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 2021 of the Company and the subsidiaries

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2022 of the Company and the subsidiaries (“the

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

Thailand remained stable. Capital funds and reserves were at a high level and were able to support the challenges of uncertain economic conditions. The performance of the Thai banking system improved, mainly

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

consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For

calls would have some short term impact. As lockdown period remains uncertain and social distancing continues, telecom remains to be essential service to both personal and business communication. Mobile

the Company. Therefore, for the purpose of certainty and to prevent the disclosure of uncertain information to the Company’s shareholders and general investors, the Company has not disclosed information