. Total Expenses Total expenses were included employees’ benefit expenses, fees and service expenses, interest expenses and other expenses. In the first quarter of 2021, total expenses were Baht 70.9
ended 31 March 2020 2 | P a g e *Value may differ by one decimal point due to rounding Highlights 1/ One-time expenses in Q1/2019 were resulted from the employee retirement benefit (net after tax). 2
decrease was driven by the COVID-19 pandemic and an increase in employee benefit according to the new labour protection act effective in 2Q19. However, the Company had the positive impact on EBITDA of Baht
disposals of PPE 29 331 - NA NA - - Management benefit expense (35) (33) (40) 14% 23% (40) - Other financial cost 3 (0) (5) -254% 1772% (5) - EBITDA 18,868 19,366 19,576 3.8% 1.1% 22,777 3,201 EBITDA margin
& amortization 13,025 13,442 13,546 4.0% 0.8% 51,842 53,374 3.0% (Gain) loss on disposals of PPE 6 -7 26 349% n/m 30 26 -15% Management benefit expense -45 -37 -26 -42% -31% -168 -145 -13% Other financial cost -4
operate or to procure the benefit upon. (b) arrange for an appraisal on the infrastructure asset in accordance with the rules in Clause 12; (c) in case of the infrastructure asset to be invested being the
normally or by causing the company to lose a benefit that should have been received. (c)2 having an application rejected, or an approval for an offer for sale of newly issued shares revoked, by the SEC
that are complete, clear and enforceable by law and sufficient for the fund to operate or to procure the benefit upon. (b) arrange for an appraisal on the infrastructure asset in accordance with the
& amortization 13,546 13,222 13,118 -3.2 % -0.8 % 53,374 52,902 -0.9 % (Gain) loss on disposals of PPE 30 3 -8 -127 % -390 % 26 20 -23 % Management benefit expense -26 -36 -29 13 % -19 % -145 -133 -8.4 % Other
customers. • Broadband to benefit from TTTBB acquisition and continue the growth momentum with a larger subscriber base, leveraging a combined coverage across Thailand, innovative product offerings, and