ADVANC-MDA-1Q24-EN 1Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Revenue base expansion from core business growth and acquisition of TTTBB 1Q24, Thai consumer confidence slightly improved

SECURITIES AND EXCHANGE COMMISSION TranslatED Version codified up to No.15 as of April 8, 2015 Readers should be aware that only the original Thai text has legal force and that this English

SECURITIES AND EXCHANGE COMMISSION TRANSLATED VERSION codified up to No.15 as of April 8, 2015 Readers should be aware that only the original Thai text has legal force and that this English

TRANSLATED VERSION codified up to No.15 as of April 8, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

Announcement of RML big lot of 250mn shares, selling from Thai Prosperity Fund, the 2nd largest shareholder, to Country Group Holding Plc. at average price of THB 1.10. The changes of the shareholders did not

exemption shall apply as from the effective date of the Notification until 31 May 2020. In any case, the objective of such debt issuance must be fundraising for a project related to environmental protection

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary

0.33 Million Baht or 93.86% decrease from the same period last year. This was the result of received from associated companies is Thai Takaya Co.,Ltd. 0.30 Million Baht. 4. Gain on sales of assets 1.74

.2019 cost in an amount of 10.15 million Baht together with the continuous appreciation of the Thai baht and intense competition. Debt to Equity Ratio In 2019, the Company had a ratio of debt to equity

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the