restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is

margin of 51% from revenue growth, lower pressure in utility cost, as well as efficient cost management in marketing expenses. AIS reported a net profit of Bt8,146mn, increasing 35% YoY and increasing 14

reported 1Q24 EBITDA of Bt27,769mn, delivering a growth of 23% YoY, 16% QoQ from profitable revenue expansion with efficient cost management. The TTTBB acquisition has also been accretive to AIS’ EBITDA

decreasing purchasing power compared to Q1/2023. In terms of product categories, sales increased YoY. (1) Especially in the Mobile product, increased by THB 106.27 million (+238.54%) , (2) iPhone/ iPad product

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into

the Bank of Thailand and the Electronic Transactions Development Agency (Public Organization), to unite in making preparations to 4 combat cyber threats, ensuring customers of efficient IT cyber

(Merchant Power) 7,452 15.1 6,653 14.2 5,985 12.8 ผลิตภณัฑ ์FMBG (Fan & Thermal Management) 7,021 14.3 7,064 15.1 6,053 12.9 กลุ่มโครงสร้ำงพื้นฐำน (Infrastructure) 10,532 21.4 11,088 23.6 12,310 26.2 ผลิตภณัฑ

Page 2 Management Discussion and Analysis 1. Significant events in the second Quarter of 2019 1.1 The progress in construction projects - Xayaburi Project, a project of the Xayaburi Power Company Limited

& Device sales reported Bt7,868mn,a increasing 5.5% YoY due to gradual recovery of consumer purchasing power. However, the revenue decreased - 25% QoQ due to seasonality and high base in 1Q24, which included

from 3BBIF. SIM & Device sales reported Bt7,868mn,a increasing 5.5% YoY due to gradual recovery of consumer purchasing power. However, the revenue decreased - 25% QoQ due to seasonality and high base in