at BBB+ for S&P. Cash Flow In 2018, AIS generated Bt69,132mn of operating cash flow (after tax) increasing 5.5% YoY following the improved EBITDA. Cash CAPEX was Bt20,198mn, largely declining from

liability of Bt88,108mn lined up toward 2020, net debt to EBITDA remained at 1.4x with average cost of debt at 3% p.a. Cash Flow In 9M17, AIS generated operating cash flow (after tax) of Bt46,762mn, which

operating cash flow after tax of Bt48,882mn, increasing 4. 5% YoY following improved EBITDA. Total cash CAPEX was Bt16,513mn, accounted for 17% of core service revenue. AIS also paid license fee to the NBTC

Q4 which created a decline in mobile service revenue in this quarter. Following the EBITDA movement, AIS reported a net profit of Bt6,757mn, improved 7.1% YoY from better operating performance, lower

operating performance despite higher finance cost and FX loss. 1Q24 MD&A Advanced Info Service Plc. 2 1Q24 Operational Summary Mobile Business: In 1Q24, mobile subscribers totaled 45 million, with a net

% 9.6% Non-controlling interest 0.2 (1.4) (11) -6316% 685% Net profit for the period 7,693 7,701 8,037 4.5% 4.4% EBITDA (Bt mn) 1Q17 4Q17 1Q18 %YoY %QoQ Operating Profit 10,327 10,315 10,879 5.3% 5.5

esthetics. 2. Overview of operating results in the Quarter 2’2019. Continued from the first Quarter of 2019 until second Quarter, the world economic still be tense from political crisis in many country and

to generate solid operating cash flow (after tax) of Bt20,764mn, while total investing cash flow was Bt14,110mn for network investment and payment for spectrum license including 700MHz and 26GHz

reported Bt78,670mn increasing 3.9% from higher retained earnings. Cash flow For 1H21, AIS generated operating cash flow (after tax) of Bt41,269mn, decreasing 2.5% YoY. For investing activities, Cash CAPEX

medical service concerning health and esthetics. 2. Overview of operating results in 3 quarters of 2019. Continued from the first Quarter of 2019 until third Quarter, the world economic still be tense from