business but Travelling business also have trend to growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial Institutions Policy Committee announce

19.56 percent of the total assets with 87.38 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful debts which is based on the

(revised from Bt35-38bn) Dividend policy • Minimum 70% of net profit (maintained) Core service revenue to grow 5-7% in 2018 amid competitive outlook In 1H18, AIS reported core service revenue (or service

at June 30, 2018 account for 19.90 percent of the total assets with 84.83 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful

significantly impact on the Company's performance that is the risk of fluctuation in CPO price; mostly caused by the intervention of the government to determine the CPO pricing policy, economic change, climate

3 1.5 Changes in Accounting Policy On January 1, 2018, the Company had applied accounting policy for derivative financial instruments and hedge accounting. The changes have been applied

) 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

Company's performance that is the risk of fluctuation in CPO price; mostly caused by the intervention of the government to determine the CPO pricing policy, economic change, climate change, and demand and

Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 201# Page 1 (Translation) 1. Significant events of the , rd quar ter of 2018 1.1 Changes in Accounting Policy On January 1

from last year Budgeted CAPEX  Bt20-25bn Dividend policy  Minimum 70% of net profit Core service revenue is expected to grow mid-single digit In 2019, AIS strives to continue strengthening core mobile