(EBIT) 2.96 1.89 56.40 7.28 -59.36 7.54 24.91 -69.72 Financial costs 1.27 0.04 2,790.91 1.17 8.44 3.53 0.13 2,636.43 Income tax expenses (0.80) 0.05 -1,609.43 0.13 -734.92 (2.70) 3.15 -185.78 Net profit

No: AH 02112021 November 12, 2021 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 3rd quarter of fiscal year 2021 ended as of September 30, 2021 To: The President

689 153 108 428 Operating Revenue Billboard and Other Street Furniture and Digital System Integration 1Q 2018 1Q 2019 1Q 2019 CONSOLIDATED P&L SNAPSHOT * IFRS 15 is effective for financial statement

, PBSB is now a subsidiary of MACO, and the consolidation of its financial performance has also begun in this quarter. INDONESIA – GENERATING PROFIT SINCE THE FIRST COMMERCIALISATION IN APRIL 2019

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

% for the thick gauge compared to the previous year. Management’s Discussion and Analysis (MD&A) for year 2017 11 Performance With reference to the aforementioned financial statements, the Company reports

Discussion and Analysis (MD&A) for year 2017 (Revised) 11 Performance With reference to the aforementioned financial statements, the Company reports a consolidated net profit of THB 365 million and net loss of

solutions. AIS expects service revenue and EBITDA in 2021 to grow low-single digit while CAPEX for 5G/4G network and FBB budgeted Bt25-30bn. Significant Event in FY20 1. In 1Q20, AIS adopted Thai Financial

no futher consideration the related issue. 3. Appointment of Independent Financial Advisor (IFA) to give the opinion on the acquisition of assets and also submits this opinion to Securities and

equivalent to 9.38% of business operation based on financial statement as of March 31, 2019, which is not considered as acquisition. However, according to the Board of Directors „s resolution 3/2018 on 18