% ARPU (Baht/user/month) 432 407 414 -4.1% 1.8% Classification: Internal 2Q23 MD&A Advanced Info Service Plc. 3 2Q23 Financial Summary Revenue In 2Q23, AIS recorded a total revenue of Bt44,774mn

Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the

revenue from financial statement as of May 31st 2019 in the amount of Baht 106.33 million is revenue from debt exemption which is the agreement of old shareholders. The requirement prior to the investment

Parent - Restated 6,038.55 Management Discussion and Analysis For the Year Ended December 31, 2018 Page 7 2. Operation Performance According to Consolidated Financial Statement Unit : Million Baht Revenue

1.06 6.22% Net Profit Margin to Total Revenue (percent) 2.02 1.63 From consolidated financial statements, Profit (Owners of the parent) for the period of 9 months of the year 2019 was Baht 21.26 milllion

3,622 million. As well as the increase in revenue from financial lease agreement of GPSC and GLOW by Baht 89 million. However, the revenue from Sriracha Power Plant has fallen according to the decrease in

Thailand According to the resolution of the Board of Directors Meeting of JAS Asset Public Company Limited ("the Company") No. 1/2020, held on 25 February 2020, had approved the audited financial statements

the decrease in commission cost and expenses related to unit transferred which in line with the decrease in revenue from transferred.   Financial Cost   Most of financial cost resulted from loan

year operation : The 1st year revenue (“Total Revenue”) in the financial valuation consist of: (1) Revenue generated from Self-operate Restaurants of 11 branches totaling THB 44 Million per year, based

by SREIT, the Company’s wholly owned subsidiary and REIT manager of SPRIME. Net proceed was recorded as unearned revenue in the Company’s consolidated financial statement and would be recognized as