) the administrative sanction to restrict or suspend business undertaking or revoke licenses, registration or approval shall be imposed on the violation or non-compliance with any of the following

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

lower spectrum licenses and Right-of-use assets, while -3.4% QoQ from lower interest-bearing debt. The average cost of borrowing slightly increased from 2.8% in 2022 to 2.9% affected by rising interest

item recorded in 2Q22 and 1Q23. Finance cost was at Bt1,333mn, increased 0.8% YoY due to reduction expense related to spectrum licenses and Right-of-use assets, offset by the increment in interest on new

loan. Total non-current assets was at Bt282,107mn, decreasing by -6.8% due to the amortization of spectrum licenses, PPE, and lower right-of-use assets. Total liabilities amounted to Bt239,284mn declined

Bt49,798mn, increasing by 18% due to higher cash reserves. Total non-current assets were at Bt405,413mn, decreasing by 1.6%, primarily from the amortization of network PPE, spectrum licenses, and right-of-use

obtained all relevant licenses for the operation of its business except for EIA and Construction licenses. 4. No proceeding by law, court order or administrative order prohibit the parties to enter into

parties comply with terms and condition set forth therein the Joint Venture Agreement. 3. JV company has obtained all relevant licenses for the operation of its business except for EIA and Construction

of Baht 234 million.  Asset Management Business Phatra Asset Management Co., Ltd. (“PASSET”), under mutual fund and private fund management licenses, offers fund management services to individuals and

fund management licenses, offers fund management services to individuals and corporate customers. PASSET’s mutual fund AUM as of 31 March 2018 was Baht 63,998 million with total 24 funds under management