ADVANC MD&A - EN 2Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Maintain core business growth with the consistently increasing demand for connectivity 2Q24, the Thai economy showed cautious

temporarily in Q1-2/2019. The Automotive industry also slowed down. However, we have seen recovery signal for the HDD industry in the country in Q3/2019, so the Company had received increasing purchase orders

, from 3Q18 onward AIS along with other operators have rebalanced pricing structure to ease impact on ARPU. As a result, AIS’ s mobile revenue for FY18 was Bt124,601mn, softly growing 1. 3% YoY. While 4G

last year. The increase was due to larger service volume from the clients from the commercial and film production segments. The rental and location service just launched operation during the quarter and

of shop expansion, marketing and development of the new international business of automotive part and accessories and increasing of both domestic and international sales promotion and marketing

has net loss. In addition, the agreement should prescribe key indicator on AM performance, i.e., a minimum amount of increasing sales or decreasing cost, to provide a clearer picture for decision making

2018 4Q19 Snapshot In 4Q19, total revenue was Bt49,464mn, increasing 11% YoY and 8.8% QoQ, mainly driven by device sales. SIM & device sales were Bt10,449mn, rising 36% YoY and 85% QoQ due to newly

. Mobile revenue increasing 4.6% YoY with the ARPU recovery fueled by personalized packages and higher data consumption, alongside rising tourist arrivals. Fixed broadband grew 154% YoY through TTTBB

discontinued while overall data price gradually uplifted. As a result, AIS’s mobile revenue had a strong improvement, growing 5.3% YoY and 4.3% QoQ driven by ARPU increase. The average data usage, currently at

current assets were Bt34,841mn rising 9.2% YoY from account receivables, following a larger base of postpaid customers, and handset inventories. Total non- current assets were Bt249,226mn increasing 2.2