The first quarter of 2017/18 (ended 30 June 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending

all business segments. • Mobile revenue is expected to rebound – AIS strives to extend leadership in the mobile sector by capturing the 5G trend and gaining revenue market share, particularly in high

1 FY20 MD&A Advanced Info Service Plc. Executive Summary Mobile business affected by weak economy and competition in data pricing Slowdown in economic and business activities had been observed

of 2.2mn fibre customers this year. AIS Fiber will continue to lead the industry as a provider of superior service quality via a service guarantee amidst price competition. • Enterprise business

acquisition of Saraburi Quicklime and the efforts of the team to successfully integrate the business and improve its efficiency brought both top-line and bottom-line growth. The increased capacity and market

Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk

/17 by 7-8 %. As such, the bottom line of Q3/17 is expected to be improved because the cost of production is manageable while we can improve the selling price. 2. Business Outlook on Q3/2017

accordance with the Public Limited Act B.E. 2535 (1992), as amended. This Amalgamation is considered as business combination under common control, and to illustrate the impact of the amalgamation, the Company

the Company had resolved the resolution to the Company that it shall cease metals trading business at the end of the first quarter of 2019. (“Discontinued operation”) Padaeng Industry Public Company

business, featuring both house brand products and other brand products. To date, the Company has nine outlets, i.e. Phetchaburi Branch, Kanchanaburi Branch, Pattaya Branch, Pak Chong Branch, Sing Buri Branch