ordinary shares in Nam San 3A is equivalent to USD 174. 04 million ( or approximately THB 5,315.18 million2). Nam San 3A has no outstanding debt. 1.7. Expected Benefits to the Company and Shareholders 1.7.1

customers through our partnership strategy. This includes content collaborations with Disney+ Hotstar, BBC, and Thai League. Expected mid-single digit growth in FY22 In summary, AIS generated Bt130,972mn of

remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18

reductions. Moreover, attractive development opportunities are expected thanks to MACO’s and PlanB’s high-visibility billboards as well as the well-diversified media contents owned by PlanB, which will enable

Association Thailand (“DAAT”) revised up the advertising expenditures to THB 12,000mn, or an expected growth of 29% in 2017 (prior forecast: 24% growth in 2017), mainly driven by the acceleration of internet

merchandise exports, resulting in an expected economic growth at the rate 4.0% which is higher than the previous forecast of 3.5%. Economic outlook for 2017 Thai economy is expected to grow at rate 4.2

revenue from sales of products and services has increased from the previous year in the amount Baht 197.45 million, and expected in 2019 from the exist government's policy and the election that will take on

) & OCCUPANCY RATE TST TOWER & 33 GRACECHURCH FULLY OCCUPIED Renovation of Underwood Street office building continues and is expected to complete within 2018. Occupancy metrics will thus exclude Underwood Street

digit driven by all business segments. EBITDA margin is expected to be stable while budgeted for CAPEX of Bt20-25bn (see guidance on page 6). Significant Event for FY19 Since 1 January 2019, AIS has

policy to increase the minimum wage, which is projected to benefit over 3.7 million employees beginning January 1, 2025. This policy is expected to exert a positive influence on the Company’s operations in