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 2021 of the Company and the

94.9 97.2 2.4% (25.0%) 256.0 192.1 (25.0%) Sales of electricity - Base tariff and Ft 5.3 4.8 4.7 (2.1%) (11.3%) 10.3 9.5 (7.8%) Sales from Solar Energy Power Plants 5.3 4.8 4.7 (2.1%) (11.3%) 10.3 9.5

Guarantee (“LG”) from one local commercial bank to guarantee the usage of electricity in production process of the Company. The tenor of first SBLC is 9 months and able to rollover for the whole tenor of main

radio and communications system estimated at Baht 35.04 million, revenue from the sale of electricity to about Baht 23.30 million, services income from water quality improvement of Baht 28.38 million

of the Provincial Electricity Authority, the Construction project to improve the electricity distribution system to underground cables in Sisaket Province of the Provincial Electricity Authority, the

ลักษณะที่ส ำคัญ ช่ือกองทุน (ภำษำไทย) : กองทุนเปิดธนชาต อีสทส์ปริง Global Green Energy ช่ือกองทุน (ภำษำอังกฤษ) : Thanachart Eastspring Global Green Energy Fund ช่ือย่อ : T-ES-GGREEN ประเภท : กองทุนรวม

Boonchaleo Two of these tree directors jointly sign and seal of the company. World Alternative Energy Company Limited Old New Mr.Chirasak Chiyachantana Mrs.Sangsri Chiyachantana Mr.Chiraphol Chiyachantana

of the Company. Mr.Chirasak Chiyachantana Mrs.Sangsri Chiyachantana Ms.Jatechanya Boonchaleo Two of these tree directors jointly sign and seal of the company. World Alternative Energy Company Limited

. SIGNIFICANT EVENTS As of 14 March 2018, Electricity Generating Public Company Limited (“EGCO”) has completed the sale of its 311.44 million shares or 18.72% in East Water to Manila Water (Thailand) Co., Ltd at

participating profit from investment in associated companies and the joint venture in 2018, compared to the same period last year, comes mainly from the increase in electricity generating to the EGAT’s system of