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

basis is equal to 0.36% by referring to the company’s consolidated financial statements as at 31 March 2019. As such transaction size is less than 15%, it would, therefore, not be subject to the

lower than the market price at March 31, 2019. The company has recognized the future loss from the investment in trade securities. Nevertheless, if the stock price is higher than the market price at June

quarter 2/2018 by Baht 8.76 million the major increased from the contracting of water filtration systems for potable water. It’s started to recognize revenue from 22 March 2019. 3. Cost of sales and

March 2019 As ended June 30, 2019, the company and its subsidiaries had 7 projects on hand with a total of contract values of Baht 977.87 million same as last quarter. Sarun Yansopananan Mr.Sarun

0.03% but not exceed 3.00% of the Company’s NTA. (The Company’s Net Tangible Asset as of March 31st , 2019was 5,794,810,000 baht). 6.2) The condition which may affect shareholder’s rights: -None- 7

resolution of Extraordinary General Shareholders’ Meeting of Subsidiary Company No. 1/2019 held on 8 March 2019 for the debenture debt repayment to Chote Pittayachai 3 Co., Ltd. In this regard, the Board of

are held by Nippon Yusen Kabushiki Kaisha Group, which is a group which N.Y.K. (Thailand) Company Limited, the Company’s major shareholder, is a member (as of 2 March 2018 which is the date determined

quarter ended 31 March 2018 Consolidated Profit & Loss of NPPG (THAILAND) PCL., Unit : Million Baht Quarter 1 Year 2018 Quarter 1 Year 2017 Change %YoY Revenue from sales and services 158.3 155.5 2.8 1.8

the first quarter ended 31 March 2018 which has been reviewed by the independent auditor as follows: Consolidated financial statements The Group reported profit attributable to owners of the Company for