fee). For financing activities, AIS paid a dividend of Bt10,943mn, a net repayment of Bt4,391mn, and lease liability of Bt5,860mn. As a result, net cash decreased by Bt1,445mn resulting in Bt16,970mn

license. As a result, free cash flow (OCF less CAPEX and spectrum license) for 1Q22 was Bt9,440mn. Cash flow used in financing activities was Bt5,800, mainly on lease liability paid of Bt3,122mn and

0.8 Net debt to EBITDA (times)* 0.8 0.8 0.7 Net debt & lease liability & spectrum license payable to EBITDA 2.1 2.0 1.9 Current Ratio (times) 0.4 0.4 0.4 Interest Coverage (times) 16.0 15.9 15.8 Debt

Ratio 2Q22 1Q23 2Q23 Interest-bearing debt to equity (times)* 1.1 1.0 1.0 Net debt to equity (times)* 0.9 0.8 0.9 Net debt to EBITDA (times)* 0.8 0.7 0.8 Net debt & lease liability & spectrum license

. The Transaction is considered as an acquisition of assets in considers CCPH to acquire the KPPH’s shareholding as in whole; however, since the Company’s shareholding in CCPH has diluted from 100% to

palm oil and crude palm kernel oil (CPKO) comparing with previous year. Under these circumstances, the Thai government has maintained biodiesel mandate at B7 for whole year. In addition, the government

value. Such subscription is made to the whole issue offered by CVHLUX, including both CHHK’s portion and ICSG’s because ICSG acting in capacity of an eligible shareholder has expressed its intention not

subscription to which CVHLUX issues for sales. Such subscription is made to the whole issue offered by CVHLUX, including both CHHK’s portion and ICSG’s because ICSG acting in capacity of an eligible shareholder

sale of bonds may be in contrast to the public interest or national policy; (3) the offer for sale of bonds may cause an adverse effect to the credibility of the Thai Capital Market as a whole; (4) the

launch two more projects with the combined value of 3,500 million THB. Therefore, there will be the total of ten new projects launched throughout the whole year with the combined value of 14,000 million