20231030-ADVANC-MDA-3Q23-EN 3Q23 MD&A Advanced Info Service Plc. 1 Executive Summary 3Q23 illustrated AIS core business growth from quality focus despite low season challenges. 3Q23 Thai economy

. The increase of total assets mainly came from increasing in inventories due to revenue growth and increasing in PPE, however, Intangible asset due to be used for the production of products to support

regulatory regime, and (4) exploiting the benefits from the growth of emerging Asia, with the objectives for the Thai capital market to serve the needs of all types of fund seekers and investors, facilitate

assets of the Company and its subsidiary decreased by Baht 29.05 million or 1.00% compared with last year, mostly due to a decrease in cash and cash equivalents of Baht 59.68 million resulting from

connected transaction relating to assets or service, by purchasing of machine for the phase 2 of the flexible packaging. The total value is 18,276,224.79 baht (including vat) or equivalent to 2.74 0f the net

the connected transaction relating to assets or service, by purchasing of machine for the phase 2 of the flexible packaging. The total value is 18,276,224.79 baht (including vat) or equivalent to 2.74

%. The growth was mainly contributed from Property, Plant and Equipment and other assets. PP&E increased due to investment in MRI and Hemodialysis Centers, purchasing Medical Devices and Equipment and

Revenue from Hospital Operations Revenue from hospital operations in the second quarter of 2018 (“2Q’18”) increased 16% yoy. Non-social security revenue growth was 19% which was higher than social security

contracts is continuing growth greater than increasing expense. Statement of Financial Position (Unit: Million Baht) Details 31 Dec 2018 31 Dec 2017 Increased (Decreased) % Assets Current assets Cash and cash

profit is consistent with the increase in the growth of revenue from expansion of business of the company. However, the Gross profit margin has slightly decreased due to cost of program right growth