Ref: CIG 040/2020 November 16, 2020 Subject: Profit and loss reporting for the period of 9 month of 2020 and explanation of more than 20 percent fluctuation in profit and loss compared to that of

company revised its portfolio to manage oil price fluctuation. Whereas in Q3/2019, the refinery realized gain of THB 6 million.  The refinery business realized slight inventory gain even when crude price

exchange rate also decreased compared to the prior period since the company has planned to hedge into the forward contracts to reduce the risks from the fluctuation of exchange rate. Finance Cost In the

Yai, Chachoengsao, Rayong and Diana Hat Yai Branch. Industry Overview Thailand’s overall economy expanded at a slower pace than expected in 2Q19 due to external demand. The escalated trade tension

even our daily lives. 3 ❑The 2023 Israel-Hamas war ❑The war between Ukraine and Russia ❑Trade War between US and China ❑Autonomy of Taiwan and Hong Kong from China Source: The Guardian newspaper ❑Tension

investment in subsidiary of 12 million Baht and allowance for doubtful accounts of 2.78 million Baht. The fluctuation of CPO price mentioned above had reflected the Company's business operation in the

fluctuation of CPO price since sometime the Company is unable to adjust its costing inline to the market price continuously and severely. The fluctuation of the price of CPO may affect the earning of the

subsidiary (AIL) of 17.31 million Baht and allowance for doubtful accounts of 2.78 million Baht. The fluctuation of CPO price mentioned above had reflected the Company's business operation in the production

เนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited ทะเบียนเลขที ่ 0107556000311 The fluctuation of CPO price mentioned above had reflected the Company and other operators in palm oil and biodiesel

loss of THB 44.24 million. This is due to less fluctuation in Crude Palm Oil (CPO) price in the 2nd quarter of 2018 (prices range are in between 18.50 – 24.00 Baht, or 2.00 – 4.00 Baht/Kilogram) than