as to support more efficient investment in 4G. Investment in the new 2600MHz is commencing this year to support both 4G and 5G with approx. budget of Bt35-40bn targeting dense areas where 4G demand is

increase in Ft rate. Q3/2018 Financial and Operating Highlights * ไม่รวมต้นทุนค่าเสื่อมราคาและค่าตัดจ าหน่าย Operating highlight in Q3/2018 Q3/17 Q2/18 Q3/18 Change +/(-) 9M/17 9M/18 Change +/(-) (THB

. Corporate social responsibility 11. Internal control and risk management 12. Related transactions Part 3: Financial Position and Operating Results 13. Significant financial information 14. Management

55.33 (43.10) (43.79%) Gross profit 559.94 488.25 (71.68) (12.80%) Other income 20.48 9.54 (10.94) (53.41%) Selling and administrative expenses 96.21 93.90 (2.31) (2.40%) Operating profit 484.21 403.89

Operating Results and Financial Position of the Company and its subsidiary 1.1 Analysis of Overall Operating Results for the Company and its subsidiary for the three-month period ended March 31, 2019 Table 1

(2) Calculated based on total revenue from sales and service per total operating days of the same branch In the 3rd quarter of 2018 and 2019, the Group’s other income increased from THB 5.7 Mn to THB

-1- AIT (VP-SEC) 016E/2021 August 10, 2021 Subject: Management's Discussion and Analysis of Operating Results for Q2-2021 To: The President of the Stock Exchange of Thailand Summary of Operations Q2

support and several kinds of loan package, reduced electricity and water tariffs, and put in place a debt moratorium for citizens and businesses. The Cabinet of Ministers issued an emergency decree

-9.6% Administrative expenses 341.9 12.5% 435.6 16.3% 93.7 27.4% Total Expenses 564.3 20.6% 636.7 23.9% 72.4 12.8% Operating Profit 344.5 12.6% 352.6 13.2% 8.0 2.3% Finance Cost 120.1 4.4% 150.3 5.6

shopping mall business, which is CPN’s core business, continues to perform strongly, especially on a same-store basis that continues to grow in terms of revenue and operating profit, which is in-line with