 only one project, capacity 0.75 megawatts

Revenue from sale of electricity 80.11 50.86 29.25 57.51 5 Other income 10.65 6.23 4.42 70.95 6 Total Revenues 304.05 256.05 48.00 18.75 7 Total expenses 333.50 295.14 38.36 13.00 8 Profit(Loss) before