1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited
Exchange of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2024 of the Company and the
shareholders attending the meeting and entitled to vote. BOD Resolution EGM 1-2020 EG (003)_Final Clean _New.pdf BBL Permata IM 1 Version EN_Final Clean (003).pdf
of UWC at introductory price in total of Baht 851,200,000 (Eight hundred fifty one million two hundred thousand Bath) to Absolute Clean Energy Public Company Limited (“ACE”) and/or its subsidiaries
volume of electricity and steam from higher demand of industrial users as they expanded production capacities. Furthermore, IRPC Clean Power Company Limited (IRPC-CP) started Commercial Q4/2018 and 2018
force as from 1 January 2015; (2) the second paragraph of Clause 34 relating to fundamental recommendation regarding the importance of basic asset allocation shall come into force as from 1 April 2016
Companies on Connected Transactions B.E. 2546 (2003) (and amended) dated 19 November 2003. 4 The above allocation of newly issued ordinary shares to VAVA (including their related persons) have obligate to
Conversion Plan of the Company of which a plan for allocation and offering of the newly issued ordinary shares of the Company according to the Debt to Equity Conversion Scheme, was a part thereof. This would
management to strive for the highest capital efficiency while ensuring capital adequacy under normal and stress scenarios. Moreover, development of short-term and long-term capital allocation strategy and