ended 30 September 2022 and 2021 are presented below: Q3-2021 Q2-2022 Q3-2022 9M-2021 9M-2022 Sales and service income THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Sales of electricity - FiT, base

Thai language version is the definitive and official document of the Tender Offeror and shall prevail in all respects in the event of any inconsistency with this English language translation.” Amendment

20230807-ADVANC-MDA-2Q23-EN Classification: Internal 2Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Core businesses growth from profitability focus amid economic uncertainties In 2Q23 Thai

Limited (“TSEO”) which is a subsidiary with 100% shareholding by Thai Solar Energy Public Company Limited equivalent to 74,000,000 ordinary shares at the par value of Baht 10 per share, totaling transaction

volume; a. Raw Water sales volume decreased by 8.7% YoY mainly due to the planned maintenance shut down of a petrochemical customers and the lower electricity dispatch to EGAT of Glow IPP b. Industrial

of the Company = 1,263.06Baht Million 6,161.51 Baht Million = 20.50% Transaction size calculation is based on US Dollar to Thai Baht Converter: 1 US Dollar is worth 33.24 Thai Baht. 4.4 Comparison of

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

creditors, namely: 1. Notice demanding for payment of an electricity fee with late penalty according to the Electricity Power Purchase Agreement in the amount of THB 158,238,694.62 dated 9 October 2017. The

manage and control the labor costs, utilities and electricity of restaurants business branch properly and efficiently. Administrative expenses Administrative expenses was 86.1 MB, an increased by 21.0 MB

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector