ADVANC-MDA-1Q24-EN 1Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Revenue base expansion from core business growth and acquisition of TTTBB 1Q24, Thai consumer confidence slightly improved

revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of

increase more export volume, sales revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis

product quality, especially on the 5G services which now has 87% of nationwide population coverage. As a consequence, the 5G subscriber was accelerated to 8.5mn or 19% of total mobile subscriber base. AIS

same quarter of last year. ⚫ Increase in cost of goods sold are mainly impact to minus in bottom line of 7.1 million baht. ⚫ Rising in selling expenses of 15% are from increasing in salesforce

restaurant and food center business improve in bottom line contribution, by lowering in losses of 52% or 16M THB, mainly are from subcontracting one of food center to third party. 3. Financial status analysis

expenses reduced. At the bottom level, there was no impact on net profit. This Thai Financial Reporting Standard had no effect for other income items. - Revenue from rent and service of MK Group grew

(raw material), COGs/revenue ratio of Q1/2019 are at high level. This is because of high stock level carried over Q4/2018.  Increase in cost of sales of are main impact to minus in bottom line. 3 / 4

quarter of last year. ⚫ Increase in cost of goods sold are mainly impact to minus in bottom line of 7.1 million baht. ⚫ Rising in selling expenses of 15% are from increasing in salesforce, transportation

bottom lines in a world increasingly dominated by concerns over long-term sustainability. Importantly, the PRI agenda must be domestically owned in Thailand and leadership on it has to come from within