of THB -276.6 Mn. This was mainly due to in 2019, the Group recorded the net cash from Financing Activities which was offset by (1) cash received from IPO THB 952.1 Mn and (2) net repayment of short

repayment of financial lease of Baht 3.61 million, interest payment of Baht 1.11 million and repayment of short-term loan of Baht 189 million. - 6 - (2.7) Financial Ratios Financial Ratios As at March 31

70.00 million Baht from sale of assets that the Company can further utilize as debt repaymentfor repayment of certain amount of commercial debts of the Company, which will relief risks from litigation to

same period of 2020, a decrease of THB -317.9 Mn. In 2019, the Group recorded the net cash inflow from the IPO of THB 952.1 Mn which was partially offset by (1) net repayment of short-term borrowings

% 8,487 2.3% Figures from P&L are annualized YTD. Defer tax asset 4,120 1.2% 4,136 1.1% Debt Repayment Schedule License payment schedule Others 5,312 1.5% 5,264 1.4% Bt mn Debenture Loan 1800MHz 900MHz

7.4% from Baht 438.5 million in Q4 2021 to Baht 406.0 million in Q4 2022 due to the repayment of legal fee from Sakthi Group, following the court’s decision in favor of the Company under the English

Bt250,467mn, declining -0.3% from the end of 2022. Interest-bearing debt stood at Bt80,790mn, decreased by -4.3% following the debt repayment. Net debt to EBITDA (excluding lease liabilities and license payable

23,945 27,769 23% 16% EBITDA margin (%) 48.3% 46.7% 52.1% +381bps +545bps 1Q24 MD&A Advanced Info Service Plc. 6 Debt Repayment Schedule License payment schedule Bt mn Debenture Loan 900MHz 2600MHz 700MHz

additional capital of the associate for Baht 902 million. The company had net cash used in financing activities of Baht 1,594 million resulting from the loan repayment according to the long-term loan

times in the fiscal year 2016. Return on Equity and Return on Asset are 20% and 3.9 %, respectively. In addition, the Board of Directors’ meeting has approved the final dividend payment for the fiscal