of benefits from a client’s derivatives trading; (2) a person with the controlling power over a client’s derivatives trading; or (3) a financial supporter of a client for the benefit of trading or

with such person, the benefit arising from such transaction would be for the benefit of the persons under (1) or (2) ultimately; (4) a person with a close relationship with an intermediary, either by

%QoQ %YoY THB Mn THB Mn %YoY Administrative expenses 82.1 91.1 96.0 5.4% 16.9% 166.8 187.1 12.2% ChangeChange Administrative expenses comprised of employee benefit expenses, consulting fee, depreciation

comprised of employee benefit expenses, consulting fee, depreciation, public relation expenses and others. Administrative expenses increase 22.9% QoQ from Baht 96.0 million to Baht 118.0 million, increasing

expenses 91.1 96.0 118.0 133.0 15.0 12.7% 350.3 438.1 87.8 25.1% Change YoYChange QoQ Administrative expenses comprised of employee benefit expenses, consulting fee, depreciation, public relation expenses

benefit expenses, consulting fee, depreciation, public relation expenses and other admin expenses. Administrative expenses decrease 12.1% QoQ from Baht 121.4 million to Baht 106.7 million. The decreasing of

% (9.4%) 305.1 335.0 9.8% Administrative expenses comprised of employee benefit expenses, consulting fee, depreciation, public relation expenses and other admin expenses. Administrative expenses QoQ

employee benefit expenses, consulting fee, depreciation, public relation expenses and others. Administrative expenses increase 2.7% QoQ from Baht 106.9 million to Baht 109.8 million, increased by Baht 2.9

) Core service revenue Around 13-15% EBITDA Around 14-16% CAPEX (exclude spectrum) Approx. Bt 25-26bn Core service revenue to grow around 13-15% In 2024, the growth would benefit from inorganic growth from

policy to increase the minimum wage, which is projected to benefit over 3.7 million employees beginning January 1, 2025. This policy is expected to exert a positive influence on the Company’s operations in