growth is lower than initially anticipated. The mobile industry has gained momentum aligned with increased private consumption and the resurgence of tourist-related activities. Amid an evolving competitive

-sell and upsell services, and gains in the tourist-related segment. The positive subscriber additions gained from both domestic and international segments. AIS focuses on growing its mobile business by

-sell and upsell services, and gains in the tourist-related segment. The positive subscriber additions gained from both domestic and international segments. AIS focuses on growing its mobile business by

of Baht 88 million. However, the company gained dividend income from affiliates of Baht 696 million and net cash flow from other investing activities of Baht 72 million. • Net cash used in financing

the land with notice of offer to purchase is to use the money gained from the sale to invest in building a new corporate office building on another plot of land totaling an area of 5- 0-22.6 rais

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained

of Baht 88 million. However, the company gained dividend income from affiliates of Baht 696 million and net cash flow from other investing activities of Baht 72 million. • Net cash used in financing

transaction gained or paid x 100 Total asset of listed company = 411.79 x 100 712.99 = 57.76% Transaction’s size based on total value of considerationis57.76 % Transaction’s size based onvalue of equity shares

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction

21.7 percent. A largely decrease was mainly from gain on sales of investments in marketable securities which dropped by 1,353.4 million baht or 77.9 percent. However, the Company has gained on foreign