Discussion and Analysis for 1st quarter ended as of March 31, 2019 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement for

the record of dividend income from CK Power Public Company Limited (CKP) in the income statement after the reclassification of investment in the third quarter of the year 2018. However, gains on sale of

due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 609.48 million Baht, increased by 28.85 million Baht or 4.97%. Income statement

its subsidiaries under the caption of “Assets held for sale” and “Liabilities directly associated with assets held for sale” in the statement of financial position as at 30 June 2019. The operating

. Current investment decreased by THB 1,469 million due to the shift from short-term to long-term investments (see more details in notes to financial statement 4 Other investments). Net PPE increased by THB

still continuously growing up. 4. Financial position Statement of Financial Position – Consolidated (Million Baht) As at Increase (Decrease) % June 30, 2018 December 31, 2017 Asset 1,016.09 954.82 61.27

annualized projected annual net profit of 36.05 percent and there was a decrease in total assets of 3.12 percent from the previous year. (2.5) Financial Position Description Statement of Financial Position

LINE Pay (RLP), repaid Bt7,058mn of borrowings and paid Bt10,614mn as dividends for 2H17 performance. As a result, outstanding cash was Bt7,555mn. 4 2Q18 MD&A Advanced Info Service Plc. Income statement

) Financial Position Description Statement of Financial Position Increase / (Decrease) As at June 30, 2018 As at December 31, 2017 Million Baht Million Baht Million Baht % Total Assets 3,101.04 3,017.15 83.89

P a g e | 9 Statement of Financial Position Unit: THB mn 30-Jun-18 % to total assets 31-Dec-17 % to total assets Chg Cash and cash equivalents 576 5.7% 1,021 10.2% -43.6% Short-term investments 456