to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all

revised FY22 guidance and outlook. Core-service revenue to low-single-digit growth (revised from mid- single-digit growth). EBITDA to flat to slightly decline (revised from low-single-digit growth). We

of tourism and service sectors, coupled with increased consumer purchasing power from reduced inflation. Nonetheless, the global economy showed a sign of uncertainty and a risk of recession, causing

(exclude spectrum) • Bt30-35bn Core service revenue is expected to grow mid-single digit In 2022, Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of new COVID-19

Service Plc. 2022 Guidance Core service revenue • Mid-single digit growth EBITDA • Low-single digit growth CAPEX (exclude spectrum) • Bt30-35bn Core service revenue is expected to grow mid-single digit In

to mid-single digit decline. EBITDA (pre- TFRS16) stood at Bt76,619mn, decreased –2. 7% YoY with focusing on cost control and in- line with low single digit decline EBITDA guidance. Net profit ( pre

21,906 21,906 7 1Q21 MD&A Advanced Info Service Plc. 2021 Guidance All guidance is based on Post-TFRS 16 Core service revenue  Low single digit growth (Maintained) EBITDA  Low-single digit growth

-conservative spending amid political uncertainty. AIS also focused on high-margin services including EDS, CloudX, and tailored vertical solutions for targeted industries. EBITDA accelerated QoQ from growth in

increased .In addition the Social security revenue of subsidiaries decreased because of the uncertainty of the payment system of Social security office. 2. Cost of hospital operations & Administrative

organization levels were controlled following the cost reduction initiative to combat COVID-19 situation. In addition, put off 2020 capital expenditure plan to prepare sufficient liquidity amidst uncertainty