benefited from government tax incentive of Bt246mn and foreign exchange gain. 4 FY20 MD&A Advanced Info Service Plc. FY20 Financial Summary (Pre -TFRS 16) Revenue In 2020, AIS reported a total revenue of

core service revenue for 2021, a growth of 1.1% YoY. EBITDA increased by 2.2% to Bt91,408mn. With ongoing network investment and unrealized foreign exchange loss, reported net profit was Bt26,922mn

enhanced device margin. AIS reported a net profit of Bt8,788mn, increasing 7.9% YoY reflecting strong operating performance, while increasing 2.5% QoQ from higher foreign exchange rate gain. 3Q24 MD&A

.  Foreign Exchange Regulations The Bank of Thailand issued Notice of the Competent Officer on Rules and Practices regarding the Undertaking of Authorized Money Changers (No. 6), and Notice of the Competent

exchange rates. KBank hence prioritized effective risk management in order to cope with economic uncertainties both at home and abroad. We adopted a prudent credit policy, accounting for customer potential

vulnerable, however, many central banks may adopt a cautious stance in their monetary policies, primarily taking into account the right timing to mitigate possible foreign exchange volatilities as well as

securities, as well as the suitability for investment and the relevant risk exposure. The effectiveness of the Registration Statement neither represents that the Securities and Exchange Commission, the Capital

of the SEC Office (if any) and/or the conditions for the Stock Exchange of Thailand’s acceptance of securities (if any), including the compliance with such obligations or conditions in the following

required to sumbmit such attachments to the Stock Exchange of Thailand (SET) as well. - 3 - SEC Classification : ใชภ้ายใน (Internal) Part 1 Business Operation and Operating Results 1. Organizational

อัจฉริยะ” (smart contract) หมายความว่า   ชุดคำสั่งคอมพิวเตอร์ที่ดำเนินการบังคับตามข้อตกลงระหว่างคู่สัญญาโดยอัตโนมัติเมื่อเกิดเหตุการณ์ตามที่กำหนด “ผู้บริหาร&rdquo