Discussion and Analysis for 1st quarter ended as of March 31, 2019 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement for

Energy Recovery Unit from Thai Oil Public Company Limited and entry into the relevant agreements (Edited) Attention: President Stock Exchange of Thailand Enclosure: Information Memorandum on Asset

oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained

13 November 2019 Subject : Explanation of the operating results for the nine months of the year 2019, change in excess of 20% Attention: Directors and Managers the Stock Exchange of Thailand According

EBITDA was 111 MB, decreased 56% from quarter 3/2016 which was at 251 MB. Due to the continuous decrease in crude palm oil price since quarter 2/2017, the company realized Stock Loss for Methyl Ester

Group, consequently impacting investments in new service stations. Additionally, there is the implicit value that SDA, an oil trader license holder under Section 7 of the Fuel Trade Act of 2000, has the

, attributed from rising of crude oil price, hence the company reported EBITDA of THB 285 million, declined from 4Q2017 by 6%. After deducting Stock Gain & NRV of THB 1 million, the company had Adjusted EBITDA

) AI Energy Public Company Limited ทะเบียนเลขที ่ 0107556000311 crude palm oil price in 2nd quarter of 2018, where realized net profit of THB 1.33 million. The Company realized stock loss from the

Blank No. 10000/065/2018 13 July 2018 Subject: Disposition of Shares in Nido Production (Galoc) Pty. Ltd. by the Subsidiary Attn.: President The Stock Exchange of Thailand The Board of Directors of

between 15-20 days in order to avoid increasing cost of sales from stock of products too much. Because the fluctuation of palm oil prices is still an important factor in the Company's profitability. As of