1 1Q21 MD&A Advanced Info Service Plc. Executive Summary Mobile revenue slightly recovered QoQ following strong acquisition and government stimulus In late 4Q20, the new phase of outbreak had re

GOVERNMENT SAVINGS BANK SAM SEN NAI, PHAYA THAI, BANGKOK 10400, THAILAND Tel.+66 2299 8000 26 GENERALI LIFE ASSURANCE(THAILAND) PUBLIC PUBLIC CO.,LTD. LUMPHINI, PATHUM WAN, BANGKOK 10330, THAILAND Tel.+66 2612

Baht 14.7 million derived from high expenses of the Group related to the bidding of the projects for procuring electricity from renewable sources of the government sector in the first quarter of 2023

% in the first quarter of 2023 (%YoY) as a result of a slowdown in private investment and exports as well as a decline in public investment and government spending due to the delay in the new government

order for consumers to have increased access to products. In conjunction with the government policy of the Easy E-Receipt project, consumers can use tax deduction rights with VAT- registered businesses

of recovery due to interest rate cuts and increased government budget disbursements. Additionally, the launch of the iPhone 16, featuring Apple Intelligence, which introduces a revamped camera control

the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in

appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government

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continuous increment in global crude price, leaving the retail price unable to keep up with the cost, in addition with government policy to peg the price of Diesel. Power Plant Business Group recorded total