payable 24,215 7.2% 16,503 5.1% ST loan & CP of LT loans 20,496 6.1% 14,549 4.5% CP of lease liabilities 11,135 3.3% 11,225 3.4% Accrued R/S expense 3,361 1.0% 3,361 1.0% CP of spectrum payable 10,903 3.2

reported a core service revenue of Bt138,569mn, increasing 4.2% YoY, attributed to the performance of all core services dedicated to delivering high-quality products, as well as additional revenue

in 4Q18 following currency fluctuation in the quarter while foreign debts were all fully hedged. Finance cost was Bt1,217mn decreasing 5. 8% YoY and 5. 5% QoQ due to lower deferred interest from

digit driven by all business segments. EBITDA margin is expected to be stable while budgeted for CAPEX of Bt20-25bn (see guidance on page 6). Significant Event for FY19 Since 1 January 2019, AIS has

the lower natural gas price. However, gross profit of IRPC Clean Power plants (IRPC-CP) slightly decreased by Baht 8 million, however, gross profit of GLOW's SPP plants increased by Baht 15 million due

mainly due to the change in accounting treatment on the partnership with TOT (see significant event). Excluding all costs paid to TOT, the focus on cost optimization continued to result in controlled

commenced after all conditions are completed. For more detail, see “Resolutions of the Board of Directors Meeting Regarding Connected Transaction on the Offer to Tender the Entire Ordinary Shares of CSL

Loan 1800MHz 900MHz 700MHz Total Assets 290,505 100% 287,607 100% 2H19 - 3,364 - 4,020 - Trade payable 18,422 6.3% 21,336 7.4% 2020 - 14,829 3,128 21,747 1,758 ST loan & CP of LT loans 17,104 5.9% 11,529

network on the contiguous 2x20MHz bandwidth on 1800MHz, giving 15- 30% speed increase for all 4G users. With the current spectrum portfolio comprising 900/1800/2100MHz, we aim to continue delivering leading

Rayong Central Utility Plants (CUP) as well as the downward trend of average steam selling price of CUP and IRPC Clean Power (IRPC-CP). • Very Small Power Producer (VSPP) and other: The gross profit