-7.09% Administrative expenses (7.84) (9.11) (1.26) 16.11% Other expenses 0.07 (1.15) (1.22) -1695.70% Profit from operating activities 25.01 2.62 (22.39) -89.52% Share of gain (loss) on investments in

July 2018 with a gain from business combination of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. BGRIM started to consolidate BGYSP’s financial statement in

) -6.7% Profit attributable to Owners of the Parent 424.2 716.2 -40.8% Foreign Exchange Gain (Loss) 94.6 250.6 -62.2% Adjustments of Revenue Levelization (TFRS 15)5 (64.6) 0.0 N/A Normalized Profit

profit in 2Q20 totaled Bt129.7 million (excluding a gain on foreign currency exchange rate and an impairment loss), representing a decline of 62.6% Q-o-Q and 38.4% Y-o-Y. The substantial decrease in

service use unit of production method, however, the company still could generate the Cash Margin Net gain on foreign exchange rate Consolidated net gain on foreign exchange amounted to Baht 584 million. The

48,776 Issued and paid-up share capital 34,251 34,251 Warrants 14 14 Additional (Discount) paid in capital: - - Share discount (10,163) (10,163) Premium on capital reduction 206 206 Retained earnings

% QoQ benefited from a better operating performance, fully depreciated 3G assets, and one-time gain recognized in this quarter. 3Q23 MD&A Advanced Info Service Plc. 2 3Q23 Operational Summary 3Q23

–2022, it found that the decrease rate in profit decreased by 41.8%, which is greater than the decrease in revenue, which equals to 7.3%. This is because in Q1–2022, there is the gain on sale of

attributable to Owners of the Parent 43.5 424.2 -89.8% Foreign Exchange Loss / (Gain) 5 143.2 (94.6) -251.3% Income Tax Related to FX Gain6 35.2 0.0 N/A One-time Accounting Adjustment7 0.0 (59.8) -100.0% Impact

: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018