experience. However, the Company may have restrictions on expansion of business relating to Waste Management System for Refuse-Derived Fuel and be unbale to participate in bidding for Government’s waste

of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2020 of the Company and the

growing. In January – May 2018, the company was able to increase its motor fuel retail sales volume by 7% YoY, while the total industry’s service station sales volume grew only 3.1%. This resulted in the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2023 of the Company and the subsidiaries (“the

Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company and its subsidiaries’ operating results for the 2nd quarter ended 30th June 2019 Unit: THB Million Q2/2018 Q1/2019 Q2/2019 YoY QoQ

Project Type of Fuel Hydro (Run of the river) Installed Capacity 15 MW Economic Ownership 72.0% SCOD Q4’2018 EDL PPA 15.0 MW / 25 years % Progress 61.2% Progress on track B.GRIMM POWER PUBLIC COMPANY

company’s ME revenue was decreased by 2% qoq, though the company was able to sell more of ME sales volume of 102,754 tons (up 12% qoq) owing to the government asking fuel traders M.7 for collaboration to

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2018 Ended March 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2018 Ended September 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

extra demand from fuel traders under section no.7 that prepared the B10 stock for new B10 mandatory in the beginning 2020. Based on above factors, in 1Q2020, the Company had EBITDA of THB 301 million, an