million, specifically for 2 customers of the Company’s subsidiary due to the uncertainty of debt collective. (3) Advance payment for purchased program rights increase THB 330.67 million or 321.35% because

public consumption and private investment were constantly expanding. However, Thai economy still faces other risk such as The U.S.-China trade war, global economic uncertainty and domestic political

MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty.  Consolidated revenue decreased by 25.9% YoY to THB 512mn o

slowed down. In addition, Thai economy still faces external risk such as trade war between US and China and global economic uncertainty. As of August 31, 2019, the Company’s total cards reached 8.75

experienced moderate growth amid global economic uncertainty, driven by the expansion of private consumption and tourism sectors, while the purchasing power of the grassroots consumer remained challenging. AIS

was expected to expand at a slower pace compared with the same period last year due to a contraction in merchandise exports and a slowdown in tourism growth resulting from uncertainty about the trade

approved interim dividend payment of THB 0.80 per share to be paid from the 2019 net profit, which is lowered from THB 1.30 as announced on February 20, 2020. Whilst there is much uncertainty from the COVID

economic uncertainty caused by the trade war between US and China, the conflicts in the Middle East and the unpredictability of the political situation in Europe. These factors have impacted to Thailand

tourist and uncertainty in political situation . • Mobile business pressured by weak consumption: We are expecting mobile revenue to be under pressure from weak private consumption and hence continued low

uncertainty regarding future revenue recognition 11. Opinion of the Audit Committee and/or the Directors which are different from the opinion of the Board according to item 10 Audit Committee and/or the all