20230208-ADVANC-MDA-4Q22-EN Classification: Internal FY22 MD&A Advanced Info Service Plc. 1 Executive Summary Maintaining growth in core products amid cautious economic recovery 2022 displayed an

by 6.92 million baht or 1.99 % due to the appreciation of the Thai baht and the intense competition. Domestic sale increased by 12.02 million baht or 4.91 % due to market expansion in lingerie products

work-from-home. We expect FBB to maintain its growth momentum into 2H20 with targeted 1.35mn subscriber by year end. However, ARPU may continue declining amidst intense price competition offering series

-up 5G perception. Restrictions in the quarter also supported demand for Fixed broadband (FBB) which delivered strong growth of 23% YoY and 7.4% QoQ as well as non-mobile enterprise business growing 23

decline in mobile revenue. Fixed broadband business grew robustly from work- from-home trend amidst intense price competition. With solid subscriber growth offsetting ARPU decline from low price plan and

1.50 percent to accommodate the recovery path of domestic activity for the remainder of this year. Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and

for business expansion, enhance competitive edge and foster creativity and innovation, it will bring about mutual benefits to the country sustainable development in the long run.  Vorapol Socatiyanurak

development in the continued growth of the Company. As a result, the Company has total 24 codeshare airline partners. 4. The Company has announced a new collaboration effort with Expedia group, the world’s

, US Dollar start to get stronger in the long term (Source: The bank of Thailand). The overall global aviation industry in the first quarter of 2018, a growth in passenger traffic was supported by 7.2

of food business by started to recognize from Bake Cheese Tart (Thailand) Company Limited in January 2019, Eastern Cruisine (Thailand) Company Limited and Crepe & Co. Development Company Limited in