Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 30 June 2018 As the Golden Lime Public Company Limited (“the Company”) has submitted the Review report on the Consolidated

pursuant to each calculation method prescribed under the Acquisition and Disposal Notifications and based on the audited consolidated financial statements of the Company for the year ended 31 December 2019

calculation method prescribed under the Acquisition and Disposal Notifications and based on the audited consolidated financial statements of the Company for the year ended 31 December 2019 and the audited

Total 20,602 6 1Q18 MD&A Advanced Info Service Plc. 2018 MANAGEMENT OUTLOOK & STRATEGY Service revenue (excluding IC) • +7-8%YoY (2% of which comes from CSL) Handset sales Consolidated EBITDA margin

(maintained) All guidance is based on Pre-TFRS 15 Core service revenue  Mid-single digit growth Consolidated EBITDA margin  Stable from last year Budgeted CAPEX  Bt20-25bn Dividend policy  Minimum 70% of

) SIM & Device sale Decline and make near-zero margin Consolidated EBITDA margin (excluding equipment rental) 45-47% Cash CAPEX Approximately Bt25bn Dividend policy Minimum 70% of net profit Core service

: Stable S&P BBB+, Outlook: Stable 6 FY18 MD&A Advanced Info Service Plc. 2019 MANAGEMENT OUTLOOK & STRATEGY Core service revenue  Mid-single digit growth (Pre TFRS 15) Consolidated EBITDA margin  Stable

settlement value of the transaction was at 28,371 million Baht. The consolidation of financial statements starts on 16 November 2023 onwards. 4Q23 & FY23 MD&A Advanced Info Service Plc. 6 Consolidated Profit

and consolidated of TTTBB liabilities. AIS maintained debt repayment capability with interest coverage ratio of 11.9x and Debt service coverage ratio of 1.6x, indicating strong EBITDA generation

for the year 2018 ended December 31, 2018. The Company has operating results of the Company and subsidiaries had a net loss of consolidated amount of 85.95 million baht when comparison with the same