Discussion and Analysis for 1st quarter ended as of March 31, 2020 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement for

and Analysis for 2018 To : Director and the President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the 3 and 9 month period ended 30 Sep. 2018

(Translation) NEP-AC 001/2563 26 February 2020 Subject: Management Discussion and Analysis for year ended December 31, 2019 To : The President The Stock Exchange of Thailand Operating Result NEP

-Translation- No. ECF2 005/2018 February 28, 2018 Subject: Management Discussion and Analysis of the year ended December 31, 2017 To President The Stock Exchange of Thailand East Coast Furnitech

: Management explanation and analysis for three-month period ended 31 March 2018 Attention : The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“the Company”) would like to

-Translation- No. ECF2 041/2561 12 November 2018 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2018 To President The Stock Exchange of Thailand East Coast

No. 256111002 14 November 2018 Subject: Management Discussion and Analysis for the third quarter ended 30 September 2018 To: President The Stock Exchange of Thailand M Vision Public Company Limited

: Management explanation and analysis Quarter 3/2020 ending 30 September 2020 Attention: The President of, The Stock Exchange of Thailand Ziga Innovation Public Company Limited (“the Company”) manufactures and

UNIT: Million Baht 1Q2020 1Q2019 % YoY 4Q2019 % QoQ Sales Revenue 5,227 2,816 86% 3,842 36% EBITDA 345 141 145% 226 53% EBITDA Margin (%) 6.6% 5.0% 1.6% 5.9% 0.7% Stock Gain/(Loss) & NRV 92 -74 -224% -13

% YoY Sales revenue 3,654 5,219 -30% 3,704 -1% 16,225 19,472 -17% EBITDA 286 387 -26% 289 -1% 923 1,138 -19% EBITDA Margin (%) 7.8% 7.4% 0.4% 7.8% 0% 5.7% 5.8% -0.1% Stock Gain/(Loss) & NRV -24 -62 -61