E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019

increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the

of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened

shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but

Page 4/20 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused

20230208-ADVANC-MDA-4Q22-EN Classification: Internal FY22 MD&A Advanced Info Service Plc. 1 Executive Summary Maintaining growth in core products amid cautious economic recovery 2022 displayed an

productivity aim in mind. Enterprise services maintained the growth amidst economic headwinds Non-mobile enterprise business reported a revenue of Bt1,524mn, growing 14% YoY mainly from TTTBB enterprise revenue

productivity aim in mind. Enterprise services maintained the growth amidst economic headwinds Non-mobile enterprise business reported a revenue of Bt1,680mn, growing 25% YoY mainly from TTTBB enterprise revenue

management costs over the long-term, which will in turn help reduce costs within the economic system. Within this context, KBank and K Companies accentuate enhancement of our business capabilities to achieve

demand from trading partners and related supply chain disruptions. Domestic demand was affected by measures to reduce economic activities in an attempt to contain the spread of the Covid-19 as well as the