) COMPANY LIMITED New LEVEL 21/1 SATHORN CITY TOWER,175 SOUTH SATHORN ROAD, THUNG MAHA MEK, SATHON, BANGKOK 10120, THAILAND Telephone : +66 2679 5400 Fax : +66 2679 5008,+66 2679 5500 Email : apichart
discipline since 3Q22 by removing the freebies in the entry- level package while taking cautious steps to uplift the ARPU. However, the fragile cost-concern environment, especially for price-sensitive segments
keeping the capital costs at an appropriate level and strive to maintain the financial ratio that are keys to credit rating consideration such as Net Debt to EBITDA. However, there is no debt covenant that
capability to cover debt obligations. The company places an importance to maintain its credit rating to ensures the funding costs are optimal at an appropriate level at BBB+ rating by S&P Global. AIS is
the Board of Directors and/or the Executive Committee and/or Managing Director which in the level of Senior Executive Vice President up shall be authorized to perform various tasks related to the
subsidiary of the Company. Nation U Co., Ltd. (NU) Owner and operator of Nation University, which running the Education Business Unit, offers Bachelor’s Level and Master’s Level at Nation Bangna Campus and
account of nature, scale, quantity, complexity and diversity of businesses and services, as well as acceptable level of risks relevant to such businesses and services. 2 In case where any material change is