Plain Investment Consultant

) Reference Price of DIT (3) Market ME Price - Mixed Feedstock according to EPPO's B100 formula Market Overview of Major Products Market Overview of Methyl Ester (ME or B100) Table 4 : Product and Feedstocks

range between 31.75-48.95 Baht per Kilogram which decreased from the 2nd quarter of 2022 was in range between 52.50-61.22 Baht per Kilogram or decrease 32% (Source : DIT, Ministry of Commerce). Due to the

Baht per Kilogram and the year 2021 was in range between 30.75-47.45 Baht per Kilogram (Source: Department of Internal Trade (‘DIT’), Ministry of Commerce). Due to the fluctuation of CPO price in the

-34% 20.48 -1% EPPO P2F (Baht/kg)(4) 5.14 5.17 -1% 4.93 4% Biodiesel Mandate B7 B5 B7 Note : (1) Reference Price of EPPO (2) Conversion ratio: 0.865 Tons = 1,000 Liters (3) Reference Price of DIT (4

7.00 Baht/Kilogram) (Source: DIT, Ministry of Commerce). In 2019, CPO price was highly fluctuated up-down. The Company realized its stock loss of 44.00 million Baht from the recording NRV on 31 December

season from El Nino effect. These affected to CPO-DIT reference price in quarter 2/2017 dropped to 25.84 Bt/kg from 30.78 Bt/kg in quarter 1/2017 and decreased from 33.90 Bt/kg in quarter 2/2016. As a

resulted in continuous drop in price announced by Department of Internal Trade (CPO-DIT) to 22.4 Baht/Kg in quarter 3/2017 down from quarter 2/2017 which was at 25.8 Baht/Kg and from quarter 3/2016 which was

) Reference Price of DIT (4) Market ME Price - Mixed Feedstock according to EPPO's B100 formula An average of the 1Q2019 crude palm oil (CPO-DIT) price was at 16.04 Baht/kg, being less than 1Q2018 crude palm

Baht/Kilogram) but in the 1st quarter of 2018, where CPO price was fluctuated in the range of 1.50 Baht/Kilogram between 21.00-19.50 Baht/Kilogram. (Source: DIT, Ministry of Commerce) The Company