network. Expect mid-single digit growth in FY19 In summary, AIS delivered Bt133,429mn of core service revenue for FY18, a growth of 3.8% YoY. EBITDA increased 4. 7% YoY to stand at Bt73,792mn or a margin

60,400 FBB ARPU (Baht/user/month) 610 573 574 563 558 1H19 Snapshot For 1H19, AIS has delivered core service revenue growth of 4.1% YoY, against the full-year 2019 guidance of mid-single digit growth

to lower bad debt provision while decreasing -11%QoQ due to some seasonal staff-related expenses. Net FX loss was Bt223mn, turned negative, compared to FX gain of B263mn in 4Q20 due to THB depreciation

which was recorded in 4Q22. Bad debt provision as % of postpaid and FBB revenue declined from 2.6% to 2.4% following the economic recovery. Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 4

campaigns. • Admin & other expenses at Bt3,736mn, decreased -3.0% YoY due to a reduction in depreciation of right-of-use assets and decreased by -8.6% QoQ due to cost controls. The provision of bad debts, as

efficiently managed around 8.3% of total revenue. The provision of bad debts as a % of postpaid and broadband revenue was 2.3% lower than 2Q23 at 2.4%. Profitability 3Q23 EBITDA was at Bt23,674mn, increasing

incorporated into a single notification. By virtue of Section 14, Section 100, Section 109, Section 117 and Section 124 of the Securities and Exchange Act B.E. 2535 (1992), Section 126(5) of the Securities and

into a single notification. By virtue of Section 14, Section 100, Section 109, Section 117 and Section 124 of the Securities and Exchange Act B.E. 2535 (1992), Section 126(5) of the Securities and

of the Notification of the Securities and Exchange Commission relating to Management of Mutual Funds and Private Funds, dated 10 June 2004, be repealed and incorporated into a single notification. By

law. 2. To enhance efficiency of official receivers in collecting a debtor’s assets in a bankruptcy case, a provision has been added to this law. The new provision allows (a) any person who owes a