2019 to 17.4% in 2020. Finance Expenses In the 1st quarter of 2019 and 2020, finance expenses increased from THB 3.5 Mn to THB 10.9 Mn respectively, an increase of THB 7.4 Mn or 298.4%. This was due to

of Profit from Investments in Associates and Joint Ventures 465.6 752.7 -38.1% 326.9 1,091.9 -70.1% Finance Costs (113.5) (84.1) 35.0% (218.6) (161.0) 35.8% Income Tax (Expense) 29.9 (11.0) -371.6

against USD. In general, AIS has policy to mitigate currency risk using forward contract to partially cover capex payable. Finance cost was Bt1,386mn, decreasing -11%YoY due to lower interest rate and

general, AIS has policy to mitigate currency risk using forward contract to partially cover capex payable. Finance cost was Bt1,460mn, decreasing -5.5%YoY due to lower interest rate while increasing 5.4%QoQ

) (32) 3% (74) (65) (12%) Finance Cost (2) (2) 0% (5) (5) 0% Profit(Loss) before Income Tax Expenses (5) (9) 80% 11 4 (64%) Tax Expenses 2 2 0% (1) 0 (100%) Net Profit(Loss) for the Company (3) (7) (133

loss was incurred from THB depreciation against USD. In general, AIS has policy to mitigate currency risk using forward contract to partially cover capex payable Finance cost was Bt1,414mn, decreasing

) (30) (14%) (109) (95) (13%) Finance Cost (2) (3) 50% (7) (8) 14% Profit(Loss) before Income Tax Expenses 33 (17) (152%) 44 (13) (130%) Tax Expenses (5) 4 (180%) (6) 4 (167%) Net Profit(Loss) for the

) (135) (9%) Finance Cost (3) (2) (33%) (10) (11) 10% Profit (Loss) before Income Tax Expenses 20 16 (20%) 64 4 (94%) Tax Expenses (3) (3) 0% (9) 0 (100%) Net Profit (Loss) for the Company 17 13 (24%) 55 4

instruments where applicable. Finance cost was Bt1,320mn, decreasing -4.8% YoY and -3.4% QoQ from lower interest-bearing debt. The average cost of borrowing remained stable at 2.6% per year. Profit In 1Q22

2 3 50% Selling and Distribution Expenses (57) (62) 9% Administrative Expenses (33) (40) 21% Finance Cost (3) (2) (33%) Profit (Loss) before Income Tax Expenses 14 19 36% Tax Expenses (2) (4) 100% Net