resulted in weak consumer spending, particularly on mobile services. However, remote working continued to provide decent demand for home broadband. Overall, AIS reported core service revenue of Bt32,770mn

& Analysis Q1/2022 Overall operating results of the Company in Q1/2022 Q1/21 Q1/22 Change +/(-) (THB million) %YoY Operating Revenue 179 198 11% Cost of Sales (74) (78) 5% Gross Profit 105 120 14% Other income

trustee is also a unitholder of the REIT [as permitted under Clause 13], the trustee shall cast any vote or take any action by taking into account the best interest of the overall unitholders by adhering to

increasing in overall revenue of biomass power plants and municipal solid waste power plants. Sales and service income (included revenue from finance lease under a Power Purchase Agreement) increase 18.2% YoY

Discussion & Analysis Q2/2022 Overall operating results of the Company in Q2/2022 Q2/21 Q2/22 Change +/(-) 1H/21 1H/22 Change +/(-) (THB million) %YoY %YoY Operating Revenue 137 230 68% 317 428 35% Cost of

Management Discussion & Analysis Q3/2022 Overall operating results of the Company in Q3/2022 Q3/21 Q3/22 Change +/(-) 9M/21 9M/22 Change +/(-) (THB million) %YoY %YoY Operating Revenue 115 246 114% 431 674 56

PerformanceSignificant EventsExecutive Summary Management Discussion & Analysis Q4/2022 Overall operating results of the Company in Q4/2022 Q4/21 Q4/22 Change +/(-) 2021 2022 Change +/(-) (THB million) %YoY %YoY Operating

grow further this year. 39.9 6.7 0.4 11.2 25.0 2019 2020 2021 2022 2023 Significant Events Financial Performance Management Discussion & Analysis Q1/2023 Executive Summary Overall operating results of

assets while new depreciation from 5G asset gradually increase after continuing expanding 5G network capacity. Overall SG&A showed a decline of -6.7% YoY with marketing expense dropping -20% YoY reflected

demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS