is expected to pick up again after the pandemic ends and positive influence from Chinese investments. Production cost are expected to increase from last year, especially agricultural raw materials

765 1,852 2,409 81 883 (3%) (4%) 33% 15% Total Revenues 5,459 5,507 1% 5,248 5,226 (0.4%) Operating and administrative expenses Expected credit loss Finance costs Other expenses 2,029 2,094 527 5 2,187

end. At the same time, the industry competition is anticipated to remain high with pricing strategy to address low affordability. Amid this uncertainty, AIS continue to focus on creating differentiation

แบบแสดงรายการขอมูลการเสนอขายตราสารหน้ี (รายครั้ง) (แบบ 69-DEBT-PO-GOV.AGENCY) บริษัท........... (ช่ือไทย/อังกฤษของผูเสนอขายตราสารหน้ี) ............. เสนอขาย ......................................................................................................................... ......................................................................................................................... ....................................................................................................

2018, BOD’s meeting approved the revision of the investment policy to manage liquidity regarding the investment limit. In order to maximize the use of cash because the Board of Directors expected that

cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the

. Therefore, the subscription of the newly issued shares at the price per share of Baht 335.29377 is reasonable, in which the Company will receive the expected return. For the acquisition of shares from Travel

ordinary shares in Nam San 3A is equivalent to USD 174. 04 million ( or approximately THB 5,315.18 million2). Nam San 3A has no outstanding debt. 1.7. Expected Benefits to the Company and Shareholders 1.7.1

customers through our partnership strategy. This includes content collaborations with Disney+ Hotstar, BBC, and Thai League. Expected mid-single digit growth in FY22 In summary, AIS generated Bt130,972mn of

Association Thailand (“DAAT”) revised up the advertising expenditures to THB 12,000mn, or an expected growth of 29% in 2017 (prior forecast: 24% growth in 2017), mainly driven by the acceleration of internet