% Gross Margin 1,692.7 32.2 % 1,686.6 35.8 % 0.4 % Selling Expenses (646.6) (12.3 %) (469.9) (10.0 %) 37.6 % Administrative Expenses (214.9) (4.1 %) (248.2) (5.3 %) (13.4 %) Losses on exchange rate (43.0

) - (870.5) N.A.(

Change Amount Change 2019 2018 Value % 2019 2018 Amount % Revenue from sale – net 1,254.18 1,393.11 -138.92 -9.97% 1,251.51 1,381.97 -130.47 -9.44% Gain on exchange rate 0.34 1.26 -0.92 -72.75% 0.41 1.29

subsidiaries (“the Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts

lower rate than the decreased in revenue. This is because in Q2-2021, the allowance for expected credit losses was reversed and those are also better able to cover fixed cost due to higher revenue in Q2

, improving 1.1% YoY mainly driven by strong growth of fixed broadband and non-mobile enterprise business. QoQ, core service revenue dropped by -1.9% mainly from lower mobile revenue. Mobile revenue impacted by

1 FY18 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business In FY18 competition in mobile industry remained elevated particularly on data pricing with fixed

- Translation - 14 August 2019 Subject: Management’s Discussion and Analysis for the Operating Results of the Second Quarter of 2019 Attention: The President of the Stock Exchange of Thailand Exotic

value at 28,600,000 MYR (equivalent to 220,000,000 THB). The reference exchange rate is 0.13 MYR per THB which is 15 days average exchange rate before the negotiation date between NDR and CRSB which is a

which mainly due to commission income increased Baht 0.3 million and increased gain on exchange rate at Baht 0.1 million. For this year, as said, the gain on exchange rate at Baht 0.1 million while prior