our customers and generate higher income from both the content as well as subscription in mobile and broadband. Revised down full year guidance following the rising economic risk We revised down the

administrative expenses for Q2 2020 were at Baht 91.83 million, down Baht 60.31 million, or 40% from the same period of last year due to a robust expense control in the quarter. The amount comprised of THB 64.97

2017 an increase of 22%  EBITDA: 54mTHB in Q4 2018 compared to 37mTHB in Q4 2017 an increase of 46%; 2018 full year 230mTHB compared to 172mTHB in 2017 an increase of 34%  Net income: 25mTHB in Q4 2018

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In Q1/2018, East Water Group had total consolidated sales and services income of 1,045.39 million Baht, decreased by 117.85 million Baht or 10.13% compared to

1 1. ANALYSIS OF FINANCIAL PERFORMANCE Income statement (MB) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total Sales and Services revenue 1,043.98 1,039.90 (4.09) (0.39%) 4,376.96 4,308.04 (68.92) (1.57

-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which

severely contracted as a result of the Coronavirus 2019 (Covid-19) outbreak which began in late January. Income from the tourism heavily declined as a result of international travel restrictions that were

1. 1 percent even though the overall economic condition has continued improving from preceding year according to rapid export growth and continued robust growth in tourism. However, private

Rationale • Deepens the Bank’s presence in Indonesia, the largest ASEAN economy with GDP of US$1.04 trillion3 and 267 million population with young working age population, growing middle and upper income

and 6.9% QoQ, making the revenue contribution grew to 4.2% of AIS core service revenue. Robust core service revenue growth (Pre-TFRS 15) with guidance maintained Core service revenue (pre-TFRS) in 3Q19