Baht 5.79 million 11.25 2. The operation results (from the consolidated finance statements) Item Third quarter of 2019 Third quarter of 2018 Profit (Loss) for three months attributable to equity holders

reviewed the 1 st quarter financial statements as of May 31, 2017 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The Company has net profit attributed to owners of the parent

% Bio-Based Products Business4/ 339 510 -34% 136 150% 848 330 157% Natural Resources Business5/ 60 (1,227) 105% 145 -59% (1,166) 122 N/A Others (71) (90) 22% (94) 25% (161) (170) 5% Profit attributable to

”). The highest value when calculated based on the net profit test from operation which equals 4.39%, based on the 2017 consolidated financial statements of the Company as of 31 December 2017. This

46.2%. Following improved EBITDA, AIS reported a net profit of Bt8,037mn, +4.5% YoY and +4.4% QoQ. Secure competitive spectrum position AIS has officially signed the roaming and equipment rental

profits amounted to THB 1,131 million, up by THB 270 million or 31.4%, and represented gross profit margin of 32.3%, down from 37.2% posted during the corresponding period last year. This comprised of gross

Bt309mn (see significant event). As a result, net profit was Bt7,469mn, +14% YoY and +3.5% QoQ. Significant Events 1. On 2 nd October 2017, AIS submitted an intention to acquire the entire stake, upon

2,839.1 67.0 Total Operating Expenses 6,532.6 3,887.7 2,644.9 68.0 Profit (Loss) 392.1 236.8 155.3 65.6 For the Company’s performance in 2019, the Company had achieved the highest total revenue since the

Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 1 Executive Summary In 1Q19, the Company reported net profit of THB 1 million, a decrease of 99.6% from the same period last year

= NTA of investment in the Company x The disposition proportion x 100 NTA of the Company = (14.96 X 99.99996%) X 100 191.61 = 7.81% (2) Net Profit from Core Business after tax Transaction size = Net