-19 pandemic, the Company has been more cautious in managing the investment portfolio to mitigate risk exposures, which may result in lower-than-expected investment return. Our subsidiaries have

inflationary situation of the country's economy, causing the consumer purchasing power to decrease, together with the concerns of users about future inflation. As a result, users were more cautious in their

average user spending on digital content services as Thailand's sluggish economy has mainly reduced consumer purchasing power causing service users to become more cautious about their spending. In addition

quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism

economy demonstrated cautious growth driven by tourism-related sector expansion and subsided inflation, while facing political uncertainties and global economic risks. AIS core service revenue reported at

demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS

Commission becomes effective: (i) CSL and CSL’s subsidiaries shall be run in a prudent manner, where actions, arrangements and decisions made shall always be in the best interest of CSL as a whole, and CSL and

announced our joint support for chemical recycling of PET waste in the Netherlands which is expected in 4Q19. Stronger Balance Sheet with Prudent Growth  IVL business model has evolved over the years with

expenses associated with GLAND’s operations since the acquisition in 3Q18 onwards. Nonetheless, CPN demonstrated prudent cost control measures and closely monitors the expenditure level to match revenue

to temporary close shopping malls as well as a decrease in rental expense incurred to CPNREIT for the sublet of Hilton Pattaya. CPN demonstrated prudent cost control measures to be in-line with a