cost control. Net profit ( pre- TFRS 16) declined - 23% YoY, - 6. 5% QoQ from unrealized foreign exchange loss and increasing D&A, while excluding foreign exchange effect net profit declined - 21% YoY

improved following on-going cost optimization and FY17 guidance maintained. AIS reported 3Q17 EBITDA of Bt17,589mn, +15% YoY and +2.8% QoQ, mainly due to revenue growth and controlled SG&A. YTD, AIS spent

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

revenue was at Bt29,311mn, increasing by 0.7% YoY from a slight improvement in consumer purchasing power and tourist segment. However, mobile revenue decreased by -0.6% QoQ due to seasonality effect

applying corporate governance principles to family-controlled businesses, expectations from institutional investors and disclosure of beneficial ownership in businesses in Asia.    -------------* Established

improvement of automated kiosks that are more than 130,000 kiosks countrywide with well-controlled cost efficiency. The Company has segmented its operation into 3 business groups to improve their efficiency

Baht or 5.57 percent. But the company’s initial income has increased by 3.66 million Baht or 6.72 percent as the company has controlled the principal in an appropriate way. The turnover of the subsidiary

has adopted TFRS 15, Revenue from Contracts with Customers, on modified retrospective approach. As a result, AIS elected to recognize the cumulative effect of initially applying this Standard as an

merchandises, gourmet food and beverages, increasing by 2% as compared to the same period last year of 45% of the same revenues. This was due to the capability that the Company controlled the operating costs and

activities are controlled, the currencies in which cash and cash equivalents are held, the extent to which borrowings are at fixed rates, and the use of financial instruments for hedging purposes. 5