guidelines in the investment management industry. This initiative seeks to enhance collaboration, benefiting the sustainable and stable growth of the industry. Ms. Nataya Niyamanusorn, Assistant Secretary

"Stable". RML acknowledged the downgrade credit rating result prior to the effective date of Filing Form but RML did not reveal this credit rating in Filing Form. 27/12/2021 agreed to comply

"* : Arbitrage TCR A(#H $-* + Premium ( Discount G ( % % Underlying *-, &#' Arbitrage $ + O B Premium *( TCR Underlying (- % Transaction Cost) *- , TCR /*#O# , A( Underlying #H /*# 'B

, ThaiBMA offered registration fee discount to those businesses issuing bonds within this year.Vorapol Socatiyanurak, SEC Secretary-General, said that the SEC in collaboration with ThaiBMA launched a project

, the Company partnered with Amazon Café to offer discount 20 baht for all coffee menus and launched campaign “AEON Shop More Get More” to offer “Cash Back” up to 30,500 baht for AEON JCB cardholders who

subscribers. However, the scale of overall subsidized campaigns has been controlled. Pricing environment has been stable and slightly improved on the high-end segment after a raise in minimum ARPU of unlimited

re-contract customers with steep discount. Integrated players continued to attract customers with bundling plans (home broadband, mobile and contents) aiming to realize customer value in the long term

. Deep discount of up to 50% was used across the industry to attract customers to switch, resulting in declining industry’s ARPU. Convergence packages, combining fixed broadband, mobile data SIM, and

Authority the (“PWA”) – the Company’s major shareholder. 3. General characteristics of the transaction. The PWA requested that the Company provide a 30% discount to the water tariff for the Koh Samui Branch

subscriber growth of 10-12%YoY. However, competition was intense throughout the year as operators continued to offer discount and low-price plan causing ARPU to drop to Bt476 from Bt533 in 4Q19. 3 FY20 MD&A