Shareholders’ equity Total revenues Total expenses Net profit Net debt to EBITDA ratio Interest coverage ratio (ICR) 2 Debt service coverage ratio (DSCR)2 Debt to equity ratio Current ratio B/E size to interest

253,057,075 and total liabilities in the amount of THB 1,214,696,854 and the debt to equity ratio according to the consolidated financial statement of the Company at approximately 5.3, comparing with the

for consideration of approval as follows:   (1) A waiver in the case where the bond issuer is unable to maintain an interest bearing debt to equity ratio not exceeding 3:1, as reflected in the

Re: Reporting of Information Disclosure of Debt Securities Issuers After Offer for Sale of Debt Securities (Codified)

(current ratio) (เท่า) ความสามารถในการชำระดอกเบี้ย (interest coverage ratio : ICR) (เท่า) หนี้สินที่มีภาระดอกเบี้ยต่อกำไรก่อนดอกเบี้ยจ่าย ภาษีเงินได้ ค่าเสื่อมราคาและ ค่าตัดจำหน่าย (interest bearing debt to

42,155 12% 33,762 9.5% Current Ratio (times) 0.4 0.5 0.4 Spectrum license 110,219 31% 134,802 38% Interest Coverage (times) 13.4 16 16 Network and PPE 122,518 35% 116,704 33% Debt Service Coverage Ratio

, showing strong liquidity position and financial stability. Debt to equity ratio was at 0.4 times. 2,819 3,149 1,965 99 (1,734) Beginning cash and cash equivalents (31 Dec 2019) Net cash from operating

ก่อนดอกเบีย้จ่าย ภาษีเงินได้ ค่าเสื่อมราคาและค่าตัดจ าหน่าย (interest bearing debt to EBITDA ratio) (เท่า)* N/A ความสามารถในการช าระภาระผูกพัน (debt service coverage ratio : DSCR)2 (เท่า)* N/A หนีส้ินรวม

Description Unit 2017 2016 2015 1. Liquidity ratio Time 7.59 8.29 1.58 2. Liquidity quick ratio Time 3.13 4.36 0.50 3. Average debt collection time Day 69 57 40 4. Average debt repayment time Day 71 64 63 5

Position Post-TFRS 9&16 Key Financial Ratio Post-TFRS 9&16 (Bt mn/% to total asset) 4Q19 3Q20 3Q19 2Q20 3Q20 Cash 19,637 6.8% 16,634 4.7% Interest-bearing debt to equity (times) 1.6 1.3 1.6 ST investment