, AIS reported a core service revenue of Bt35,394mn for 2Q19, growing 5.8% YoY and 4.2% QoQ. In this quarter, there was a one- time expense1 on legal severance compensation amounting to Bt636mn. Excluding

20230508-ADVANC-MDA-1Q23-EN Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Growing core businesses amid the cautious recovery of the Thai economy 1Q23 illustrated a

continued to have presence as strong brands in the market. Implemented company-wide cost optimization With low growth market, AIS has been focusing on optimizing and digitizing the core operation including

and to create business cases for monetization in the future. Core service revenue ( Pre- TFRS 15) grew 2. 5% YoY with guidance maintained In summary, Pre- TFRS 15, AIS’ s core service revenue in 1Q19

-Speed Internet Service Project in Remote Area and the Core and Access Switch for Core Network Replacement and SDN project. Therefore, the total revenue increased while the total operation expenses and the

enhance suitability for the characteristics of digital assets and types of associated risks Businesses and in alignment with the specific characteristics and risks associated with different types of digital

characteristics of digital assets and types of associated risks Businesses and in alignment with the specific characteristics and risks associated with different types of digital assets * while adhering to

of digital assets and types of associated risks Businesses and in alignment with the specific characteristics and risks associated with different types of digital assets * while adhering to

Business Law to enhance suitability for the characteristics of digital assets and types of associated risks Businesses and in alignment with the specific characteristics and risks associated with different

digital assets and types of associated risks Businesses and in alignment with the specific characteristics and risks associated with different types of digital assets * while adhering to international