426 76% EBITDA 24 81 238% 114 223 96% Net Profit (Loss) for the Company (13) 34 362% (9) 82 1,011% Gross Profit Margin (%) 52.2% 64.6% 12.5% 56.1% 63.2% 7.1% EBITDA Margin1 (%) 20.7% 32.8% 12.1% 26.2

Management Discussion and Analysis For the 2nd Quarter 2023 ended August 31, 2023 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

in 1Q18. First was the acquisition of CS Loxinfo (CSL), totaling Bt3.4bn, which will provide synergy for AIS to strongly penetrate the enterprise market. Second was the investment in the Rabbit- LINE

from 44.2% in 1H17, and in line with the FY18 guidance of 45-47%. Net profit was Bt16,042mn, increasing 7.6% YoY following EBITDA improvement. 3 2Q18 MD&A Advanced Info Service Plc. 2Q18 Financial

9M21, AIS’ performance was in-line with the guidance, delivering a flat core service revenue due to on-going impact of the pandemic while reported slightly increase in EBITDA (+2% YoY). FY21 guidance is

. As at March 31, 2019, the consolidated current ratio was 2.06 times, the net debt to equity ratio was low at 0.26 time. The Company and its subsidiaries still had available credit line of the revolving

Management Discussion and Analysis For the 3rd Quarter 2023 ended November 30, 2023 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s

company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and

approve the amendment of Clause 4 of the Memorandum of Association of the Company to be in line with the increase of the Company’s registered capital. Agenda 4 To consider and approve the allocation of