which was recorded in 4Q22. Bad debt provision as % of postpaid and FBB revenue declined from 2.6% to 2.4% following the economic recovery. Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 4

campaigns. • Admin & other expenses at Bt3,736mn, decreased -3.0% YoY due to a reduction in depreciation of right-of-use assets and decreased by -8.6% QoQ due to cost controls. The provision of bad debts, as

efficiently managed around 8.3% of total revenue. The provision of bad debts as a % of postpaid and broadband revenue was 2.3% lower than 2Q23 at 2.4%. Profitability 3Q23 EBITDA was at Bt23,674mn, increasing

% 14.74 0.56% (15.41) (51.12%) Lease liabilities 102.88 3.98% 82.91 3.14% (19.98) (19.42%) Non-current provision for employee benefit 70.88 2.74% 68.19 2.58% (2.69) (3.79%) Long-term provisions 9.75 0.38

26.9 percent, mainly from personnel expenses. This was to prepare for an increase in provision due to compensation in lieu of notice in the case of retirement and dismissal of employees according to a

respective regulations, the SEC Office may not proceed in accordance with Clause 24 on such persons if the SEC Office deems that such persons have already been punished appropriately. The provision under the

proceed in accordance with Clause 24 on such persons if the SEC Office deems that such persons have already been punished appropriately. The provision under Paragraph 1 shall not be applicable to the case

whether a CRA has satisfactorily implemented the IOSCO CRA Code, CRAs should disclose how each provision of the IOSCO CRA Code is of conduct deviate from the IOSCO CRA Code and how such deviations

and provision of news, advertisement via television media, and new media in accordance with strategies of the Company to use news related media of the group companies and publish through new media

selling and administrative expenses by THB 170 million or 28% due to provision of employee's severance pay corresponding to revision of the Labour Protection Act of GLOW and unwinding costs of FX forward