Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2022 of the Company and the subsidiaries (“the

Of Details ABSOLUTE CLEAN ENERGY PUBLIC COMPANY LIMITED 2024 Reviewed Consolidated Q3 30/09/2024 ABSOLUTE CLEAN ENERGY PUBLIC COMPANY LIMITED 2024 Reviewed Company Q3 30/09/2024 ABSOLUTE CLEAN ENERGY

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2022 of the Company and the subsidiaries

Clean Power (IRPC-CP) in Q3/2018 was at Baht 509 million, decreased by Baht 6 million or 1% from Q2/2018. This was due to the increase in natural gas prices while the Ft rate remained constant. The gross

Natural gas (IPP) Natural gas (SPP+VSPP) Maintenance costs Others 59% 60% 63% 10% 9% 4% 18% 18% 18% 4% 4% 4% 9% 10% 10% 14,062 12,943 12,488 Q2/19 Q1/20 Q2/20 Coal GPSC - Q2/2020 Management Discussion and

increase in electricity and steam average selling price from Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) following the upward trend of natural gas price and Ft rate. Moreover, 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 2022 of the Company and the subsidiaries (“the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2022 of the Company and the subsidiaries (“the

the decrease in selling and administrative expenses but also the better performance of GPSC’s power plants especially IRPC Clean Power Phase 1 whose main customer returned to operate as normal from the

for clean energy, as the economy is still expanding. • The trend of natural gas prices has increased significantly during the first half of the year 2019 however is expected to fall during the second