Microsoft Word - ACE MDA Q2 22 - EN 1 No. ACE-ACC-3/2022 9 August 2022 Subject Management Discussion and Analysis for the period ended 30 June 2022 To President The Stock Exchange of Thailand

1 No. ACE-ACC-4/2024 13 November 2024 Subject Management Discussion and Analysis for the period ended 30 September 2024 To President The Stock Exchange of Thailand Absolute Clean Energy Public

Board No. Tor.Jor. 20/2008 regarding Criteria for entering into significant transaction that is the acquisition or disposal of assets and Notification of the Board of Governors of the Stock Exchange of

of the SEC Office (if any) and/or the conditions for the Stock Exchange of Thailand’s acceptance of securities (if any), including the compliance with such obligations or conditions in the following

required to sumbmit such attachments to the Stock Exchange of Thailand (SET) as well. - 3 - SEC Classification : ใชภ้ายใน (Internal) Part 1 Business Operation and Operating Results 1. Organizational

excise tax and sugar tax following the Excise Act, B.E. 2560 which was effective since 16 September 2017; cost from trial runs and start-up of a new production line, driving higher yield loss; and cost

amongst the companies with the honor of Thailand Sustainability Investment 2017 by the Stock Exchange of Thailand, having demonstrated outstanding achievements in sustainable business operations with utmost

%. Delivered FY20 performance in-line with guidance from well-managed cost Overall FY20 performance tracked in- line with all guidance. Core serviced revenue of Bt129,594mn declined -5.1%YoY vs guidance of low

- time gain recognized in 3Q23 of Bt434mn from Rabbit Line Pay (RLP) divestment. SG&A expenses were at Bt22,840mn, slightly increased 2.2% YoY despite TTTBB impact due to the cost optimization efforts in

at the top of the mutual fund business. KASIKORN LEASING CO., LTD. saw satisfactory lending business volume in line with the overall domestic automotive industry while also maintaining healthy asset