and related 0.5 0.2 150.0% 1.4 0.9 56.0% Management Discussion and Analysis, Q3/2019 Page2/4 JMT Network Services PLC Q3/2019 Q3/2018 Change 9M/2019 9M/2018 Change MB MB % MB MB % income Total Revenues

Management Discussion and Analysis, Q1/2019 Page 1/4 JMT Network Services Public Company Limited - Translation - Ref: IR62/007 9 May 2019 Subject: Management Discussion and Analysis, 1st Quarter

assets were at Bt307,485mn, decreased -4.1% due to the amortization of spectrum licenses, Network and PPE, and lower right-of-use assets. Total liabilities closed at Bt267,156mn, declined -4.6% from the

assets were at Bt307,485mn, decreased -4.1% due to the amortization of spectrum licenses, Network and PPE, and lower right-of-use assets. Total liabilities closed at Bt267,156mn, declined -4.6% from the

assets were at Bt307,485mn, decreased -4.1% due to the amortization of spectrum licenses, Network and PPE, and lower right-of-use assets. Total liabilities closed at Bt267,156mn, declined -4.6% from the

Regarding to the Board of Meeting No.1/2018 of JMT Network Services Public Company Limited (“the Company”) convened on 22 February 2018, passed a resolution approving to acquisition of ordinary shares in

was Bt288,450mn, a decrease of -4.7% from the amortization of network assets, Spectrum License and right-of-use assets. Total liabilities closed at Bt239,463mn, declining -4.7% from the end of 2022

expected to be controlled, offset by the cost to support network growth in all businesses. As a result, we expect EBITDA margin (EBITDA over total revenue) to be stable from last year (43.4% in 2018). With

consumer products segment 0.7 0.9 (0.2) (22%) Revenue from media services segment 3.8 - 3.8 100% Total 4.5 2.6 1.9 71% E-Commerce segment Revenue from this segment was significant decrease due to declining

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