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

-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns

SUPER: SUPER ENERGY CORPORATION PUBLIC COMPANY LIMITED SWC: SHERWOOD CORPORATION (THAILAND) PUBLIC COMPANY LIMITED TAN: Tanachira Retail Corporation Public Company Limited TBN: TBN Corporation Public

with the installed capacity of 42.50 megawatts in Australia. (RAC held 100 percent stake in the Project). The Project has Power Purchase Agreement Braemar Power Projects, a subsidiary of Alinta Energy

four companies that are Asia Patana Land Co., Ltd (AP), Industrial Waste Management (Asia) Co., Ltd (IWMA). , Genco Renewable Co., Ltd (GR). And Genco Clean Energy Co., Ltd (GC). AP is in real estate

early 2018. - OSP energy drink market share was at 54%. Q4’18 M150 market share was at 37.9% increase by 90bps QOQ. C-Vitt took over leadership position in functional drink market, with Q4’18 market share

oil (CPO) inventory plunged to the level of 170,000 tons compared to the level of 400,000 tons at the same period of previous year, resulted in a surge in crude palm oil price. In addition, the Energy

from Power Business and Share of Profit from Investments and Dividend 257.61 186.22 38.3% - IPP 96.6 19.5 395.8% - SPP 139.4 168.6 -17.3% - Renewable Energy 21.4 (0.5) -4566.0% - Power Plants under

1 No. ACE-ACC-3/2021 13 August 2021 Subject Management Discussion and Analysis for the period ended 30 June 2021 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2021 of the Company and the subsidiaries