conversion to underlying shares of convertible bonds, shall be submitted in accordance with rules, conditions and procedures as provided on the website of the SEC Office within 15 days as from the last date of

ถูกต้องตรงกันและนำเสนอข้อมูลในรูปแบบเดียวกันกับร่างหนังสือชี้ชวนตามข้อ 6 ข้อ 81ꃂ 숀 ให้ผู้เสนอขายหน่วยทรัสต์รายงานผลการขายหน่วยทรัสต์ตามแบบ 81-REIT หรือแบบ 81-REIT (Conversion

Discussion & Analysis Q4/2021 Operating Highlights in Q4/2021 Q4/20 Q4/21 Change +/(-) 2020 2021 Change +/(-) (THB million) %YoY %YoY Operating Revenue 207 188 (9%) 768 620 (19%) Gross Profit 127 112 (12%) 468

days 69 72 63 Cash Conversion Cycle days 81 75 66 Finanial data and profitability ratios Sales revenues million baht 49,269 46,887 46,938 %change (%) 5.1% (0.11%) 6.51% Gross profit million baht 12,547

margin (excluding depreciation) in year 2018 was achieved at THB 886/ton, lower by 58% from last year due to the increase in the cash conversion cost which has increased by 18% from the last year which are

trend. - HRC cash margin (excluding depreciation) in year 2018 was achieved at THB 886/ton, lower by 58% from last year due to the increase in the cash conversion cost which has increased by 18% from the

million or 23.3%. The amount of which contributed from both domestic and export at the ratio of 46:54 respectively change from the proportion of 62:38 of the corresponding period last year on the back of

conversion cost which has increased by 316% from the same quarter of last year which are mainly caused by the increasing price of graphite electrode and higher repair and maintenance cost and the proportionate

4G demand and prepaid-to-postpaid conversion, while prepaid segment saw a slower pace of decline. 4G penetration rose to 54% from 39% in 2Q17, which has driven data volume of usage (VOU) to currently

brighter due to the recovery of energy drink market and change in the Group sales strategy. 2 Gross profits and gross profits margin Gross profits amounted to THB 1,156 million, rose by THB 31 million or 2.8