1 Ref: AC.017/2018 14 May 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

case an intermediary being [i] financial institution which is regulated by the Bank of Thailand or the Office of Insurance Commission or [ii] state enterprise under Ministry of Finance’s purview has

January 2016. Clause 4 In case an intermediary being [i] financial institution which is regulated by the Bank of Thailand or the Office of Insurance Commission or [ii] state enterprise under Ministry of

comes into force, the intermediary shall appoint the independent director as prescribed in the first paragraph of Clause 2 within 1 January 2016. Clause 4 In case an intermediary being [i] financial

four state-owned financial institutes, namely, Krungthai Bank (KTB), Government Saving Bank (GSB), Small and Medium Enterprise Development Bank of Thailand (SME D Bank), and Export-Import Bank of

the benefit of Community Enterprise Bannangsata. 4.6 Past Performance Statements of financial position 31 Dec 16 31 Dec 17 31 Dec 18 31 May 19 Million Baht percent Million Baht percent Million Baht

amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 99.44 million recorded into the consolidated financial statements in 2018. 1.2

the amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 99.44 million recorded into the consolidated financial statements in 2018

the amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 94.44 million recorded into the consolidated financial statements in 2018

comprised of enterprise business, grew 8. 8% YoY driven by improving sales in both telecom and ICT services as well as CSL’s revenue consolidated since Feb-18. Network OPEX excluding cost of TOT partnership