calculated from cash flows from operating add back cash paid on interest and cash paid on income tax and further divided by cash paid on interest. 7 Debt service coverage ratio (Cash Basis) is calculated from

No. ADD 31/2022 8 November 2022 Subject: Management discussion and analysis for the performance for the nine-month period ended 30 September 2022 To: President The Stock Exchange of Thailand AddTech

95k net add and reached total subscribers of 1.4mn. Although price competition has been eased as the starting package prices was uplifted from Bt299 to Bt399, ARPU remained on declining trend

quarter of 2018 continued to grow year-on-year on the back of buoyant domestic demand. Private consumption continued to gain traction, supported by improvement in income and employment. Furthermore, there

quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist

contract was due. 3) Considering more credit tightly and following up on debts closely, this is to prevent incurring bad debts that may be occurred in the near future. 4) Taking care our employees, the Group

previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the

: 1. Information Memorandum on the Asset Acquisition (Addendum 1) regarding acquisition of shares of S-TREK (Thailand) Co., Ltd. in the proportion of 51 percent 2. Capital Increase Form (F53-4) 3

) other operating income 6 Interest coverage ratio is calculated from cash flows from operating add back cash paid on interest and cash paid on income tax and further divided by cash paid on interest 7 Debt

rate from 0.75 to 0.50 percent at its meeting on May 20, 2020 (previous cuts were made on February 5 and at an emergency meeting on March 20. The global economy has been impacted by the Covid-19 pandemic