%) Depreciation 129.07 127.12 1.95 1.53% 504.40 432.02 72.38 16.75% Amortization 81.31 76.69 4.62 6.03% 320.36 300.72 19.64 6.53% EBITDA 512.50 534.08 (21.58) (4.04%) 2,309.08 2,280.92 28.16 1.23% 2. ECONOMIC

projects The management maintain positive view onThailand's economic growth, which evaluated from the Company’s customers database and reports from the Bank of Thailand(BOT). BOTexpectsthat the

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 2 2. ECONOMIC SITUATION Thai economy in Q3/2018 continuously grew. Export-oriented manufacturing businesses expanded for specific sector, automobile

follows. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2018 expanded by 3.3%, decreased from 4.6

According to the Bank of Thailand and Office of the National Economic and Social Development Board data. The Thai economy in the first quarter of 2022 expanded by 2.2% (y-y), accelerating from 1.8% growth in

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

1Q22 MD&A Advanced Info Service Plc. Executive Summary Prolonged economic impact from Omicron outbreak and rising inflation in 1Q22 In 1Q22, Thailand’s economic recovery was challenged as private

According to the Bank of Thailand and Office of the National Economic and Social Development Board (NESDB) data. Thailand’s economy in the fourth quarter of 2023 expanded by 1.7%, resulting in the GDP of

recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra