on Equity 36% 34% 32% Intangible asset 10,864 3.0% 11,588 3.3% Figures from P&L are annualized YTD. Defer tax asset 4,236 1.2% 4,246 1.2% Debt Repayment Schedule License payment schedule Others 5,363

65% 55% 53% Network and PPE 130,212 45% 127,833 43% Figures from P&L are annualized YTD. Intangible asset 5,092 1.8% 5,116 1.7% Defer tax asset 3,210 1.1% 2,871 1.0% Debt Repayment Schedule License

% Return on Equity 65% 66% 55% Network and PPE 132,579 47% 130,212 45% Figures from P&L are annualized YTD. Intangible asset 4,499 1.6% 5,092 1.8% Defer tax asset 2,562 0.9% 3,210 1.1% Debt Repayment

% 8,487 2.3% Figures from P&L are annualized YTD. Defer tax asset 4,120 1.2% 4,136 1.1% Debt Repayment Schedule License payment schedule Others 5,312 1.5% 5,264 1.4% Bt mn Debenture Loan 1800MHz 900MHz

% Return on Equity 76% 64% 66% Network and PPE 132,579 47% 130,821 45% Figures from P&L are annualized YTD. Intangible asset 4,499 1.6% 5,011 1.7% Defer tax asset 2,562 0.9% 2,799 1.0% Debt Repayment

disclosed to the SET. Enclosure Page 5 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and requires cash flow for debt

requires cash flow for debt repayment and for business operation, because the Company, in the past, has continuous loss in operating results. Thus, the Company considers the business restructuring of the

1.5% Figures from P&L are annualized YTD. Defer tax asset 3,491 1.2% 3,828 1.1% Debt Repayment Schedule License payment schedule Others 4,984 1.7% 5,316 1.5% Bt mn Debenture Loan 1800MHz 900MHz 2600MHz

cash flow for debt repayment and business operation, as the Company has continuous Enclosure Page 4 loss. Thus, the Company considers the business restructure of the Company’s group, whereby the Company

Current Ratio (times) 0.5 0.4 0.4 Interest Coverage (times) 15.9 16.0 15.7 Debt Service Coverage Ratio (times) 4.9 4.6 3.2 Return on Equity 36% 32% 32% Figures from P&L are annualized YTD. Debt Repayment