length price of the agreements of a similar nature. In addition, the service fees will help increase liquidity and enhance operating result of the Company as the Company's group can leverage existing

1.41 Leverage ratio 30-Jun-20 30-Jun-20 31-Dec-19 Interest bearing debt to equity (time)* 3.20 1.27 0.94 Net interest bearing debt to equity (time)* 2.88 0.95 0.20 Debt to equity (time)* 4.12 2.20 1.76

continued investment in network and spectrum. Liquidity & Leverage: Liquidity remained solid with current ratio of 0.45x, similar level as previous year. AIS maintained strong financial position with low net

from 38% in FY20 to 34% and ROA slightly decreased from 9% in FY20 to 8%. Liquidity & Leverage: Current ratio was 0.39x, lower than previous year of 0.45x. AIS maintained strong financial position with

due to short term loan for TTTBB acquisition. Nonetheless, AIS has ample operating cashflow to repay its debt obligation and ensure liquidity is managed efficiently. Leverage Net debt to EBITDA

fixed by the employee at the same rate, regardless of whether employee is male or female. 7. The Bank of Thailand’s Policy Guidelines Re: Appraisal of Collateral and Foreclosed Properties obtained from

asset used as a collateral shall be identified together with the limit of the obligations. In cases where the Company or a subsidiary has intangible assets which are significant to business undertaking

the collateral under the aforesaid settlement agreements, providing that such reverse value is lower than the appraised price of the collateral because it was made on a conservative basis, based on the

Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA

property as collateral, resulting that it was considered as Connected Transaction. However, such director did not receive any compensation from bringing personal asset to guarantee this loan, therefore the